SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Effective Collaboration - Team Research for Better Returns:
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: Julius Wong1/7/2025 7:30:35 AM
1 Recommendation

Recommended By
Return to Sender

   of 8255
 
Aurora soars +50% after unveiling a large-scale driverless truck partnership with Nvidia

Jan. 07, 2025 7:03 AM ET
By: Clark Schultz, SA News Editor

Nikada

Aurora (NASDAQ: AUR) soared in premarket trading on Tuesday after announcing a long-term strategic partnership with Continental ( OTCPK:CTTAF) and Nvidia ( NVDA) to deploy driverless trucks at scale. The collaboration will leverage Nvidia's ( NVDA) next-generation DRIVE Thor system-on-a-chip and DriveOS, which will be integrated into the Aurora Driver, an SAE Level 4 autonomous driving system.

The mass production of the driverless trucks is scheduled for 2027, with the initial service launch planned for April 2025 in Texas. The partnership was called the first in the industry aimed at scaling driverless trucks.

For its part, Aurora (NASDAQ: AUR) is in the final stages of validating the Aurora Driver for driverless operations on public roads. The Aurora Driver is equipped with a powerful computer and sensors, including lidar, radar, and cameras, enabling it to safely operate at highway speeds. Verifiable AI enables the Aurora Driver to quickly adapt to new operating domains while being validated through Aurora's Safety Case, an essential tool for regulatory trust and public acceptance.

“Delivering one driverless truck will be monumental. Deploying thousands will change the way we live,” stated Chris Urmson, CEO and co-founder at Aurora. "NVIDIA is the market leader in accelerated computing, and they’ll strengthen our ecosystem of partners and our ability to deliver safe and reliable driverless trucks to our customers at scale," he added.

Shares of Aurora ( AUR) shot up 53.3% in premarket trading on Tuesday to $9.96. The stock has not traded over $10 per share since 2022.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News