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Investing.com -- Uber (NYSE:UBER) stock climbed to a session high Thursday afternoon, rising 3.5% after Nvidia (NASDAQ:NVDA) revealed details about their collaboration on autonomous vehicle development.
The ride-hailing giant’s shares gained momentum following Nvidia’s post on social media platform X, which outlined how the two companies are working together to advance self-driving technology. According to Nvidia, the partnership focuses on training foundation models using Uber’s extensive real-world driving data collected from diverse scenarios including airport pickups, complex intersections, and various weather conditions.
Nvidia explained that the collaboration leverages its DGX Cloud infrastructure to post-train Nvidia Cosmos World Foundation Models, with the goal of improving realism and safety in autonomous driving systems. The partnership aims to deliver high-fidelity simulation with fewer anomalies, faster post-training cycles with scalable machine learning operations, and enhanced model performance in rare and edge-case conditions.
The market’s positive reaction suggests investors view the partnership as a valuable strategic initiative that could strengthen Uber’s competitive position in the evolving transportation landscape.
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