Cyngn Announces Strategic Collaboration With NVIDIA Corporation (NVDA)
NVIDIA Corporation (NASDAQ:NVDA) is one of the 13 Best Long Term Growth Stocks to Invest in Right Now. On June 26, Cyngn announced a strategic collaboration with NVIDIA Corporation (NASDAQ:NVDA) as part of the Automatica 2025 robotics and automation showcase. The collaboration would entail Cyngn leveraging the NVIDIA Isaac robotics platform to power next-generation autonomous vehicle solutions for industrial applications.
Automatica 2025 is a leading trade fair across the globe for robotics and smart automation. It offers a global stage to show the transformational effects of AI-powered solutions on logistics and manufacturing. Lior Tal, CEO of Cyngn, stated the following about the news:
'This collaboration with NVIDIA helps reinforce our mission to build cutting-edge autonomous vehicles that deliver real-world ROI to industrial operators.'
Cyngn's autonomous industrial vehicles are presently operational in commercial environments to elevate throughput, slash labor costs, and improve safety. The vehicles are powered by Cyngn's proprietary DriveMod software and built on NVIDIA Isaac.
Cyngn was chosen amidst a small number of robotics innovators using NVIDIA Isaac technologies to support safe, scalable autonomy across real-world environments.
NVIDIA Corporation (NASDAQ:NVDA) designs and manufactures computer graphics processors, chipsets, and other multimedia software. It operates in the Compute & Networking and Graphics Processing Unit (GPU) segments.
While we acknowledge the potential of NVDA as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
READ NEXT: The Best and Worst Dow Stocks for the Next 12 Months and 10 Unstoppable Stocks That Could Double Your Money.
Disclosure: None.
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