Investing.com – Tusimple Holdings Inc. (NASDAQ:
) has its partnership with Nvidia Corporation (NASDAQ:
) to use his chips to design and develop an autonomous domain controller for autonomous trucks.
According to TuSimple, the design will include the Nvidia DRIVE Orin System-on-a-Chip, which was specially developed for autonomous driving applications
« Having a high-performing, production-ready ADC is critical to scaling our AFN, and we have a hands-on role in driving its development with the help of NVIDIA, » said Cheng Lu, President and CEO of TuSimple. A
« We believe this move will give us a significant competitive advantage by reducing time to market and further expanding our leading position in the industry, » added Lu.
Nvidia will also bring its AI know-how to TuSimple -how that owns the rights to use the controller reference design, including certain restricted « first time use » provisions. TuSimple has announced that it will be partnering with third-party manufacturers to produce the ADC.
TuSimple stock is down 8% at the time of writing, while Nvidia stock is down 5.8%.
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