①Aurora, Continental Group and NVIDIA announced a long-term strategic partnership aimed at the large-scale deployment of self-driving trucks; ②Aurora's stock price initially rose over 65% in Pre-Market Trading, now the gain has narrowed to around 53%, trading at $9.93 per share. NVIDIA rose nearly 2%.
According to Caixin, on January 7 (Editor Zhao Hao), local time on Monday (January 6), at the 2025 Consumer Electronics Show (CES) in Las Vegas, USA, Aurora, Continental Group, and NVIDIA announced a long-term strategic partnership.
The press release stated that the goal of the three companies is to large-scale deploy self-driving trucks powered by the next-generation NVIDIA DRIVE Thor SoC. NVIDIA's DRIVE Thor and DriveOS will be integrated into the SAE Level 4 autonomous truck system 'Aurora Driver.'
As a result of this news, companies listed on the Nasdaq.$Aurora Innovation (AUR.US)$The stock price rose over 37% in Pre-Market Trading.
Aurora's CEO and co-founder Chris Urmson said, 'Delivering a self-driving truck will be a milestone. Deploying thousands of self-driving trucks will change our way of life.'
Urmson added, 'NVIDIA is a market leader in accelerated computing, they will strengthen our partner ecosystem and enhance our ability to provide safe and reliable self-driving trucks to customers.'
Continental Group is developing and producing hardware for Aurora Driver, with plans to start production in 2027. The two companies recently finalized the system architecture and hardware selection, with the first prototype testing scheduled for the first half of 2025, and self-driving truck services set to launch in April in Texas, USA.
Aruna Anand, President and CEO of Continental Automotive Group North America, stated that powerful Self-Driving Cars Hardware requires unique and unparalleled expertise, and collaboration with Aurora and NVIDIA will position Continental at the forefront of this cutting-edge technology.
The DRIVE Thor mentioned in Aurora's press release adopts NVIDIA's Blackwell GPU architecture, designed to accelerate inference tasks critical for Self-Driving Cars to understand and navigate, with production samples of DRIVE Thor set to be launched in the first half of 2025.
On that day, Jensen Huang mentioned in a 90-minute speech that Thor's computing power is 20 times that of the previous generation automotive processor Orin, and is also suitable for traditional Siasun Robot&Automation. He also announced that Toyota will collaborate with NVIDIA to produce the next generation of Self-Driving Cars.
In addition to Aurora, most of the partners mentioned in the NVIDIA press release also saw their stock prices rise, with Toyota Motor increasing over 2% in Pre-Market Trading, Arbe Robotics rising over 9%, and Arm Holdings slightly up by 0.22%.
Editor/ping