On Thursday (October 23), Nvidia announced that it is collaborating with Uber on the development of self-driving cars. Uber's stock price rose 3.5% on the day. NVIDIA released a message on the social media X platform, detailing how the two companies will work together to advance the development of autonomous driving technology.
According to Nvidia, the focus of this cooperation is to use the large amount of real driving data collected by Uber from various scenarios, including airport pickups, complex intersections, and different weather conditions, to train Nvidia's Cosmos World basic model.
NVIDIA will use its DGX Cloud infrastructure to accelerate development. This cooperation marks the two companies' continued commitment to maintaining a leading position in autonomous vehicle technology.
It is reported that the cooperation aims to achieve three major technical goals: first, to achieve higher-precision simulation and significantly reduce abnormal situations; second, to shorten the iteration cycle after model training and support scalable machine learning operation and maintenance (MLOps); third, to make the model performance more stable and reliable in rare or extreme scenarios.
Uber’s data advantage
Uber Technologies Inc. is a provider of technology services that matches passengers with drivers, food ordering customers with restaurants and delivery people, and shippers with carriers. The company's on-demand delivery technology platform is currently used not only in traditional cars but also in autonomous vehicles, but may be used in more products and services in the future, such as delivery via drones or transportation using electronic vehicle take-off and landing technology (eVTOL).
Currently, Uber operates in more than 70 countries and has more than 180 million users. The company's market value currently reaches US$196.91 billion. It is an influential company in the technology field, especially in the software industry. Its strategic positioning and large user base provide it with a strong platform for growth and innovation.
After Nvidia issued a cooperation announcement, Uber's stock price climbed to an intraday high on Thursday afternoon, rising as much as 3.5%, and then narrowed its gains.
The positive market response suggests that investors view the partnership as a valuable strategic move that strengthens Uber's competitive position in the changing transportation landscape.