$Uber(UBER)$
Uber Partners with Nvidia to Advance Autonomous Driving Technology:
Uber has announced a partnership with Nvidia to utilize its Cosmos platform and DGX Cloud to enhance the development of AI models for its autonomous vehicle (AV) partners. This collaboration aims to improve the efficiency of building these models, ultimately accelerating progress in the autonomous driving sector. Uber CEO Dara Khosrowshahi emphasized the importance of generative AI in shaping the future of mobility, highlighting the need for extensive data and powerful computing capabilities. He stated that working with Nvidia will significantly expedite the development of safe and scalable autonomous driving solutions. In related news, Uber's stock has seen a roughly 15% increase over the past year, boosted by a recently announced accelerated stock buyback plan.
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