Recent Quotes View Full List My Watchlist Create Watchlist Indicators DJI Nasdaq Composite SPX Gold Crude Oil Hydroworld Market Index Markets Stocks ETFs Tools Overview News Currencies International Treasuries Nvidia, MediaTek to collaborate on power advanced vehicle infotainment systems By: FOX Business May 29, 2023 at 06:26 AM EDT Nvidia Corp. and MediaTek Inc. will collaborate on technology to power advanced vehicle infotainment systems, the companies announced at an event Monday in Taiwan. Nvidia Corp. and MediaTek Inc. will partner on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers through artificial intelligence, the companies announced Monday.The agreement, which will include MediaTek systems and Nvidia software, was made public at the Computex technology trade show in Taipei, Taiwan, according to Reuters.MediaTek will integrate a Nvidia graphic processing unit chiplet and Nvidia software into the system-on-chips it provides to automakers for infotainment displays, the companies said. The feature would be compatible with automated driving systems based on Nvidia technology.US ‘WON’T TOLERATE' CHINA'S BAN ON CHIPMAKER MICRON"The automotive industry needs strong companies that can work with the industry for decades at a time," Nvidia Chief Executive Jensen Huang said at a news conference."The quality, strength and positions of our two companies could give the automotive industry partners that they can build their companies on," Huang added, noting that the partnership would provide chips that can power "every single segment of a car."Automakers including features like gaming, artificial intelligence for voice-activated features, driver monitoring systems and displays related to automated driving create more complex in-vehicle displays. An example used in the announcement said dashboard displays could show the environment around the vehicle while the cameras monitor the driver.The partnership with MediaTek will reportedly allow Nvidia wider access to the $12 billion market for infotainment system-on-chips, the companies announced.OPENAI CEO ALTMAN BACKTRACKS AFTER THREATENING TO EXIT EUROPE OVER OVERREGULATION CONCERNSMediaTek Chief Executive Officer Rick Tsai said the first products are expected to be released in late 2025.Nvidia has centered its attention on premium automotive brands like Mercedes-Benz and Jaguar Land Rover while MediaTek – a company strong in mobile connectivity and Android systems – generally sells its Dimensity Auto technology to lower-priced, mass-market vehicle lines."There are a lot of segments they are addressing that Nvidia has not addressed," said Danny Shapiro, Nvidia vice president of automotive.GET FOX BUSINESS ON THE GO BY CLICKING HEREQualcomm, a competitor to MediaTek in the smartphone market, has also been looking to collaborate with automakers. The company announced a partnership with SalesForce earlier this year to develop a new connected vehicle platform.Reuters contributed to this report. Data & News supplied by www.cloudquote.io Stock quotes supplied by Barchart Quotes delayed at least 20 minutes. By accessing this page, you agree to the following Privacy Policy and Terms and Conditions.
Nvidia, MediaTek to collaborate on power advanced vehicle infotainment systems By: FOX Business May 29, 2023 at 06:26 AM EDT Nvidia Corp. and MediaTek Inc. will collaborate on technology to power advanced vehicle infotainment systems, the companies announced at an event Monday in Taiwan. Nvidia Corp. and MediaTek Inc. will partner on technology to power advanced vehicle infotainment systems that can stream video or games or interact with drivers through artificial intelligence, the companies announced Monday.The agreement, which will include MediaTek systems and Nvidia software, was made public at the Computex technology trade show in Taipei, Taiwan, according to Reuters.MediaTek will integrate a Nvidia graphic processing unit chiplet and Nvidia software into the system-on-chips it provides to automakers for infotainment displays, the companies said. The feature would be compatible with automated driving systems based on Nvidia technology.US ‘WON’T TOLERATE' CHINA'S BAN ON CHIPMAKER MICRON"The automotive industry needs strong companies that can work with the industry for decades at a time," Nvidia Chief Executive Jensen Huang said at a news conference."The quality, strength and positions of our two companies could give the automotive industry partners that they can build their companies on," Huang added, noting that the partnership would provide chips that can power "every single segment of a car."Automakers including features like gaming, artificial intelligence for voice-activated features, driver monitoring systems and displays related to automated driving create more complex in-vehicle displays. An example used in the announcement said dashboard displays could show the environment around the vehicle while the cameras monitor the driver.The partnership with MediaTek will reportedly allow Nvidia wider access to the $12 billion market for infotainment system-on-chips, the companies announced.OPENAI CEO ALTMAN BACKTRACKS AFTER THREATENING TO EXIT EUROPE OVER OVERREGULATION CONCERNSMediaTek Chief Executive Officer Rick Tsai said the first products are expected to be released in late 2025.Nvidia has centered its attention on premium automotive brands like Mercedes-Benz and Jaguar Land Rover while MediaTek – a company strong in mobile connectivity and Android systems – generally sells its Dimensity Auto technology to lower-priced, mass-market vehicle lines."There are a lot of segments they are addressing that Nvidia has not addressed," said Danny Shapiro, Nvidia vice president of automotive.GET FOX BUSINESS ON THE GO BY CLICKING HEREQualcomm, a competitor to MediaTek in the smartphone market, has also been looking to collaborate with automakers. The company announced a partnership with SalesForce earlier this year to develop a new connected vehicle platform.Reuters contributed to this report.