Hyundai Motor announces strategic partnership with Nvidia

Hyundai Motor (HYMTF) announced a strategic partnership with Nvidia (NVDA) to accelerate the development of advanced AI technologies to drive the future of mobility. “As part of the agreement, Hyundai Motor Group will harness Nvidia accelerated computing and AI Enterprise software to help manage the massive amounts of data required to safely develop and train its AI models for various applications. The Group will also utilize the Nvidia Omniverse platform to develop physical AI and digital twin applications to simulate its factories, helping improve manufacturing efficiencies and quality, and streamline costs. In addition, the Group will use the Nvidia Isaac robot development platform to develop and safely deploy AI robots. Both parties will also work closely to create virtual simulation environments for safe and reliable autonomous driving technology and robotics systems… Starting with these initiatives, the partnership aims to drive the development of groundbreaking innovations going forward, with more to be announced at a later date,” the companies stated.