Nvidia (NVDA) on Tuesday unveiled a palm-sized AI computer to be used by China internet giant Baidu's (BIDU) self-driving cars. Among a series of AI and other announcements it made at a chip industry conference in China, Nvidia said the new Drive PX 2 artificial-intelligence platform for "AutoCruise" functions will let vehicles use "deep neural networks to process data from multiple cameras and sensors." It said the product will let Baidu and other customers "accelerate production of automated and autonomous vehicles." Nvidia stock fell 1.5% in the stock market today, to 59.87, after rising 2% at the open. Baidu stock fell 1.2% Tuesday, to 181.90.
Kicking off the first in a series of global GPU Technology Conferences, NVIDIA co-founder and CEO Jen-Hsun Huang today at GTC China unveiled technology that will accelerate the deep learning revolution that is sweeping across industries. Huang spoke in front of a crowd of more than 2,500 scientists, engineers, entrepreneurs and press, gathered in Beijing for a day devoted to deep learning and AI. On stage he announced the Tesla P4 and P40 GPU accelerators for inferencing production workloads for AI services and, a small, energy-efficient AI supercomputer for highway driving -- the NVIDIA DRIVE PX 2 for AutoCruise. The new Tesla GPUs deliver massive leaps in efficiency and speed -- 45x compared to CPU-only systems -- for inferencing production workloads for AI services like voice-activated applications and movie and product recommendation engines. And they do it at a fraction of the cost of CPU systems.
The annual Consumer Electronics Show, in Las Vegas has become the best place to learn about what's coming to cars. This year, however, the wild new capabilities rolling through CES, and into the auto industry, went from an open secret to headline grabbing news. As a result, it was an incredible week for us. Since we unveiled our AI computing platform for autonomous vehicles at CES last year, DRIVE PX 2 has become the core of the AI revolution sweeping the auto industry. That became clear with the show's opening keynote Wednesday from NVIDIA Co-Founder and CEO Jen-Hsun Huang, who announced our new AI Co-Pilot for the car built on DRIVE PX 2, as well as our ever expanding AI Car ecosystem of partners.
Self-driving cars need AI, and we delivered big on AI at the GPU Technology Conference in Silicon Valley this week. During his keynote, NVIDIA founder and CEO Jensen Huang made a host of announcements that will change how the automotive industry designs, builds and drives its cars. Chief among these was the unveiling of Volta, the world's most advanced GPU architecture, which will fuel the forthcoming DRIVE PX Xavier AI car supercomputer. Xavier is a complete system-on-chip that integrates a next-generation CPU, Volta GPU and our new Tensor Cores. Huang also announced that Toyota, legendary for its high standards and priority on safety, has selected NVIDIA DRIVE PX for autonomous vehicles.
After more than a century on the road, the automobile is ready for a major redesign. Instead, it was the production-ready technologies that will infuse AI into the next generation of cars for safer, more efficient driving in the near term. And, making these compute-intensive products a mass-market reality is the high-performance, energy-efficient NVIDIA DRIVE platform. NVIDIA CEO Jensen Huang and Mercedes-Benz Executive VP Sajjad Khan announce new partnership at CES 2019.NVIDIA These new vehicles are being redesigned from the inside out. To handle the compute requirements of autonomous driving and an intelligent cockpit, Mercedes-Benz is working with NVIDIA to develop a new centralized vehicle computing architecture.