NVIDIA’s CEO, Jensen Huang, praised Tesla’s Full Self-Driving system (FSD) as the most advanced on the market, powered by Nvidia chips. Huang emphasized Tesla’s revolutionary approach to autonomous driving, specifically highlighting Tesla’s fully self-driving version 12 as an end-to-end generative model that learns from immersive videos to predict paths and drive the car. In a recent exclusive interview with Yahoo Finance, Huang praised Tesla’s groundbreaking technology and the incredible work being done by the company.
Tesla’s latest FSD, version 12, is currently in beta mode and has accumulated over 1.3 billion miles since its debut in March 2021. Despite its advancements, FSD is still considered a Level 2 autonomous system, requiring supervised use and facing scrutiny from regulators regarding its capabilities.
Nvidia reported automotive revenue of $329 million in the first quarter, a small portion of its overall data center business revenue of $22.6 billion. Nvidia’s CFO, Colette Kress, expects automotive to be the largest vertical within the data center segment this year, potentially becoming a multimillion-dollar business for the company.
Huang expressed his hope that all cars will eventually have some level of autonomous capability, requiring significant computing power to process large amounts of data. Nvidia’s collaboration with Tesla involves expanding FSD training utilizing 35,000 Nvidia Hopper H100 GPUs to enhance data processing capabilities.
In addition to Tesla, Nvidia’s automotive customers include prominent brands like Mercedes, Jaguar Land Rover, Volvo, Hyundai, as well as Chinese electric vehicle startups BYD and NIO. Wall Street analysts are optimistic about Nvidia’s automotive business, with JPMorgan raising its price target for the company based on projected growth in auto revenue over the next few years.
Overall, Huang’s comments underscore the close partnership between Nvidia and Tesla in advancing autonomous driving technology, with both companies at the forefront of innovation in the automotive industry. The collaboration between Nvidia and Tesla highlights the importance of cutting-edge technology and data processing in developing advanced autonomous driving systems.
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