Chipmaker Nvidia is buying DeepMap, the high-definition mapping startup introduced. The corporate mentioned its mapping IP will assist Nvidia’s autonomous car know-how sector, Nvidia Drive.
“The acquisition is an endorsement of DeepMap’s distinctive imaginative and prescient, know-how and folks,” mentioned Ali Kani, vp and normal supervisor of Automotive at Nvidia, in a press release. “DeepMap is predicted to increase our mapping merchandise, assist us scale worldwide map operations and develop our full self-driving experience.”
One of many greatest challenges to attaining full autonomy in a passenger car is attaining correct localization and up to date mapping data that displays present street circumstances. By integrating DeepMap’s tech, Nvidia’s autonomous stack ought to have larger precision, giving the car enhanced talents to find itself on the street.
“Becoming a member of forces with Nvidia will enable our know-how to scale extra shortly and profit extra individuals sooner. We look ahead to persevering with our journey as a part of the Nvidia workforce,” mentioned James Wu, co-founder and CEO of DeepMap, in a press release.
DeepMap — based by former staff 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 shortly and with out utilizing an excessive amount of information storage by way of over-the-air updates. Nvidia may also make investments into new capabilities for DeepMap as a part of the partnership.
Nvidia is predicted to finalize the acquisition in Q3 2021.