NVIDIA Corporation (NASDAQ:NVDA) is among the 10 Best Money Making Stocks to Invest In. The company has recently launched a joint research lab in the UAE, in partnership with Abu Dhabi’s Technology Innovation Institute (TII), to focus on the development of next-gen AI models and robotics platforms.
This is the company’s first AI Technology Center in the Middle East. According to a statement by TII, the joint research hub will combine the institute’s multidisciplinary research with NVIDIA Corporation (NASDAQ:NVDA)’s AI models and computing power.
Under the agreement, TII, which is working on four-legged robots, humanoids, and robotic arms, will be able to leverage specific edge GPU chips for its research on robotics and other areas.
The TII has been working closely with NVIDIA Corporation (NASDAQ:NVDA) for some time now, according to the institute’s CEO Najwa Aaraj, and has used the American company’s chips to train its own language models.
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