Self-Driving Startup Turing Gets AMD Backing, Adopts AMD GPUs

Self-driving technology developer Turing Inc. has added AMD Ventures to its list of backers and begun adopting Advanced Micro Devices Inc.'s AI accelerators in its systems, according to a Bloomberg report.

Partnership Details

The size of AMD Ventures' investment or stake in Turing was not disclosed. The startup will use AMD Instinct processors and GPUs in its autonomous driving systems, giving AMD a foothold in the rapidly growing market.

Competitive Landscape

The move comes amid fierce competition between AMD and NVIDIA in the autonomous vehicle chip market. NVIDIA has dominated with its Drive platform, but AMD is expanding its share through new partnerships. Uber (UBER) is also investing in self-driving technology via its Uber ATG unit.

What It Means for Investors

This partnership strengthens AMD's position in AI and autonomous driving, potentially boosting future revenue. For Turing, AMD's backing provides advanced technology and financial resources to accelerate product development. However, competition with NVIDIA remains intense, and the partnership's success will determine Turing's ability to achieve tangible progress.