In another effort to strengthen its technology portfolio for self-driving cars, Nvidia recently announced a deal to acquire the startup DeepMaps.
Although Nvidia has not disclosed the value of the deal, Nvidia said it plans to complete the acquisition in the third quarter of 2021 (pending regulatory approval). With this purchase, Nvidia hopes to bolster its Nvidia Drive platform with high-resolution maps using DeepMaps technology.
One of the biggest hurdles in manufacturing self-driving cars is that most of the current maps are not accurate enough to support self-driving vehicles. Nvidia states that “maps accurate to within a few meters are sufficient to provide detailed instructions to humans. [Autonomous vehicles], however, require much greater precision. They must operate with centimeter precision for precise localization, the ability of an AV to locate itself in the world.
On top of that, Nvidia says that even if you have accurate high fidelity cards, those cards still need to be constantly updated and localized with new data in a way that is easy to scale across the world. .
By integrating DeepMaps technology into the Nvidia Drive platform, Nvidia seeks to create an end-to-end framework for self-driving cars that offers in-depth neural network training, high-performance autonomous computing, easily deployable wireless updates, and more. drive a car.
Meanwhile, in other Nvidia news, the Recently announced RTX 3070 Ti finally went on sale this week and, to very little surprise, sold out online almost instantly. Sales of the RTX 3070 Ti followed the release of the RTX 3080 Ti last week – which was also quickly swallowed up – and paints a sad picture for anyone waiting to pick up a new GPU for their platform.
While Nvidia claims it is trying to pump as many graphics cards as possible and has also limited the hash rate on a number of new GPUs to make them less attractive to crypto miners, even with GPU sales increased 39% in the first quarter of 2021 AMD and Nvidia have been unable to meet historically unprecedented demand.