By Sam Boughedda
Investing.com — Autonomous driving technology company Tusimple Holdings Inc (NASDAQ:TSP) has expanded its partnership with Nvidia Corporation (NASDAQ:NVDA) to use its chips to design and develop an autonomous domain controller for autonomous trucks.
According to TuSimple, the design will incorporate the Nvidia DRIVE Orin system-on-a-chip, which is specifically designed for autonomous driving applications.
The domain controller is the central computer for intelligent vehicles and powers autonomous driving capabilities.
"A high-performance, production-ready ADC is a critical piece to scaling our AFN, and we are taking a hands-on role to advance its development with the help of NVIDIA," said Cheng Lu, President, and CEO of TuSimple.
"We believe this move provides us a significant competitive advantage in speeding time to market and further extending our industry leadership position," added Lu.
Nvidia will also provide its AI expertise to TuSimple, which will own usage rights to the controller reference design, including certain limited "first-use" provisions. TuSimple said it intends to work with third-party manufacturers for the production of the ADC.
TuSimple shares are down 8% at the time of writing, while Nvidia shares have fallen 5.8%.