Tata Motors shines as its arm forms multi-year strategic partnership with NVIDIA
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Tata Motors is currently trading at Rs. 506.90, up by 8.70 points or 1.75% from its previous closing of Rs. 498.20 on the BSE.
The scrip opened at Rs. 505.10 and has touched a high and low of Rs. 511.40 and Rs. 504.35 respectively. So far 340572 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 536.50 on 17-Nov-2021 and a 52 week low of Rs. 268.50 on 24-Aug-2021.
Last one week high and low of the scrip stood at Rs. 511.40 and Rs. 467.20 respectively. The current market cap of the company is Rs. 168354.76 crore.
The promoters holding in the company stood at 46.40%, while Institutions and Non-Institutions held 28.35% and 17.98% respectively.
Tata Motors’ wholly owned subsidiary -- Jaguar Land Rover (JLR) has formed a multi-year strategic partnership with NVIDIA, the leader in artificial intelligence (AI) and computing, to jointly develop and deliver next-generation automated driving systems plus AI-enabled services and experiences for its customers. Starting in 2025, all new Jaguar and Land Rover vehicles will be built on the NVIDIA DRIVE software-defined platform - delivering a wide spectrum of active safety, automated driving and parking systems as well as driver assistance systems. Inside the vehicle, the system will deliver AI features, including driver and occupant monitoring as well as advanced visualisation of the vehicle’s environment.
This full-stack solution is based on NVIDIA DRIVE Hyperion, which features DRIVE Orin centralised AV computers; DRIVE AV and DRIVE IX software; safety, security and networking systems; plus, surround sensors. DRIVE Orin is the AI brain of the car and runs the Jaguar Land Rover Operating System, while DRIVE Hyperion is the central nervous system. Jaguar Land Rover will also leverage in-house developed data centre solutions with NVIDIA DGX for training AI models and DRIVE Sim software built on NVIDIA Omniverse for real time physically accurate simulation. Jaguar Land Rover’s software-defined features and its end-to-end verification and validation architecture will enable the delivery of innovative assisted and automated driving services throughout the life of the vehicle via over-the-air software updates.
