Volvo picks up Nvidia to assist with AI for self-driving vehicles

Volvo and Nvidia have formed a partnership that will see the pair collaborate on AI technology for self-driving vehicles.

Speaking to investors and media at Volvo’s annual event for the capital-markets community, Volvo Group CEO Martin Lundstedt said:

“Partnership is the new leadership. If we are to succeed in the future with speed, quality, and safety – and to gain benefits of autonomous driving – we need to partner up with the best guys. In this world of...

Apple reportedly wants to ‘acqui-hire’ self-driving car startup Drive.ai

Apple is reportedly mulling a purchase of self-driving car startup Drive.ai in an ‘acqui-hire’ deal to grab its talent.

Drive.ai is full of skilled personnel after being founded in 2016 by a pioneering team of graduates from Stanford’s AI lab. With AI talent in short supply, it seems Apple is considering purchasing a whole company to get the skills on its side.

Apple would not get any of Drive.ai’s intellectual property as part of the deal, only the minds behind...

Nvidia explains how ‘true adoption’ of AI is making an impact

Nvidia Senior Director of Enterprise David Hogan spoke at this year’s AI Expo about how the company is seeing artificial intelligence adoption making an impact.

In the keynote session, titled ‘What is the true adoption of AI’, Hogan provided real-world examples of how the technology is being used and enabled by Nvidia’s GPUs. But first, he highlighted the momentum we’re seeing in AI.

“Many governments have announced investments in AI and how they're going...

Budget: UK to boost ‘industries of the future’ funding – including AI, IoT, and driverless cars

The latest budget from the UK government increases financial support for the ‘industries of the future’ which includes AI, IoT, and driverless cars. As the UK prepares to depart the EU, the Chancellor of the Exchequer is boosting funding of industries where the UK is already emerging a leader to help solidify its position on the world stage. £75 million will be set aside for artificial intelligence to build on the existing success stories from the likes of Cambridge-based DeepMind...