|Baidu-Nvidia Plan Latest in Expanding Self-Driving Constellation, Says Raymond James The partnership announced today between China's Baidu and US chip vendor Nvidia is just the latest in an expanding constellation of self-driving car partnerships, many of which overlap in terms of the parties involved, according to research by Raymond James analyst Tavis McCourt. |
Updated July 5, 2017 5:20 p.m. ET
As mentioned earlier today, China’s search engine giant Baidu ( BIDU) struck a partnership with chip vendor Nvidia ( NVDA), and other tech companies, to develop self-driving automobiles.
In a note to clients this afternoon, Raymond James analyst Tavis McCourt notes that this is just the latest of a slew of industry partnerships.
“The list of autonomous projects globally continues to grow,” writes McCourt, "and we would note that many, if not most, of Baidu’s partners also have other autonomous projects they are participating in, as shown below."
If you’re interested in following the action, McCourt offers a chart of the various announced partnerships that you may want to keep handy: