Nvidia-linked shares rallied in Wednesday trading.
Serve Robotics up 19%; Nebius up 16%; CoreWeave up 8%; Arbe Robotics up 5%; APLD up 4%; Intel up 2%.
Nvidia is investing $2bn in AI cloud provider NEBIUS, extending the chipmaker’s multibillion-dollar investment spree in its partners and customers.
The deal Amsterdam-based Nebius announced on Wednesday follows Nvidia’s “significant” investment in Silicon Valley-based AI lab Thinking Machines a day earlier. The lab also struck a chip supply deal worth several billions of dollars.
Nvidia also took part in Monday’s $2bn fundraising for UK cloud start-up Nscale, which relies heavily on its chips.
Serve Robotics Inc. announced a partnership with White Castle to deliver the brand's Sliders and other menu items via the company's autonomous delivery robots through the Uber Eats (UBER) platform.
Customers ordering White Castle in Serve Robotics (SERV) delivery zone will have the option to have their meals arrive in one of Serve’s autonomous sidewalk robots. Notably, the partnership further expands Serve’s (SERV) presence on the Uber Eats platform, which already offers robotic deliveries in Los Angeles, Miami, Dallas–Fort Worth, Atlanta (including Buckhead), Chicago, Fort Lauderdale, and Alexandria, Virginia, with additional U.S. cities coming soon.