Nvidia's Advanced AI Tech Powers Olympian Motors' New Electric Vehicle Platform

On Monday, Olympian Motors announced an expanded collaboration with Nvidia Corp NVDA to develop the Olympus Platform, an 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 to EVs.

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 OS and cloud and deploy machine learning models and applications.

The Olympus Platform targets the launch of real-time physical sensing and simulation systems, crash-test simulations and real-time safety analysis, predictive safety protocols, modular vehicle configurations for rapid manufacturing and supply chain, and configurable AI-driven cockpit systems.

Last week, the companies announced their partnership to develop advanced electric vehicles powered by Nvidia’s DRIVE AGX Orin platform.

Nvidia stock surged 190% year-to-date, backed by the AI frenzy.

Wedbush’s Dan Ives expects the upcoming $1 trillion in AI capital investment from Big Techs and startups to significantly boost Nvidia’s position. He noted that every $1 paid on an Nvidia GPU translates into a $8-$10 multiplier across the tech sector.

Investors can gain exposure to Nvidia through VanEck Semiconductor ETF SMH and Fidelity MSCI Information Technology Index ETF FTEC.

Price Action: NVDA stock traded lower by 0.20% to $139.40 premarket at the last check on Tuesday.

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