Nvidia to acquire autonomous vehicles’ mapping startup DeepMap

Chip-maker Nvidia is acquiring DeepMap, a startup dedicated to building high-definition maps for autonomous vehicles (AV), for an undisclosed sum. DeepMap was founded five years ago by Wu and Mark Wheeler, veterans of Google, Apple and Baidu, among other companies. The US-based company has developed a high-definition mapping solution that has already been validated by…

South Korea Unveils $450 Billion Push For Global Chipmaking Crown

South Korea unveiled ambitious plans to spend roughly $450 billion to build the world’s biggest chipmaking base over the next decade, joining China and the US in a global race to dominate the key technology. Samsung Electronics Co. and SK Hynix Inc. will lead more than 510 trillion won of investment in semiconductor research and…