Nvidia-Linked Stocks Soar; Aurora Soars 41%; Innoviz up 31%; Arbe Robotics up 21%

Tiger Newspress
01-07

Nvidia-Linked stocks soared in Tuesday trading; Aurora Innovation stock soared 41%, Innoviz Technologies Ltd. up 31%; Arbe Robotics Ltd. up 21%.

Aurora Innovation, Continental, and NVIDIA announced a long-term strategic partnership to deploy driverless trucks at scale, powered by the next-generation NVIDIA DRIVE Thor system-on-a-chip (SoC). NVIDIA’s DRIVE Thor and DriveOS will be integrated into the Aurora Driver, an SAE L4 autonomous driving system that Continental plans to mass-manufacture in 2027.

Arbe Robotics Ltd. said it was working on artificial-intelligence technology with Nvidia.

Arbe plans in integrating its high-resolution radar with the Nvidia's Drive Agx in-vehicle computing platform for radar-based free space mapping, for use with hands-free driving and real-time safety applications.

Innoviz Technologies Ltd. said Tuesday it has developed new autonomous driving sensor technologies running on Nvidia's (NVDA) DRIVE AGX Orin platform.

The company said its collaboration with Nvidia allows for real-time processing and understanding of a vehicle's environment for object detection, classification and tracking.

Innoviz Chief Executive Omer Keilaf said the innovations will "ensure safer and more reliable systems" for driver assistance and self-driving capabilities.

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