Olympian Motors announced on Monday Expand cooperation with Nvidia company (Nasdaq:NVDA) to develop Olympus platforman open, AI-driven electric vehicle (EV) platform.
The strategic partnership leverages Nvidia’s advanced computing solutions, including the DRIVE AGX Orin platform and Nvidia Inception software, to create a new protocol for designing and deploying AI models in electric vehicles.
The Olympus EV platform launches a modular approach to hardware and software engineering for electric vehicles.
Read also: Meta plans to have Ray-Ban display-equipped sunglasses by 2025: FT
Developers can easily access the vehicle’s open standard operating system and cloud and deploy machine learning models and applications.
The Olympus platform aims to deliver real-time physical sensing and simulation systems, real-time crash test simulation and safety analysis, predictive safety protocols, modular vehicle configurations for rapid manufacturing and supply chain manufacturing, and AI-driven configurable cockpit systems.
Last week companies They announced their partnership To develop advanced electric vehicles powered by Nvidia’s DRIVE AGX Orin platform.
Nvidia stock is up 190% year to date, fueled by the AI craze.
Wedbush Dan Ives predicts Next $1 trillion In investing AI capital from major technology companies and startups to significantly boost Nvidia’s position. He noted that every dollar paid on an Nvidia GPU translates into a multiplier of between $8 and $10 in the technology sector.
Investors can learn about Nvidia through Van Eck Semiconductor Corporation (Nasdaq:Name it) and Fidelity MSCI Information Technology ETF (New York Stock Exchange:Your boy).
Price action: NVDA stock was trading down 0.20% at $139.40 in the premarket at last check on Tuesday.
Read also:
Image via company
Next: Transform your trading with unique market trading ideas and tools from Benzinga Edge. Click now to access unique insights That can put you ahead in today’s competitive market.
Get the latest stock analysis from Benzinga?
This article Nvidia’s advanced AI technology powers Olympian Motors’ new electric vehicle platform Originally appeared on Benzinga.com
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
https://media.zenfs.com/en/Benzinga/aa1117ff144d03835938f91295d073da
Source link