US Stock Market Move | Uber Technologies, Inc. (UBER.US) rose more than 5% on news of a partnership with NVIDIA Corporation to launch a fleet of L4 level autonomous driving vehicles by 2027.

On Tuesday, Uber Technologies, Inc. (UBER.US) rose more than 5% to $78.75. On the news front, on March 16th, NVIDIA Corporation and Uber Technologies, Inc. announced plans to deploy a fleet of self-driving taxis in the first half of 2027 in Los Angeles and the San Francisco Bay Area in the United States. As the technology architecture matures, the network is expected to rapidly expand to 28 core cities across four continents by 2028, with the goal of eventually deploying over 100,000 L4 level self-driving vehicles with NVIDIA Corporation's cutting-edge AI technology on the Uber Technologies, Inc. platform. NVIDIA Corporation CEO Jensen Huang emphasized, "The autonomous vehicle revolution is here - the first breakthrough in the trillion-dollar Siasun Robot & Automation industry. Through NVIDIA Corporation's Hyperion platform and Alpamayo open-ended inference model, we give vehicles three core abilities: precise perception of the surrounding environment, intelligent reasoning of complex scenarios, and safe execution of driving decisions - laying the technical foundation for scalable L4 self-driving."