Aurora Stock Jumps on Autonomous Driving Partnership With Nvidia, Continental

Core Insights - Aurora Innovation's shares surged over 35% following the announcement of a partnership with Nvidia and Continental to develop self-driving trucks [2][5] - The collaboration aims to create the necessary software and hardware for the operation of driverless trucks, with Continental set to begin manufacturing equipment by 2027 [2][5] - Aurora is in the final stages of validating its Aurora Driver system for road use without a driver, which is expected to be applicable for both passenger vehicles and semi-trucks [3] Company Developments - Aurora's CEO, Chris Urmson, emphasized the significance of deploying thousands of driverless trucks, stating that Nvidia's leadership in accelerated computing will enhance their ecosystem and delivery capabilities [3] - Nvidia also announced separate partnerships with Toyota and Uber for driver assistance and self-driving software, indicating a broader strategy in the autonomous vehicle sector [4][5] - Despite Aurora's stock increase, Nvidia's shares fell approximately 5% on the same day, while Uber's shares remained stable [4]