Rockwell Automation Reveals Further Collaborations With NVIDIA To Supercharge Development Of Safer And Smarter Industrial AI Mobile Robots
Portfolio Pulse from Benzinga Newsdesk
Rockwell Automation has announced further collaborations with NVIDIA to enhance the development of safer and smarter industrial AI mobile robots. OTTO Motors, a division of Rockwell Automation, will create next-generation autonomous mobile robots using NVIDIA technologies.
June 03, 2024 | 11:02 am
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NVIDIA's collaboration with Rockwell Automation to develop AI mobile robots could strengthen its position in the industrial AI market, potentially driving demand for its technologies.
The collaboration with Rockwell Automation is expected to drive demand for NVIDIA's AI technologies in the industrial sector, leading to a positive short-term impact on its stock price.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Rockwell Automation's collaboration with NVIDIA aims to enhance the development of industrial AI mobile robots, potentially boosting its market position in industrial automation.
The partnership with NVIDIA is likely to enhance Rockwell Automation's product offerings and market position in the industrial automation sector, leading to a positive short-term impact on its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100