Chipmaker Nvidia is buying DeepMap, the high-definition mapping startup introduced. The firm stated its mapping IP will assist Nvidia’s autonomous car technology sector, Nvidia Drive.
“The acquisition is an endorsement of DeepMap’s unique vision, technology and people,” stated Ali Kani, vp and normal supervisor of Automotive at Nvidia, in an announcement. “DeepMap is expected to extend our mapping products, help us scale worldwide map operations and expand our full self-driving expertise.”
One of the most important challenges to attaining full autonomy in a passenger car is attaining correct localization and up to date mapping info 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 allow our technology to scale more quickly and benefit more people sooner. We look forward to continuing our journey as part of the Nvidia team,” stated James Wu, co-founder and CEO of DeepMap, in an announcement.
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 will even make investments into new capabilities for DeepMap as a part of the partnership.
Nvidia is predicted to finalize the acquisition in Q3 2021.