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Turing raises $79M, partners with AMD for AI chips

Japanese self-driving startup Turing has secured $79 million in Series A funding, bringing its total raised to $174 million. The company is now utilizing AMD's AI accelerators, reducing its dependence on Nvidia chips and diversifying its supply chain. Turing aims to deploy its unified autonomous driving system by 2028 in consumer vehicles and robotaxis. AI

IMPACT This partnership could accelerate the adoption of AMD's AI accelerators in the autonomous vehicle sector, potentially lowering costs and increasing competition.

RANK_REASON Significant funding round for an AI-adjacent company with strategic partnerships. [lever_c_demoted from significant: ic=1 ai=0.7]

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Turing raises $79M, partners with AMD for AI chips

COVERAGE [1]

  1. AI Business TIER_1 English(EN) · Graham Hope ·

    Self-Driving Company Gets Funding and Chips From AMD

    The move marks the chipmaker’s first foray into autonomous vehicle technology.