Uber Joins Forces With Nvidia to Boost AI Technology in Autonomous Vehicles | Global News Avenue

Uber Technologies (Uber) shares rose in premarket trading Tuesday as the largest ride-sharing company announced a partnership with Nvidia (NVDA) to speed up usage Artificial Intelligence (AI) Self-driving car technology.

Uber will use Nvidia’s Cosmos platform and DGX Cloud to help its autonomous vehicle (AV) partners “build more powerful artificial intelligence models more efficiently.”

CEO Dara Khosrowshahi said generative artificial intelligence will “power the future of mobility, which requires rich data and very powerful computing.” Khosrowshahi added that the collaboration with the chipmaker will “accelerate the timeline for safe, scalable autonomous driving solutions.”

As of Monday’s close, Uber Technologies’ shares had risen about 15% in the past year. They get a boost from new acceleration stock buyback plan Announce yesterday. Nvidia stock closed at record high Shares rose another 2.5% in premarket on Monday after CEO Jensen Huang took over give a speech Last night at CES in Las Vegas.