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Self-driving startup Momenta reportedly begins testing in-house chips, expandsoverseas

Chinese startup Momenta has begun testing its in-house chip for advanced driver-assistance systems to compete with NVIDIA. Founded in 2023 with talent from Oppo's chip unit, Momenta is expanding internationally, planning robotaxi services in Munich with Uber and supplying advanced features for SAIC vehicles in Europe and Australia.

Key points

  • Momenta is developing its own chips to enhance its autonomous driving software capabilities.
  • The new chip is aimed at competing with NVIDIA's established offerings, indicating a push for technological independence.
  • Expansion into overseas markets is underway, with testing of robotaxi services in Munich through collaboration with Uber.
  • Momenta is actively supplying advanced driving assistance systems to SAIC models that will launch in the UK, Germany, and Australia.

Why it matters

  • The increasing trend towards autonomous driving technology aligns with global interest towards 2025 IT trends, focusing on AI-driven transportation.
  • Momenta's chip development reflects a larger movement in the industry where companies seek to create proprietary technology to reduce reliance on third-party suppliers.
  • The international collaboration with Uber signifies the growing partnerships between tech startups and established transportation entities.

Momenta's initiative to develop proprietary chips and expand internationally illustrates the accelerating evolution of autonomous technology, positioning itself among key players in a competitive market.