Volvo, of Sweden, is owned by China's Geely Automotive Holdings. Nvidia made the announcement at the beginning of the Consumer Electronic Show here.
The new Drive PX 2, said company CEO Jen-Hsung Huang, has computing power equivalent to 150 MacBook Pro computers, and can deliver up to 24 trillion 'deep learning' operations - allowing the computer to use artificial intelligence to program itself to recognize driving situations - per second.
Partnerships between automakers and Silicon Valley companies on self-driving technologies are taking center stage at this year's show.
Also yesterday, General Motors Co. announced a USD 500 million investment in ride-sharing service Lyft. Huang didn't offer revenue projections for Drive PX 2, but automotive is the fastest-growing business segment for Nvidia, whose largest revenue source is video games.