logo
Gatik Unveils Arena™: Next-Generation Simulation Platform to Accelerate Commercialization of Its Autonomous Trucking Solution, Built on NVIDIA Cosmos

Gatik Unveils Arena™: Next-Generation Simulation Platform to Accelerate Commercialization of Its Autonomous Trucking Solution, Built on NVIDIA Cosmos

Business Wire29-07-2025
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)-- Gatik, the leader in autonomous freight for regional logistics networks, today announced Gatik Arena™, its next-generation simulation platform designed to accelerate the development and validation of autonomous vehicle (AV) systems. Built in-house and fine-tuned to Gatik's operational and technical needs, Arena™ produces photorealistic, structured, and controllable synthetic data that directly addresses the limitations of traditional real-world data collection.
Built in-house and fine-tuned to Gatik's operational and technical needs, Arena™ produces photorealistic, structured, and controllable synthetic data that directly addresses the limitations of traditional real-world data collection.
Share
As Gatik scales Freight-Only (driverless) operations in 2025, Arena™ will enable safe and efficient training for its autonomous systems on a wide range of driving scenarios - from routine tasks to rare edge cases - reducing reliance on on-road testing and accelerating the safe, cost-effective commercialization of its solution for partners including Kroger (NYSE:KR), Tyson Foods (NYSE:TSN), and Loblaw (TSX:L). To develop this next-generation simulation platform, Gatik is collaborating with NVIDIA to integrate NVIDIA Cosmos World Foundation Models (WFMs), enabling the creation of ultra-high-fidelity, physics-informed digital environments for robust AV training and validation.
Capturing rare events in the real world is expensive, time-consuming, and often unsafe. Arena™ addresses this with high-fidelity synthetic data generation - combining real-world logs, trajectory editing, agent modeling, and multi-sensor simulation pipelines to deliver full closed-loop simulations. The result: scalable, safe, and repeatable AV testing in highly realistic digital worlds.
'As the AV industry pushes toward scaled deployments, the bottleneck isn't just better algorithms - it's better, smarter data,' said Gautam Narang, Gatik's CEO and co-founder. 'Arena™ allows us to simulate the edge cases, rare events, and high-risk scenarios that matter most, with photorealism and fidelity that match the complexities of the real world.'
'NVIDIA Cosmos has been purpose-built to accelerate world model training and accelerate physical AI development for autonomous vehicles,' said Norm Marks, Vice President of Global Automotive, NVIDIA. 'Our collaboration with Gatik unlocks the development of safe, reliable, ultra-high-fidelity digital environments for robust AV training and validation, and is helping to accelerate the commercialization of Gatik's autonomous trucking solution at scale.'
Solving the Data Bottleneck with Simulation-First Development
Traditional fleet testing and data logging cannot provide the scale, diversity, or reproducibility required to validate AV systems comprehensively. Arena™ addresses this challenge through an extensible modular simulation engine that leverages strengths of advanced AI techniques (NeRFs, 3D Gaussian splatting, diffusion models) to enable scaling from quick scenario augmentation to high-fidelity, full-stack simulation - ensuring each component of the autonomy pipeline is trained and validated with the most optimal and resource efficient technique.
Photorealistic Neural Rendering: Leveraging neural techniques like volumetric reconstruction to create high-fidelity simulations from abstract representations such as segmentation maps, LiDAR, and HD maps.
Scenario Editing and Control: Support for modifying real-world logs - adjusting traffic flow, pedestrians, lighting, and road layouts to conduct controlled A/B testing.
Sensor-Accurate Outputs: Multi-modal simulation across camera, LiDAR, and radar to reflect real-world sensor behavior under varied environmental conditions.
Closed-Loop Simulation: Real-time interaction between ego-vehicle decisions and surrounding agents (NPCs), enabling testing of the full autonomy stack in complex interactive environments. This includes modeling vehicle dynamics, policy interactions, and latent scene evolution.
Structured Synthetic Data Generation: Enables scalable, annotation-free data generation for machine learning workflows, regression testing, and safety case validation.
Purpose-Built for Autonomous Driving
Arena™ is engineered with AV-specific needs in mind, including support for difficult-to-collect or safety-critical scenarios such as:
Adverse Weather & Visibility: Rain, fog, snow, low-light, glare, and occlusion impacting perception.
Unpredictable Road Users: Jaywalking pedestrians, weaving cyclists, lane-splitting motorcycles, animals, and erratic drivers.
Challenging Road Geometry: Unprotected turns, faded markings, roundabouts, and poorly marked intersections.
Dynamic Road Changes: Construction, detours, school zones, emergency vehicles, and temporary traffic shifts.
Sensor & Perception Failures: Occluded signs, low-contrast objects, LiDAR noise, reflections, and degraded sensor inputs.
Dense Urban Interactions: High-traffic, mixed road users, double parking, and limited maneuvering space.
By simulating these scenarios with spatiotemporal consistency and sensor-level realism, Arena™ reduces the need for costly, time-intensive on-road testing.
A Strategic Investment in Scalable Safety
Arena™ plays a central role in Gatik's broader simulation-first development strategy. It is tightly integrated with the company's autonomy stack and live safety case platform, allowing AV teams to validate behavior, assess system robustness, and close safety assurance gaps with unmatched efficiency.
'With Arena™, we're reimagining simulation not just as a testing tool, but as a core enabler of safe, scalable autonomy,' said Gautam Narang. 'It gives us the control, realism, and flexibility we need to rapidly build confidence in our systems - and do so without compromising safety or time-to-market.'
Today's announcement builds on Gatik's ongoing collaboration with NVIDIA. Earlier in 2025, the two companies announced that Gatik will use NVIDIA DRIVE AGX accelerated by the DRIVE Thor system-on-a-chip running the NVIDIA DriveOS automotive operating system in the company's next-generation autonomous trucks.
About Gatik
Gatik AI Inc., the leader in autonomous freight for regional logistics networks, is revolutionizing B2B supply chains by enabling safe, consistent, high-frequency freight movement. Gatik's AI-Driven Autonomy is transforming regional logistics for Fortune 500 retailers, and in 2021 the company launched the world's first driverless commercial transportation service. Gatik's autonomous trucks are commercially deployed in multiple markets including Texas, Arkansas, Arizona, and Ontario. Gatik partners with industry leaders including Isuzu Motors, NVIDIA, Cummins, Ryder, and Goodyear. Founded in 2017 by veterans of the autonomous technology industry, the company has offices in Mountain View, Dallas-Fort Worth, Phoenix, Bentonville and Toronto.
Safe Harbor Statement
This press release contains forward-looking statements, including but not limited to, statements regarding future business strategies, plans, objectives, and anticipated performance. These forward-looking statements are based on the current expectations and beliefs of Gatik and are subject to various risks, uncertainties, and assumptions that could cause actual results to differ materially from those expressed or implied in such statements.
Factors that could impact these forward-looking statements include, but are not limited to, changes in market conditions, economic factors, competitive dynamics, regulatory developments, and unforeseen operational challenges. Gatik undertakes no obligation to update or revise any forward-looking statements to reflect new information, future events, or otherwise, except as required by law.
Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this release.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

CubeSmart Announces Pricing of 5.125% Senior Unsecured Notes Due 2035
CubeSmart Announces Pricing of 5.125% Senior Unsecured Notes Due 2035

Yahoo

time14 minutes ago

  • Yahoo

CubeSmart Announces Pricing of 5.125% Senior Unsecured Notes Due 2035

MALVERN, Pa., Aug. 11, 2025 (GLOBE NEWSWIRE) -- CubeSmart (NYSE: CUBE) (the 'Company' or 'CubeSmart'), the third-largest owner and operator of self-storage properties in the United States, today announced that its operating partnership, CubeSmart, L.P. (the 'Operating Partnership'), priced an offering of $450.0 million aggregate principal amount of 5.125% senior unsecured notes due 2035 (the 'Notes') in an underwritten public offering. The Notes were priced at 98.656% of the principal amount with a yield to maturity of 5.295%. The Notes will be fully and unconditionally guaranteed by CubeSmart. The offering is expected to close on August 20, 2025, subject to the satisfaction of customary closing conditions. The Operating Partnership expects to use the net proceeds from this offering to repay outstanding indebtedness under its unsecured revolving credit facility and for working capital and other general corporate purposes, which may include repayment or repurchase of certain of the Operating Partnership's other outstanding indebtedness. Wells Fargo Securities, BofA Securities and PNC Capital Markets LLC are acting as joint book-running managers for the offering. Regions Securities LLC and US Bancorp are acting as senior co-managers for the offering. Barclays, BMO Capital Markets, Citizens JMP Securities, LLC, Goldman Sachs & Co. LLC and Truist Securities are acting as co-managers for the offering. This offering will be made under CubeSmart's existing automatic shelf registration statement filed with the Securities and Exchange Commission (the 'SEC') on March 3, 2023. The offering of the Notes will be made only by means of a prospectus and a related prospectus supplement, when available. The prospectus supplement related to this public offering and accompanying prospectus will be filed with the SEC. Copies of the prospectus and related prospectus supplement for this offering may be obtained by contacting: Wells Fargo Securities, LLC, by email at wfscustomerservice@ or by calling toll-free at 1-800-645-3751; PNC Capital Markets LLC, by email at pnccmprospectus@ or by calling toll-free at 1-855-881-0697; or BofA Securities, Inc., by calling toll-free at 1-800-294-1322. This press release shall not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About CubeSmart CubeSmart is a self-administered and self-managed real estate investment trust. As of June 30, 2025, CubeSmart owned or managed 1,532 self-storage properties across the United States. According to the 2025 Self Storage Almanac, CubeSmart is one of the top three owners and operators of self-storage properties in the U.S. The Company's mission is to simplify the organizational and logistical challenges created by the many life events and business needs of its customers through innovative solutions, unparalleled service, and genuine care. The Company's self-storage properties are designed to offer affordable, easily accessible, and, in most locations, climate-controlled storage space for residential and commercial customers. Forward-Looking Statements This press release may contain certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements include statements concerning our plans, objectives, goals, strategies, future events, future revenues or performance, capital expenditures, financing needs, plans or intentions relating to acquisitions and other information that is not historical information. In some cases, forward-looking statements can be identified by terminology such as 'believes,' 'expects,' 'estimates,' 'may,' 'will,' 'should,' 'anticipates,' or 'intends' or the negative of such terms or other comparable terminology, or by discussions of strategy. Such statements are based on assumptions and expectations that may not be realized and are inherently subject to risks, uncertainties and other factors, many of which cannot be predicted with accuracy and some of which might not even be anticipated. Although we believe the expectations reflected in these forward-looking statements are based on reasonable assumptions, future events and actual results, performance, transactions or achievements, financial and otherwise, may differ materially from the results, performance, transactions or achievements expressed or implied by the forward-looking statements. As a result, you should not rely on or construe any forward-looking statements in this press release, or which management or persons acting on their behalf may make orally or in writing from time to time, as predictions of future events or as guarantees of future performance. We caution you not to place undue reliance on forward-looking statements, which speak only as of the date of this press release or as of the dates otherwise indicated in such forward-looking statements, as applicable. All of our forward-looking statements, including those contained in this press release, are qualified in their entirety by this statement. There are a number of risks and uncertainties that could cause our actual results to differ materially from the forward-looking statements contained in or contemplated by this press release. Any forward-looking statements should be considered in light of the risks and uncertainties referred to in this press release and our Annual Report on Form 10-K for the year ended December 31, 2024 and subsequent filings with the SEC. These risks include, but are not limited to, the following: the satisfaction of customary closing conditions for an offering of securities; adverse changes in economic conditions in the real estate industry and in the markets in which we own and operate self-storage properties;​ the effect of competition from existing and new self-storage properties and operators on our ability to maintain or raise occupancy and rental rates;​ the failure to execute our business plan;​ adverse consumer impacts and declines in general economic conditions from inflation, tariffs, rising interest rates and wage stagnation including the impact on the demand for self-storage, rental rates and fees and rent collection levels; reduced availability and increased costs of external sources of capital;​ financing risks, including rising interest rates, the risk of over-leverage and the corresponding risk of default on our mortgage and other debt and potential inability to refinance existing or future debt;​ counterparty non-performance related to the use of derivative financial instruments;​ risks related to our ability to maintain our qualification as a real estate investment trust for federal income tax purposes;​ the failure of acquisitions and developments to close on expected terms, or at all, or to perform as expected;​ increases in taxes, fees and assessments from state and local jurisdictions;​ the failure of our joint venture partners to fulfill their obligations to us or their pursuit of actions that are inconsistent with our objectives;​ reductions in asset valuations and related impairment charges;​ negative publicity relating to our business or industry, which could adversely affect our reputation;​ increases in operating costs, including, without limitation, insurance, utility and other general expenses, which could adversely affect our financial results;​ cybersecurity breaches, cyber or ransomware attacks or a failure of our networks, systems or technology, which could adversely impact our business, customer and employee relationships or result in fraudulent payments;​ risks associated with generative artificial intelligence tools and large language models and the conclusions that these tools and models may draw about our business and prospects in connection with the dissemination of negative opinions, characterizations or disinformation; changes in real estate, zoning, use and occupancy laws or regulations;​ risks related to or consequences of earthquakes, hurricanes, windstorms, floods, wildfires, other natural disasters or acts of violence, pandemics, active shooters, terrorism, insurrection or war that impact the markets in which we operate;​ potential environmental and other material liabilities;​ governmental, administrative and executive orders, regulations and laws, which could adversely impact our business operations and customer and employee relationships;​ uninsured or uninsurable losses and the ability to obtain insurance coverage, indemnity or recovery from insurance against risks and losses;​ changes in the availability of and the cost of labor;​ other factors affecting the real estate industry generally or the self-storage industry in particular; and​ other risks identified in the prospectus supplement relating to this offering and in our Annual Report on Form 10-K for the year ended December 31, 2024 and subsequent filings with the SEC.​ Given these uncertainties and risks, readers are cautioned not to place undue reliance on forward-looking statements. Except with respect to such material changes to our risk factors as may be reflected from time to time in our quarterly filings with the SEC or as otherwise required by law, we are under no obligation to, and expressly disclaim any obligation to, publicly update or revise any forward-looking statements included in this press release, whether as a result of new information, future events or otherwise except as may be required by securities laws. Because of the factors referred to above, the future events discussed in this press release may not occur and actual results, performance or achievement could differ materially from those anticipated or implied in the forward-looking statements. Company Contact: Josh SchutzerVice President, Finance(610) 535-5700

SoundHound AI Reports Strongest Ever Quarter, Should You Buy?
SoundHound AI Reports Strongest Ever Quarter, Should You Buy?

Yahoo

timean hour ago

  • Yahoo

SoundHound AI Reports Strongest Ever Quarter, Should You Buy?

SoundHound AI, Inc.'s SOUN shares have declined 31.7% this year, mainly because of competition from the Chinese artificial intelligence (AI) company DeepSeek, which launched its R1 model, and NVIDIA Corporation's NVDA clear plans to expand in the agentic AI space. However, SoundHound AI's shares jumped 26.4% on Friday after the company reported record second-quarter revenues that exceeded Wall Street's expectations. Does this suggest SoundHound AI is set for a bull run, making now a good time to invest in it? Let's look into this more. SoundHound AI Posts Huge Q2 Revenue Increase, Boosts Outlook SoundHound AI's second-quarter revenues jumped 217% year over year to $42.68 million, surpassing Wall Street's estimate of around $32.9 million. The company reduced its loss to 3 cents a share from the previous year's 4 cents. Wall Street analysts had expected an adjusted loss of 5 cents a share. CEO Keyvan Mohajer called it SoundHound AI's 'strongest ever quarter' and mentioned that earlier strategic decisions have led to significant results, driving growth across all business divisions. The automotive division performed notably well, with its voice assistant expected to be integrated into a major original equipment manufacturer (OEM) producing vehicles for both Chinese and global markets. The company increased its full-year outlook due to adding more customers, mainly in China. SoundHound AI now expects total revenues for the year to range from $160 million to $178 million, up from its previous forecast of $157 million to $177 million. Revenues have been steadily increasing, suggesting that it may reach the upper end of its latest sales estimate. More Reasons to Be Bullish on SoundHound AI The worldwide acceptance of AI-powered voice-recognition systems is expected to occur quickly as they continue to improve. Its demand is popping across restaurants, smart devices and automobiles, to name a few. Statista projects the total addressable market for AI-led voice-recognition systems to be $8.6 billion in 2025, and it would likely grow to $15.9 billion by 2030. This gives SoundHound AI a tremendous opportunity to grow. SoundHound AI has a successful business model that generates revenues through monthly subscription services paid by customers. The company is consistently acquiring new customers, leading to expectations of ongoing revenues and more reliable cash inflows. Restaurants such as Casey's General Stores, Inc. CASY and Chipotle Mexican Grill, Inc. CMG are implementing voice automation in response to increasing customer demand, which is advantageous for SoundHound AI. Here's How to Trade SOUN Stock The successful recurring revenue model, the increasing significance of AI-driven voice-recognition technology, and the record revenues achieved in the latest quarter, along with a positive outlook, should motivate SoundHound AI stakeholders to hold their investment for long-term benefits. Brokers are also optimistic about the company's prospects. They predict SOUN stock's average short-term price target at $11.50, reflecting a 7.3% increase from the last closing price of $10.72. The highest target is $18, indicating a potential upside of 67.9%. Image Source: Zacks Investment Research Despite SoundHound AI's solid sales so far, the company isn't profitable. It has a negative net profit margin as it struggles to generate enough revenues to cover its costs. Therefore, it would be wise for new investors to avoid investing in the stock at this time. Image Source: Zacks Investment Research SoundHound AI currently has a Zacks Rank #3 (Hold). You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Chipotle Mexican Grill, Inc. (CMG) : Free Stock Analysis Report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Casey's General Stores, Inc. (CASY) : Free Stock Analysis Report SoundHound AI, Inc. (SOUN) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research

If You'd Invested $1,000 in Pfizer (PFE) Stock 3 Years Ago, Here's How Much You'd Have Today
If You'd Invested $1,000 in Pfizer (PFE) Stock 3 Years Ago, Here's How Much You'd Have Today

Yahoo

timean hour ago

  • Yahoo

If You'd Invested $1,000 in Pfizer (PFE) Stock 3 Years Ago, Here's How Much You'd Have Today

Key Points Those who invested in Pfizer three years ago and hung on are not thrilled. They would have done much better with a simple S&P 500 index fund. Still, Pfizer today offers a fat dividend and plenty of growth potential. 10 stocks we like better than Pfizer › Wondering how well you'd have done if you'd invested in pharmaceutical giant Pfizer (NYSE: PFE) three years ago and hung on? Well, I'm afraid the answer isn't pretty: If you'd investing $1,000 in Pfizer on Aug. 8, 2022, hung on and reinvested dividends, that sum would have been worth $585 on Aug. 8, 2025. Ouch! For some context, during those same three years, the S&P 500 index of 500 of America's biggest companies averaged gains of roughly 17% per year, turning $1,000 into $1,615. Here's some good news, though: Stock investors need to look forward much more than backward. Trailing returns are in the past. What matters most for current Pfizer investors and would-be Pfizer investors is how the company will perform from here on. And Pfizer's future is looking promising. Some investors have been disappointed in Pfizer when they've compared recent results to those from the past. But those past years were exceptional boom years thanks to Pfizer's COVID-19 vaccine and Paxlovid COVID-19 treatment. Those were in great demand, but demand has fallen. Others worry because some of Pfizer's big sellers, such as Eliquis, Ibrance, Inlyta, Xeljanz, Xtandi, and Vyndaqel, are coming off patent protection in the next few years. Pfizer has been planning for that, and investing in its pipeline, which features more than 100 active programs -- many of which are in oncology. Pfizer has also been getting additional approvals for its drugs, and it has been cutting its costs in an effort to boost profitability. Finally, Pfizer is a dividend-paying stock, with a whopping recent dividend yield of 7%. So as you invest in Pfizer and wait for its investments to pay off, you'll be rewarded. Should you invest $1,000 in Pfizer right now? Before you buy stock in Pfizer, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Pfizer wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $653,427!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,119,863!* Now, it's worth noting Stock Advisor's total average return is 1,060% — a market-crushing outperformance compared to 182% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of August 11, 2025 Selena Maranjian has positions in Pfizer. The Motley Fool has positions in and recommends Pfizer. The Motley Fool has a disclosure policy. If You'd Invested $1,000 in Pfizer (PFE) Stock 3 Years Ago, Here's How Much You'd Have Today was originally published by The Motley Fool

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store