While companies like Google (Nasdaq: GOOGL) and Apple (Nasdaq: AAPL) are experimenting with the first self-driving cars, completely autonomous vehicles are probably at least a few years out. However, the technology that is making its way onto the road right now is still pretty amazing. For instance, with Tesla Motors’ (Nasdaq: TSLA) new autopilot system, its cars can brake, steer, accelerate, decelerate, change lanes and avoid obstacles by themselves. #-ad_banner-# Fully and partially self-driving cars rely on millions of miles of driving videos and data, which are fed into a computer’s data model. That’s where today’s stock pick… Read More
While companies like Google (Nasdaq: GOOGL) and Apple (Nasdaq: AAPL) are experimenting with the first self-driving cars, completely autonomous vehicles are probably at least a few years out. However, the technology that is making its way onto the road right now is still pretty amazing. For instance, with Tesla Motors’ (Nasdaq: TSLA) new autopilot system, its cars can brake, steer, accelerate, decelerate, change lanes and avoid obstacles by themselves. #-ad_banner-# Fully and partially self-driving cars rely on millions of miles of driving videos and data, which are fed into a computer’s data model. That’s where today’s stock pick comes in. Nvidia (Nasdaq: NVDA), best known for powering PCs and video games with graphic processors, has made the leap into driver assistance and display systems. The company makes high-performance chips that enable driver assistance systems to process massive amounts of data. It sells a Tegra X1 chip for automotive and gaming uses, and this summer started shipping its latest Drive PX computing system for self-driving cars and driver-assist applications. Tesla uses Nvidia chips in the 17-inch screen and the instrument cluster for its Model S and might use the Drive PX in its Model X SUV. Meanwhile, Audi also… Read More