Nvidia (NVDA) announced it is partnering with Uber (UBER) “to scale the world’s largest level 4-ready mobility network.” The network will use Uber’s robotaxi and autonomous delivery fleets, the new Nvidia DRIVE AGX Hyperion 10 autonomous vehicle development platform and Nvidia DRIVE AV software purpose-built for L4 autonomy. “By enabling faster growth across the level 4 ecosystem, Nvidia can support Uber in scaling its global autonomous fleet to 100,000 vehicles over time, starting in 2027. These vehicles will be developed in collaboration with Nvidia and other Uber ecosystem partners, using Nvidia DRIVE. Nvidia and Uber are also working together to develop a data factory accelerated by the Nvidia Cosmos world foundation model development platform to curate and process data needed for autonomous vehicle development,” Nvidia said in a statement.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on UBER:
- Midday Fly By: OpenAI signs new Microsoft deal, PayPal reports Q3 beat
- Uber seeks to invest in Pony, WeRide Hong Kong listings, Bloomberg reports
- Uber price target raised to $124 from $117 at UBS
- Uber’s Strong Mobility Performance and Promising AV Strategy Drive Buy Rating
- Uber and WeRide (WRD) Launch Robotaxi Rides in Saudi Arabia