Japanese Autonomous Driving Startup Turing Receives $79M from AMD Ventures, Shifts 10% of AI Workloads from Nvidia

Recently, Japanese autonomous driving company Turing Inc. announced that AMD Ventures has become an investor and begun integrating AMD AI accelerators into its systems. The funding round raised $79 million at a $600 million valuation through a combination of equity and debt. Turing's executives disclosed that approximately 10% of AI training tasks have migrated from Nvidia hardware to AMD GPUs, helping diversify its supply chain and reduce costs—critical factors in the capital-intensive autonomous vehicle sector.

Turing plans to launch consumer and Robotaxi software solutions by 2028. The company faces competition from Nissan, UK-based Wayve Technologies, and Uber, which are set to pilot autonomous taxi services in Tokyo by year-end.

Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments