• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

3

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

1

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line

2

He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead

3

Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing

The Man Behind Driverless Race Cars

By
Kirsten Korosec
Kirsten Korosec
Down Arrow Button Icon
By
Kirsten Korosec
Kirsten Korosec
Down Arrow Button Icon
April 6, 2016, 2:17 PM ET
Robocar of Roborace
Image by Chief Design Officer Daniel Simon / Roborace Ltd.Roborace Ltd / Daniel Simon LLC
Add Fortune on Google for similar content.

In Denis Sverdlov’s world, race cars don’t need drivers, rather only computer scientists and software. He’s betting that graphical chip maker Nvidia can provide the brainpower that his driverless cars need to successfully navigate an urban race track at high speeds.

Thus, Sverdlov’s London-based investment fund Kinetik is backing Roborace, a driverless car championship that will be featured on the international Formula E all-electric race circuit during the 2016-2017 series, which takes off in the fall. When the driverless race series was first announced in November, organizers provided few details about how the first commercial race to use self-driving technology would actually be pulled off.

Now we know that Nvidia’s Drive PX 2 supercomputer will be the brains of each race car. Nvidia CEO Jen-Hsun Huang made the announcement on Tuesday during his keynote address at the chip maker’s GPU Technology Conference in San Jose. One of the companies Kinetik has invested in, the electric truck maker Charge, will provide electrified trucks to service the robo-racers.

Roborace will be designed to be entertaining; Sverdlov actually calls these races “shows” and told Fortune that he wants this to appeal to a young audience. But there is more at stake than getting teenagers interested in motorsports or computer science.

Get Data Sheet, Fortune’s technology newsletter.

The races will be an important test bed for artificial intelligence and other self-driving car technologies such as the sensors, radar, and cameras embedded in the cars. It’s also meaningful for Nvidia, a company that is trying to be more than just the dominant provider of graphics chips used in the gaming industry.

In traditional motorsports like Formula One, millions of dollars are spent on the hardware of the car. Sverdlov, the former CEO of Russian wireless broadband provider Yota and the creator of the Yotaphone, says those kinds of investments are wasteful because none of it can be used in production cars or on normal roads. He insisted to Fortune that Roborace will be different.

Read more: Nvidia Places Its Bets on Virtual Reality and Artificial Intelligence

“We didn’t want this to be a hardware competition,” said Sverdlov during an interview at the GPU Technology Conference. “This is all about software. Software engineers create their own algorithms and test them in extreme conditions. It’s not about the fastest motor, but the smartest people.”

To be clear, these are not remote-controlled cars. Software engineers develop the artificial intelligence algorithm for a particular race. Once the brains are placed in the car, the engineers no longer have any control over the vehicle.

The race will have 10 teams, each with two driverless cars equipped with the Nvidia Drive PX 2 in one-hour races. Every team will have identical 2,200-pound cars designed by automotive futurist Daniel Simon. Only the software will different.

For more on self-driving cars, watch:

“We want to show that these cars can do crazy complicated things in an extreme environment, which would help prove that driverless cars could be very safe on normal roads,” Sverdlov explained. “We really believe everything that is made here for this championship will go directly to regular street cars.”

The teams will include major automakers, technology companies, and established motorsport racing teams. Roborace has already has more than 30 requests from companies to have a team, which doesn’t surprise Sverdlov. “Any automaker that doesn’t have, or isn’t developing, driverless technology doesn’t have a future,” Sverdlov remarked.

Roborace will also have one or two slots each race for small startups to compete. A small startup can submit a virtual algorithm. Those who win the qualifying round make it to an actual race. Sverdlov noted teams will be announced in June.

Race championships often have crashes—it’s one reason people watch them. But driverless race cars that crash could cause distrust in the technology. Sverdlov thinks he’s found a way to keep races entertaining without hurting the larger mission. He told Fortune that there will probably be two different formats.

“One will be about the safety and the other one will be called ‘fight mode’ where the cars can behave quite aggressively,” he explained. “We really want to involve our technology partners to work out the right balance between safety and the show.”

About the Author
By Kirsten Korosec
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • TikTok icon
  • YouTube icon

Latest in

Y Combinator‑backed AI startup is under fire after its founder offered instant interviews to partygoers who got company tattoos, then apologized
Startups & VentureTech
Y Combinator‑backed AI startup is under fire after its founder offered instant interviews to partygoers who got company tattoos, then apologized
By Marco Quiroz-GutierrezJuly 31, 2026
44 minutes ago
Studio portrait of Leopold Aschenbrenner
Startups & VentureHedge Funds
The power couple of AI is getting married in Carmel, days after groom Leopold Aschenbrenner’s hedge fund nearly blew up
By Eva RoytburgJuly 31, 2026
44 minutes ago
Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
Commentaryaging
Asia’s aging population doesn’t have to be a fiscal burden. With smart planning, it can be a growth opportunity
By Runchana Pongsaparn and Koon Hui TeeJuly 31, 2026
45 minutes ago
European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one
Startups & VentureSports
European nations have won more than half of all World Cups. Now they’re threatening to boycott the next one
By Catherina GioinoJuly 31, 2026
46 minutes ago
Polar Monkeys Cold Plunge Review (2026): What Our Testing Team Thought
HealthFitness
Polar Monkeys Cold Plunge Review (2026): What Our Testing Team Thought
By Christina SnyderJuly 31, 2026
48 minutes ago
Mike Wirth, chief executive officer of Chevron.
EnergyIran
Chevron posts largest quarterly profit ever and Exxon income surges as Iran war squeezes oil supply
By Jordan BlumJuly 31, 2026
3 hours ago

Most Popular

The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line
Retail
The rise of 'conspicuous waiting': The 19th-century economic theory that explains why Gen Z posts their place in line
By Tatiana SatauaJuly 31, 2026
15 hours ago
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
Success
He worked 100-hour weeks to save a nearly bankrupt boat company. At 83, he’s just turned down $400 million for it—and gave it all to charity instead
By Preston ForeJuly 29, 2026
2 days ago
Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
Big Tech
Tim Cook signed off on his final Apple earnings call with a warning about a ‘100-year flood’ in memory chip pricing
By Alexei OreskovicJuly 30, 2026
21 hours ago
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
Retail
Costco's $14 million email settlement: Who qualifies for an up-to $500 payment and how to claim before the Aug. 24 deadline
By Sydney LakeJuly 29, 2026
2 days ago
Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
Personal Finance
Millennials say they’ll refuse to care for aging boomer parents—but they’ll be forced to as their inheritance shrinks to 40 cents on the dollar
By Nick LichtenbergJuly 31, 2026
15 hours ago
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
Real Estate
The millennial generation is split in 2: an older crowd with boomer-style comfort, a younger set going 'back to the early 1900s'
By Nick LichtenbergJuly 25, 2026
6 days ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.