Bosch and Nvidia are here to save us all from the horror of taxi driver chats, and to help push on the great leap forward in self driving cars. This results to a collaborative effort that makes the most of Nvidia's deep learning technology and whatever Bosch does to get the slow moving traffic going.

According to Nvidia News, Nvidia CEO Jen-Hsun Huang has officially released a statement which announces their collaboration with Bosch. Huang stated, "Using [Nvidia's] DRIVE PX AI car computer, Bosch will build automotive-grade systems for the mass production of autonomous cars. Together we will realize a future where autonomous vehicles make mobility safe and accessible to all."

Nvidia' and Bosch's self-driving car systems will be using the former's upcoming Xavier chip, which is the world's first single-chip processor that can manage Level 4 autonomous driving capabilities. Bosch will be the first company to develop a computer using that board, Engadget has learned.

Bosch supplies automotive parts and in-vehicle technologies such as sensors to automakers such as Tesla.

Bosch, an automotive supplier, and Nvidia, a graphics chip maker, announced the partnership at the former's Connected World of Internet of Things conference in Berlin. Nvidia's deep-learning software and hardware will house the AI self-driving car system.

Last January 2017, Nvidia revealed its self-driving car, BB08, which is based on the GPU-maker's Drive PX system. The BB08 can change lanes, stop at signals, and ride highways. It's driving decisions rely on data collected from GPS, radar, Lidar, cameras, and other sensors.

NVIDIA's foray into the autonomous vehicles and other automotive electronics space has been driving its stock higher since mid 2015. Notably, the stock has been clocking solid returns over the past one year and has gained 209.9%, outperforming the Zacks categorized Semiconductor-General industry's gain of just about 44.1%.