NVIDIA Scores 2 Drone Wins -- Including the AI for an E-Commerce Giant's Delivery Drones
NVIDIA (NASDAQ: NVDA) is on track -- or perhaps we should say on a flight path -- to conquer the small unmanned aerial vehicle, or drone, space. Within the past month, the graphics-chip specialist has scored two notable artificial-intelligence (AI) wins in this realm.
This is a great news for investors, because the drone space is already rapidly growing -- research firm Gartner estimates that the global civil drone market grew 36% to $4.5 billion last year -- and is widely expected to explode in size in the coming decade, as companies increasingly adopt drones for deliveries, industrial inspections, and agricultural, entertainment, security, and other purposes.
It seems to largely fly under many investors' radars that along with driverless cars and trucks, NVIDIA's graphics processing units-based approach to deep learning -- a burgeoning category of AI in which a machine is trained to make inferences from data as we humans do -- can also be used to smarten up drones.
Source: Fool.com
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