On Monday, Olympian Motors announced an expanded partnership with Nvidia Corp (NASDAQ:NVDA) to the Olympus platforman open, modular, artificial intelligence-powered electric vehicle (EV) platform.
The strategic partnership leverages Nvidia’s advanced computing solutions, including the DRIVE AGX Orin platform and the Nvidia Inception Program, to create a new protocol for designing and deploying AI models on electric vehicles.
The Olympus EV Platform launches a modular approach to EV hardware and software architecture.
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Developers can easily access the open, modular vehicle control system and the cloud and deploy machine learning models and applications.
The Olympus Platform focuses on launching real-time physical sensing and simulation systems, crash test simulations and real-time safety analytics, predictive safety protocols, modular vehicle configurations for rapid manufacturing and supply chain, and configurable AI-powered cockpit systems.
Last week, the companies announced their partnership to develop advanced electric vehicles powered by Nvidia’s DRIVE AGX Orin platform.
Nvidia shares are up 190% this year, buoyed by the AI frenzy.
from Wedbush Dan Ives expects that the next $1 trillion in AI capital investments from Big Techs and startups will significantly strengthen Nvidia’s position. He noted that every $1 paid on an Nvidia GPU translates into an $8-$10 multiplier across the technology sector.
Investors can gain exposure to Nvidia through VanEck Semiconductor ETF (NASDAQ:SMH) and Fidelity MSCI Information Technology Index ETF (NYSE:FTEC).
Price promotion: NVDA shares were trading 0.20% lower at $139.40 premarket at last check on Tuesday.
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This article Nvidia’s Advanced AI Tech Enables Olympian Motors’ New Electric Vehicle Platform originally appeared on Benzinga.com
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