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Nvidia, Volvo Cars accelerate auto industry's data-processing power race
Reuters
1 hour ago
By Joseph White
© Reuters/TT NEWS AGENCY
FILE PHOTO: Volvo presents its new electric car Volvo C40 Recharge, in Stockholm
By Joseph White
DETROIT (Reuters) - Volvo Cars said Monday it will use a new generation of high-powered chips from Nvidia Corp to enable more autonomous driving functions in future vehicles, starting next year.
Volvo is among a crowd of new and established automakers putting digital processing power ahead of horsepower as they try to catch up with Tesla Inc.
Tesla, the world's most valuable automaker, has taken the lead in software-driven features and functional capability in part by equipping its cars and SUVs with powerful, and expensive, on-board computers that can manage complex tasks such as automated driving, and be upgraded over the air.

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