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Nvidia (NVDA) CEO Jensen Huang announced a partnership with General Motors (GM) to build the automaker's self-driving car fleet. Yahoo Finance Senior Autos Reporter Pras Subramanian sits down with Julie Hyman and Josh Lipton on Market Domination to outline the details of the partnership.
To watch more expert insights and analysis on the latest market action, check out more Market Domination here.
Nvidia CEO Jensen Huang announcing a new partnership with General Motors earlier today at Nvidia's GTC event.
And so today, I'm super excited to announce that GM has selected Nvidia to partner with them to build their future self-driving car fleet.
Now for more, we're bringing in Yahoo Finance senior auto reporter, Pras Subramanian. Pras.
Yeah, you know, kind of another big kind of OEM notch for for Jensen Huang and and Nvidia with with GM now partnering with them too. Not only partner with them to help develop their self-driving self-driving cars, excuse me, also for factory optimization, uh simulation types of activities with with AI and also enterprise. So, uh kind of a bigger deal than just the cars itself. But um, you know, like I said, another big win for Nvidia here. They they have Toyota, they have Mercedes, they have a bunch of others OEM partners that are signing up for their business. And you know, it's a small business right. It's only $2 billion last year, but they say it'll be 5 billion dollar business for Nvidia. So it's a growing subset, not obviously tiny compared to their um the black hole business, but also something that's really exciting from the automotive point of view is what Nvidia can do to power those initiatives uh for those cars.
Yeah, and some of the other chip makers also been really getting a Qualcomm comes to mind, for example, because those are rapidly growing parts of the business as well. So it makes sense that they would kind of try and push in that direction.