Chipmaker Nvidia is buying DeepMap, the high-definition mapping startup introduced. The firm mentioned its mapping IP will assist Nvidia’s autonomous car technology sector, Nvidia Drive.
“The acquisition is an endorsement of DeepMap’s distinctive imaginative and prescient, technology and folks,” mentioned Ali Kani, vice chairman and common supervisor of Automotive at Nvidia, in an announcement. “DeepMap is predicted to lengthen our mapping merchandise, assist us scale worldwide map operations and increase our full self-driving experience.”
One of the largest challenges to attaining full autonomy in a passenger car is attaining correct localization and up to date mapping data that displays present highway circumstances. By integrating DeepMap’s tech, Nvidia’s autonomous stack ought to have better precision, giving the car enhanced skills to find itself on the highway.
“Joining forces with Nvidia will permit our technology to scale extra rapidly and profit extra folks sooner. We look ahead to persevering with our journey as a part of the Nvidia crew,” mentioned James Wu, co-founder and CEO of DeepMap, in an announcement.
DeepMap — based by former workers of Google, Apple and Baidu James Wu and Mark Wheeler — can use Nvidia Drive’s software-defined platform to scale its maps throughout AV fleets rapidly and with out utilizing an excessive amount of information storage through over-the-air updates. Nvidia may even make investments into new capabilities for DeepMap as a part of the partnership.
Nvidia is predicted to finalize the acquisition in Q3 2021.