Nvidia-Linked Shares Shine. Cyngn up 4.8%; Serve Robotics up 2.2%; Nebius, CoreWeave up More Than 1%

Tiger Newspress
30 Jun

Nvidia-linked shares shined in premarket trading. Cyngn up 4.8%; Serve Robotics up 2.2%; Nebius, CoreWeave up more than 1%; Arbe Robotics up 0.6%.

Cyngn

Cyngn said last Thursday it is partnering with Nvidia to use its robotics platform for developing autonomous vehicle services for industrial applications.

Cyngn rocketed over 171% on the news. Cyngn's autonomous industrial vehicles, built on Nvidia Isaac, are currently operating in commercial environments, the company said.

Nvidia Isaac is an AI-driven platform to helps develop and deploy autonomous robots for industrial and commercial use.

Nebius

Earlier on June 11, Nebius announced the general availability of NVIDIA’s GB200 Grace Blackwell Superchip capacity for its customers in Europe. This marked a significant step in Nebius’ mission to build a comprehensive AI infrastructure globally, accelerating AI innovation at scale.

Nebius announced it was planning to deploy thousands of the Nvidia Blackwell Ultra GPUs – aka B300s – earlier this month, but didn’t reveal where they would be hosted.

The deployment is expected to be operational by Q4 2025. Ark said the site will include on-site power generation.

With the addition of the UK, Nebius will eventually operate seven AI clusters in six countries across Europe, the US, and the Middle East. Three are currently live across Finland, the US, and France.

CoreWeave

CoreWeave, the first cloud provider to make NVIDIA Grace Blackwell generally available, has already shown incredible results in MLPerf benchmarks with NVIDIA GB200 NVL72 — a powerful rack-scale accelerated computing platform designed for reasoning and AI agents. Now, CoreWeave customers are gaining access to thousands of NVIDIA Blackwell GPUs.

“We work closely with NVIDIA to quickly deliver to customers the latest and most powerful solutions for training AI models and serving inference,” said Mike Intrator, CEO of CoreWeave. “With new Grace Blackwell rack-scale systems in hand, many of our customers will be the first to see the benefits and performance of AI innovators operating at scale.”

Arbe Robotics Ltd.

Arbe Robotics grabbed attention at CES 2025 when it unveiled its ultra-high-definition radar tech. The company offers perception radar systems to car makers, enabling driver-assistance systems that will eventually lead to full self-driving.

Like many other companies, Arbe will also utilize Nvidia’s Drive AGX computing platform. It will work in tandem with the company’s free-space mapping technology, using AI to deliver autonomous driving and real-time safety applications. This integration was also mentioned by the company in its press release:

Arbe's high-resolution radar integrates with the NVIDIA DRIVE AGX in-vehicle computing platform to revolutionize radar-based free space mapping.

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