Aurora Innovation, Inc. (NASDAQ:AUR) shares are trading higher premarket on Tuesday. On Monday, the company inked a long-term partnership with NVIDIA Corporation (NASDAQ:NVDA) and Continental AG (OTC:CTTAF) to scale driverless trucks using NVIDIA’s next-gen DRIVE Thor SoC.
Continental AG's planned spinoff of its automotive unit will make the business more nimble as it adapts to shorter vehicle development cycles and increased competition, executives said.
Strip District-headquartered Aurora Innovation Inc. announced a long-term strategic partnership with manufacturer Continental and chipmaker Nvidia to build self-driving systems for trucks at scale.
Aurora, Continental, and NVIDIA announced a strategic partnership to deploy driverless trucks at scale, powered by the next-gen NVIDIA DRIVE Thor system-on-a-chip.
Aurora Innovation's shares rose 35% on Tuesday after the self-driving technology developer announced a long-term deal with Nvidia and Germany's Continental to deploy driverless trucks.
The strategic agreement, revealed during the CES 2025 event in Las Vegas, features AI computing leader Nvidia and car parts giant Continental. Nvidia’s "DRIVE Thor" and "DriveOS" systems are set to be integrated with the Aurora Driver system, with the “Level 4” self-driving technology currently slated for mass production in 2027.
After disclosing a strategic deal with Nvidia ( NVDA, Financials) and Continental AG ( CTTAF, Financials ), Aurora Innovation ( AUR, Financials) shares soared 36.5% to $8.87 in premarket trade on Tuesday. Coordinated initiatives seek to boost the adoption of driverless cars.
Kepler Cheuvreux upgraded Continental AG (CTTAY) to Buy from Hold with a price target of EUR 80, up from EUR 60. The company’s “complete
US artificial intelligence (AI) chipmaker Nvidia Corp announced a partnership with three international mobility companies on Tuesday to build fleets of vehicles operating on Nvidia technology. The mobility companies are Japanese carmkaing giant Toyota Motor Corp,
Aurora, 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). According
Aurora partners with NVIDIA and Continental to scale driverless trucks, using NVIDIA’s DRIVE Thor SoC. Aurora Driver targets April 2025 launch in Texas; Continental to mass-produce systems ...
Nvidia 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.