Chipmaker Nvidia announced it is acquiring high-definition mapping startup DeepMap. The company said its mapping IP will help Nvidia Drive, Nvidia’s autonomous vehicle technology sector.
“The acquisition complements DeepMap’s unique vision, technology and people support,” Ali Kani, vice president and general manager of automotive at Nvidia, said in a statement. “DeepMap is expected to help expand our mapping products, scale map operations around the world, and expand our full self-driving expertise.”
One of the biggest challenges to achieving full autonomy in a passenger vehicle is getting proper localization and updated mapping information that reflects current road conditions. By integrating DeepMap’s technology, Nvidia’s autonomous stack should have greater accuracy, increasing the vehicle’s ability to find itself on the road.
“Joining forces with Nvidia will make our technology grow more quickly and benefit more people soon. We look forward to continuing our journey as part of the Nvidia team,” said DeepMap Co-Founder and CEO James Wu said in a statement.
Deep Map – founded by former employees of Google, Apple and Baidu James Wu and Mark Wheeler – uses Nvidia Drive’s software-defined platform to update its maps across AV fleets quickly and without using a lot of data storage can do without. Nvidia will also invest in new capabilities for DeepMap as part of the partnership.
Nvidia is expected to finalize the acquisition in the third quarter of 2021.