Bulletin Empire
  • Home
  • Politics
  • World
  • Business
  • Finance
  • Science
  • Technology
  • Arts
  • Lifestyle
  • Real Estate
Bulletin Empire
  • Home
  • Politics
  • World
  • Business
  • Finance
  • Science
  • Technology
  • Arts
  • Lifestyle
  • Real Estate
No Result
View All Result
Bulletin Empire
No Result
View All Result

Nio Isn’t Worried About Nvidia’s Chip Restrictions

Logan by Logan
September 8, 2022
in Business
0
Nio Isn’t Worried About Nvidia’s Chip Restrictions

Image Source- Getty Images

399
SHARES
2.3k
VIEWS
Share on FacebookShare on Twitter

Nio, a Chinese manufacturer of electric vehicles, followed other automakers in claiming that U.S. limitations on Nvidia chip sales to China won’t have an impact on the automaker’s operations.

In an effort to lower the possibility that these devices would be utilized by the Chinese military, Nvidia revealed last week that the United States would require the chipmaker to obtain a license before exporting some products to China in the future.

“We believe this will not have an impact on our business operations,” during a Wednesday results call, Nio’s founder, chairman, and CEO, William Li, spoke through a translator provided by the business. That’s what a StreetAccount transcript claims.

“Based on our estimations, our computing power is sufficient for our autonomous driving technology development in the aspect of the AI training for now,” Li said. “And we have been working very closely with our partner Nvidia.”

Image Source- TechCentral

For Nio and other Chinese electric car manufacturers, the Nvidia Drive Orin chip has become an essential component of assisted driving technology. Four of these chips, including one that allowed the vehicle to learn from specific driver preferences, were included in Nio’s new ES7 SUV, according to a blog post by Nvidia published online.

The company’s A100 and H100 devices, whose sales are a component of its much broader data center business, are the target of the new U.S. limitations. The goods are artificial intelligence-capable graphics processors.

Li claimed on Wednesday that a lot of Chinese businesses produce artificial intelligence training chips, and Nio is looking into possible partnerships with other businesses.

However, he said that Nio’s long-term plan will not be impacted by American regulations.

Along with autonomous driving start-ups WeRide and Pony.ai, manufacturer Geely declared last week that it won’t be impacted by the new regulations.

He Xiaopeng, chairman of electric vehicle start-up Xpeng, was quoted as saying earlier this week by the Chinese financial news outlet Caixin that the limitations would make it difficult for all autonomous driving algorithm training on cloud computing platforms.

However, he said that the business had purchased enough of the cutting-edge goods to accommodate demand in the ensuing years. He made a post on his personal WeChat account, which is comparable to a post on a private Facebook news feed, which Caixin cited.

Tags: AI trainingautonomous driving start-upsautonomous driving technologyCEO of Niochallenges for all autonomous drivingChinese electric car maker NioChinese militarycomputing power is sufficient for our autonomous driving technology developmenteffort to reduce the riskES7 SUVgraphics processorship sales to China won’t affect the automaker’s businesslicense for future export to China for certain productsNioNio ES7Nio is evaluating opportunities to work with different companiesNio says Nvidia chip restrictions won’t hurt themNvidiaNvidia chip restrictionsNvidia Drive Orin chipNvidia’s A100 and H100 productsPony.aiU.S. restrictions on Nvidia chip salesU.S. will require the chipmakerWeRideWilliam LiXiaopengXpeng
Previous Post

Despite a strong economy, Ireland faces cost-of-living pressures

Next Post

Are We Headed for a Global Recession? Shipping Rates Say Yes

Next Post
Are We Headed for a Global Recession? Shipping Rates Say Yes

Are We Headed for a Global Recession? Shipping Rates Say Yes

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

3 Smart Steps to Take If You Have $1,000 in the Bank
Make Money

3 Smart Steps to Take If You Have $1,000 in the Bank

by Logan
October 20, 2022
0

You're missing out if you keep a lot of money in your bank account. A significant accomplishment is amassing $1,000...

Read more
8 Legit Ways to Make Extra Cash

8 Legit Ways to Make Extra Cash

October 20, 2022

Category

  • Arts
  • Business
  • Economy
  • Entertainment
  • Finance
  • Lifestyle
  • Make Money
  • Politics
  • Real Estate
  • Science
  • Sports
  • Stock Markets
  • Technology
  • Uncategorized
  • World

Follow Us

  • Contact Us
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms & Conditions

© 2022 Bulletin Empire - All rights reserved by Bulletin Empire.

No Result
View All Result
  • Home
  • Politics
  • World
  • Business
  • Finance
  • Science
  • Technology
  • Arts
  • Lifestyle
  • Real Estate

© 2022 Bulletin Empire - All rights reserved by Bulletin Empire.