NVIDIA (NASDAQ: NVDA) today reported record revenue for the second quarter ended August 1, 2021, of $6.51 billion, up 68 percent from a year earlier and up 15 percent from the previous quarter, with record revenue from the company's Gaming, Data Center and Professional Visualization platforms. GAAP earnings per diluted share for the quarter were $0.94, up 276 percent from a year ago and up 24 percent from the previous quarter. Non-GAAP earnings per diluted share were $1.04, up 89 percent from a year ago and up 14 percent from the previous quarter.

"NVIDIA's pioneering work in accelerated computing continues to advance graphics, scientific computing and AI," said Jensen Huang, founder and CEO of NVIDIA. "Enabled by the NVIDIA platform, developers are creating the most impactful technologies of our time - from natural language understanding and recommender systems, to autonomous vehicles and logistic centers, to digital biology and climate science, to metaverse worlds that obey the laws of physics.

NVIDIA has long worked in the field of artificial intelligence applied to self-driving, and the fruits of that work are beginning to appear. Volvo has announced an alliance with NVIDIA whereby the carmaker will use NVIDIA'S Drive AGX Xavier computer in its next generation of vehicles. This system allows level 4 autonomy in controlled areas, although initially they will restrict their capacity to "Level 2+" that will more or less bring it up to the level offered by the current Tesla models.

The first Volvo cars to integrate this system will be available in the early 2020s, and will not only monitor the vehicle's surroundings but will also follow the driver's head and eye movements to detect possible events that the car's sensors have failed to capture. Volvo is not the first to reach such an agreement with NVIDIA: the company has already reached an agreement with Volkswagen earlier this year to take advantage of its Drive IX platform, and other customers such as Uber and Daimler have also made use of NVIDIA solutions in this field.