Chipmaker Nvidia (NVDA) is ramping up its focus on industrial AI and robotics through its Omniverse platform and its new Mega framework, which is designed to create digital twins for real-world applications. As part of this effort, the company has invested in MetAI, a Taiwanese startup that quickly transforms CAD files into “SimReady” 3D digital twin environments in minutes. The $4 million seed round marks Nvidia’s first backing of a Taiwanese company.
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MetAI specializes in building AI-powered digital twins for sectors like semiconductor manufacturing and smart warehouses. Co-founders Daniel Yu and Renton Hsu created the startup to address the long development times that hinder AI deployment. Their platform generates synthetic data and builds realistic virtual environments to train and validate AI systems like robotics.
The startup’s partnerships, which include a collaboration with Kenmec to create digital twins for automated warehouses, have already cut simulation times from thousands of hours to just three minutes. With the new funding, MetAI plans to expand its R&D team, open a U.S. office, and boost its go-to-market strategy. Yu believes that the U.S. market has a lot of potential due to rising labor costs and demand for efficient simulation solutions, while Taiwan continues to serve as a testing ground for scaling its industrial AI innovations.
Is NVDA a Good Stock to Buy?
Overall, analysts remain bullish on NVDA stock, with a Strong Buy consensus rating based on 36 Buys and three Holds assigned in the past three months. After a 142% rally in its share price over the past year, the average NVDA price target of $177.63 per share implies an upside potential of 30.2% from current levels.