Aurora, NVIDIA Team Up to Develop Autonomous Trucks
Aurora Innovation, a leading self-driving company, has teamed up with tech giant NVIDIA to develop autonomous trucks. CEO Chris Urmson views this partnership as a stepping stone for deploying thousands of driverless trucks. The collaboration, initiated in 2020, has sparked interest from 22 hedge funds in the third quarter.
Aurora's stock price has been volatile, currently standing over 50% below its peak. However, the company's shares surged by 29.08% following the announcement of the partnership with NVIDIA. This collaboration has bolstered Aurora's Driver Platform by integrating NVIDIA's cutting-edge technologies. The partnership is seen as a significant boost for Aurora's autonomous truck development efforts.
Aurora Innovation and NVIDIA's collaboration continues to attract investor attention, with 22 hedge funds showing growing interest. Despite recent stock price fluctuations, the partnership with NVIDIA has provided a significant boost to Aurora's autonomous truck development and presents an attractive investment opportunity for those interested in NVIDIA stock or NVDA stock.
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