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October 26, 2017 04:00 pm

Chipmaker Nvidia's CEO Sees Fully Autonomous Cars Within 4 Years

An anonymous reader shares a report: Nvidia chief executive Jensen Huang said on Thursday artificial intelligence would enable fully automated cars within 4 years, but sought to tamp down expectations for a surge in demand for its chips from cryptocurrency miners. Nvidia came to prominence in the gaming industry for designing graphics-processing chips, but in recent years has been expanding into newer technologies including high-performance computing, artificial intelligence, and self-driving cars. Its expansion has been richly rewarded with a 170 percent stock surge over the past year, boosting its market value to $116 billion. "It will take no more than 4 years to have fully autonomous cars on the road. How long it takes for the vast majority of cars on the road to become that, it really just depends," Huang told media after a company event in Taipei.

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