On Thursday (October 23), Nvidia It announced that it is in talks with Uber. Uber has partnered with Uber on the development of self-driving cars. Uber 's stock rose 3.5% that day.
Nvidia posted a message on the social media platform X, detailing how the two companies are working together to advance the development of autonomous driving technology.
According to NVIDIA , the focus of this collaboration is to use the vast amount of real-world driving data collected by Uber from various scenarios, including airport transfers, complex intersections, and different weather conditions, to train NVIDIA's Cosmos World base model.
Nvidia will leverage its DGX Cloud infrastructure to accelerate development, and this collaboration signifies the two companies' continued commitment to maintaining their leading position in the field of autonomous vehicle technology.
The collaboration aims to achieve three major technical goals: first, to achieve higher-precision simulation and significantly reduce anomalies; second, to shorten the iteration cycle after model training and support scalable machine learning operations (MLOps); and third, to make the model more stable and reliable in rare or extreme scenarios.
Uber's data advantage
Uber Technologies is a technology service provider that matches passengers with drivers, food customers with restaurants and delivery riders, and shippers with carriers. Its on-demand delivery technology platform is currently used not only in traditional vehicles but also in autonomous vehicles, and may be used for more products and services in the future, such as through drones. To carry out delivery or transportation using electronic vehicle take-off and landing (eVTOL) technology.
Currently, Uber operates in over 70 countries and has more than 180 million users. With a market capitalization of $196.91 billion, it is a highly influential company in the technology sector, particularly in the software industry. Its strategic positioning and massive user base provide it with a powerful platform for growth and innovation.
Following Nvidia's announcement of the partnership, Uber's stock price climbed to an intraday high on Thursday afternoon, rising as much as 3.5%, before the gains narrowed.
The market's positive response indicates that investors view this partnership as a highly valuable strategic move that will enhance Uber's competitive position in the ever-evolving transportation sector.
(Article source: CLS)
