The world’s second-largest electric vehicle maker, BYD, announced on Tuesday that it is building its next-generation fleets on the NVIDIA’S DRIVE Hyperion architecture. This platform, based on DRIVE Orin, is now in production, and powering a wide ecosystem of 25 EV makers building software-defined vehicles on high-performance, energy-efficient AI compute. The open DRIVE Hyperion 8 platform allows these companies to individualize this programmable architecture to their needs, leveraging end-to-end solutions to accelerate autonomous driving development.
A wave of innovative startups also joined the DRIVE Hyperion ecosystem this week, including DeepRoute, Pegasus, UPower and WeRide, while luxury EV maker Lucid Motors announced its automated driving system is built on NVIDIA DRIVE. All together, this growing ecosystem makes up an automotive pipeline that exceeds $11 billion.
The NVIDIA DRIVE Orin system-on-a-chip achieves up to 254 trillions of operations per second (TOPS) and is designed to handle the large number of applications and deep neural networks (DNNs) that run simultaneously in autonomous vehicles, with the ability to achieve systematic safety standards such as ISO 26262 ASIL-D.
Together, DRIVE Hyperion and DRIVE Orin act as the nervous system and brain of the vehicle, processing massive amounts of sensor data in real time to safely perceive, plan and act.
The fund led by Cathie Wood bought recently nearly 65,000 BYD shares. Total holdings of the Warren Buffett backed carmaker are now worth $14,86 Million and represent a weight of 1.05% on ARKQ’s portfolio. The last time that ARK Invest. bought BYD shares was on November 30th, 2021, with 98,964 shares being added at a price per share of around $75.