• Image 01
  • Image 02
  • Image 03
  • Image 04
  • Image 05
  • Image 06
Need assistance? Contact Us: 1-800-255-5897

Menu

  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
  • Home
  • About Us
    • Company Overview
    • Management Team
    • Board of Directors
  • Your Loan Service Center
  • MAKE A PAYMENT
  • Business Service Center
  • Contact Us
Recent Quotes
View Full List
My Watchlist
Create Watchlist
Indicators
DJI
Nasdaq Composite
SPX
Gold
Crude Oil
Markets
Stocks
ETFs
Tools
Markets:
Overview
News
Currencies
International
Treasuries

Magna and NVIDIA Team Up to Advance Next-Gen Automotive Technologies

By: Magna International Inc. via GlobeNewswire
March 18, 2025 at 16:00 PM EDT
  • Magna to integrate NVIDIA DRIVE AGX, built on DRIVE Thor SoC, for next-generation vehicle intelligence
  • Collaboration to deliver AI-powered, scalable solutions for ADAS and autonomous driving systems, enabling software-defined vehicles
  • In-vehicle accelerated compute platform will enable advanced active safety and comfort functions, interior cabin AI solutions and more

AURORA, Ontario, March 18, 2025 (GLOBE NEWSWIRE) -- Magna, a global leader in mobility technology, today announced a program in collaboration with NVIDIA to integrate the NVIDIA DRIVE AGX platform within the company’s next generation of advanced technology solutions. The next-generation NVIDIA DRIVE AGX Thor system-on-a-chip (SoC), which runs the safety-certified DriveOS operating system and is built on the Blackwell GPU architecture, consolidates increased functionality to improve efficiency, speed, and scalability. This will help Magna enable cutting-edge AI and varying levels of autonomous driving (AD) and interior cabin applications.

A Media Snippet accompanying this announcement is available by clicking on this link.

Magna will develop and test the latest advancements in L2+ through L4 active safety solutions on DRIVE Thor, which helps position Magna as a leader in automotive electronics and AD solutions. By utilizing the accelerated compute performance and scalability afforded by this next-generation SoC, these solutions aim to enhance vehicle safety, comfort and more.

“Combining NVIDIA accelerated compute and AI capabilities with Magna’s extensive automotive expertise and innovation, we aim to explore new standards for next-generation software-defined vehicle intelligence and autonomy,” said Steven Jenkins, Vice President of Technology Strategy at Magna Electronics. “Our collaboration allows us to develop market applications for AI-powered solutions that could redefine the driving experience and address the evolving demands of the automotive industry.”

Magna’s expertise in developing, integrating and launching advanced features such as adaptive cruise control, driver and occupant monitoring, Highway and Urban Navigate-on-Autopilot and interior cabin AI companion functionalities positions the company well for this pilot program. This initiative focuses on solving the complexity of computing availability with performance for integrating ADAS, AD and interior cabin AI features, providing scalable, flexible and customizable system solutions that meet specific market needs and regulatory requirements.

“As the automotive industry transitions to safer, more intelligent vehicles with autonomous driving capabilities, our collaboration with Magna is the latest in our endeavors to bring our safety-certified in-vehicle accelerated compute and AI to the transportation industry,” said Ali Kani, Vice President of Automotive at NVIDIA. “By combining core technologies and Magna's integration expertise, we aim to shape the future of mobility.”

NVIDIA DRIVE AGX Thor delivers up to 1,000 trillion operations per second of AI compute power, featuring 8-bit floating point support optimized for transformer models, large language models and generative AI workloads.

Magna plans to unveil a working demonstration platform expected in Q4 2025. As part of this, Magna will tap NVIDIA Drive-OS for development, integration, validation and production workflows.

For more information on Magna’s full suite of active safety, interior cabin and AD solutions, visit the company’s product page.

INVESTOR CONTACT
Louis Tonelli, Vice President, Investor Relations
louis.tonelli@magna.com │ 905.726.7035

MEDIA CONTACT
Tracy Fuerst, Vice President, Corporate Communications & PR
tracy.fuerst@magna.com │ 248.761.7004

ABOUT MAGNA INTERNATIONAL
Magna is more than one of the world’s largest suppliers in the automotive space. We are a mobility technology company built to innovate, with a global, entrepreneurial-minded team of over 170,000 employees across 341 manufacturing operations and 106 product development, engineering and sales centres spanning 28 countries. With 65+ years of expertise, our ecosystem of interconnected products combined with our complete vehicle expertise uniquely positions us to advance mobility in an expanded transportation landscape.

For further information about Magna (NYSE: MGA; TSX:MG), please visit www.magna.com or follow us on social.

THIS RELEASE MAY CONTAIN STATEMENTS WHICH CONSTITUTE “FORWARD-LOOKING STATEMENTS” UNDER APPLICABLE SECURITIES LEGISLATION AND ARE SUBJECT TO, AND EXPRESSLY QUALIFIED BY, THE CAUTIONARY DISCLAIMERS THAT ARE SET OUT IN MAGNA’S REGULATORY FILINGS. PLEASE REFER TO MAGNA’S MOST CURRENT MANAGEMENT’S DISCUSSION AND ANALYSIS OF RESULTS OF OPERATIONS AND FINANCIAL POSITION, ANNUAL INFORMATION FORM AND ANNUAL REPORT ON FORM 40-F, AS REPLACED OR UPDATED BY ANY OF MAGNA’S SUBSEQUENT REGULATORY FILINGS, WHICH SET OUT THE CAUTIONARY DISCLAIMERS, INCLUDING THE RISK FACTORS THAT COULD CAUSE ACTUAL EVENTS TO DIFFER MATERIALLY FROM THOSE INDICATED BY SUCH FORWARD-LOOKING STATEMENTS. THESE DOCUMENTS ARE AVAILABLE FOR REVIEW ON MAGNA’S WEBSITE AT WWW.MAGNA.COM.


Primary Logo

More News

View More
This Defense Stock Has a $57B Backlog and New AI Tailwinds
Today 18:06 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers HII
How Much Risk Is Too Much? Here Come 5X Leveraged ETFs
Today 17:40 EDT
Via MarketBeat
Topics ETFs Regulatory Compliance
Tickers AMD AMZN COIN GLD MSTR NVDA
Baker Hughes Delivers Growth as Energy Tech Expands
Today 17:16 EDT
Via MarketBeat
Topics Energy
Tickers BKR
Fal.Con Europe Could Be CrowdStrike’s Early Earnings Catalyst
Today 16:58 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers CRWD
IBM's Pullback: A Bullish Signal Hidden in Plain Sight
Today 15:29 EDT
Via MarketBeat
Topics Artificial Intelligence
Tickers IBM

Recent Quotes

View More
Symbol Price Change (%)
AMZN  224.21
+3.12 (1.41%)
AAPL  262.82
+3.24 (1.25%)
AMD  252.92
+17.93 (7.63%)
BAC  52.57
+0.81 (1.56%)
GOOG  260.51
+6.78 (2.67%)
META  738.36
+4.36 (0.59%)
MSFT  523.61
+3.05 (0.59%)
NVDA  186.26
+4.10 (2.25%)
ORCL  283.33
+3.26 (1.16%)
TSLA  433.72
-15.26 (-3.40%)
FinancialContent
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.
© 2025 FinancialContent. All rights reserved.

Having difficulty making your payments? We're here to help! Call 1-800-255-5897

Copyright © 2019 Franklin Credit Management Corporation
All Rights Reserved
Contact Us | Privacy Policy | Terms of Use | Sitemap