00: 00 Speaker A
At Nvidia’s GTC function earlier now, Jensen Huang, CEO, made a new agreement with General Motors.
00: 11 Jensen Huang
So I’m so happy to announce now that GM has chosen Nvidia to work with them to create their upcoming self-driving car ships.
00: 34 Speaker A
Now for more, we’re talking to Pras Subramanian, a top car reporter for Yahoo Finance. Pras.
00: 40 Pas Proposed
Yeah, you know, another significant OEM cut for Jensen Huang and and Nvidia, with GM then working with them as well. Not only do they collaborate with them to create their self-driving cars, but also, forgive me, do factory optimization, uh, simulation-style activities involving AI and business. But, uh, sort of a bigger deal than just the automobiles. But, you’re aware that Nvidia is enjoying another significant success in this area, as I previously mentioned. They have a number of other OEM lovers that are signing up for their company, including Toyota, Mercedes, and Mercedes. And you are aware that it is a small company. Although it was only$ 2 billion last year, Nvidia claims it will be a$ 5 billion business. So it’s a growing set, no unfathomably small in comparison to their, um, black gap business, but what Nvidia can do to power those efforts, uh, for those cars, is really exciting.
01: 54 Speaker A
Yes, and some of the other chip producers, for instance, have been really getting a Qualcomm because those are rapidly expanding segments of the company as well. So it makes sense for them to attempt to go that route somewhat.