Prediction: This Artificial Intelligence (AI) Company Will Be the Biggest Beneficiary of Self-Driving Vehicles (Hint: It’s Not Tesla)
From Nasdaq: 2025-03-29 18:00:00
Artificial intelligence (AI) is making waves in the automotive industry, from voice-recognition assistants to autonomous driving technology. Nvidia (NASDAQ: NVDA) is a key player in this sector, providing AI services to top automotive companies like General Motors, Toyota, and Mercedes-Benz. Revenue from Nvidia’s automotive segment increased by 55% in 2024, reaching $1.7 billion. The company’s partnership with GM to develop AI-powered solutions for cars signals a growing interest in AI within the automotive industry. Nvidia’s role in advancing AI technology in cars positions it as a top pick for investors looking to capitalize on the future of transportation.
Read more at Nasdaq: Prediction: This Artificial Intelligence (AI) Company Will Be the Biggest Beneficiary of Self-Driving Vehicles (Hint: It’s Not Tesla)