Latest news with #NvidiaIsaac
Time of India
26-06-2025
- Automotive
- Time of India
Nvidia's 'one line' has led to almost 500% jump in this technology company's stock, biggest single-day surge of 2025 on Wall Street
FILE - (AP Photo/Chiang Ying-ying, File) Cyngn Inc, a little-known industrial robotics company, has captured Wall Street's attention with a staggering 483% single-day stock surge on Thursday (June 26), skyrocketing from $5 to over $29.25 in just 15 minutes of trading. The catalyst? A subtle nod from Nvidia CEO Jensen Huang in a developer blog post that sent trading volume soaring past 44 million shares -- exceeding the stock's entire 2025 volume combined. The frenzy began Tuesday when Nvidia's blog highlighted Cyngn as a key player among robotics innovators using its AI-powered Nvidia Isaac platform for safe, scalable automation in dynamic environments. What is the Nvidia deal all about The mention, part of a press release during the Automatica 2025 robotics event, marked Cyngn's first appearance on Nvidia's official site. While the market initially slept on the news, momentum built late Wednesday, erupting into Thursday's explosive rally. The collaboration highlights how Cyngn is leveraging the Nvidia Isaac robotics platform to power next-generation autonomous vehicle solutions for industrial applications. 'Cyngn Inc. today announced its collaboration with Nvidia as part of the Automatica 2025 robotics and automation showcase. As featured in NVIDIA's recent blog post, Cyngn was selected among a handful of robotics innovators using NVIDIA Isaac technologies to accelerate safe, scalable autonomy across dynamic, real-world environments.' Cyngn, based in Mountain View, California, specializes in its DriveMod technology, which transforms industrial vehicles like forklifts and tuggers into autonomous mobile robots (AMRs) capable of handling loads up to 12,000 pounds. Requiring no infrastructure changes, DriveMod targets warehouses, factories, and outdoor industrial zones, offering cost-effective automation solutions. The company's integration of Nvidia Isaac enhances its robots' ability to make real-time decisions in complex settings, earning it credibility as a robotics 'leader' in Nvidia's eyes. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like 이걸 발견한 후로 다른 모든 게임을 하지 않게 됐어요! 레이드 섀도우 레전드 설치하기 Undo From 100% drop in stock to 500% jump This sudden spotlight contrasts sharply with Cyngn's struggles. The company, public since 2021, reported just $368,000 in revenue for 2024 and $47,000 in Q1 2025, missing analyst estimates for four consecutive quarters. Its stock plummeted 100% over the past year, narrowly regaining Nasdaq compliance in March 2025 after failing to meet the exchange's minimum bid price. Yet, Thursday's rally propelled Cyngn's market cap above $35 million, driven by what traders call Nvidia's 'halo effect'—a phenomenon previously seen with stocks like Navitas Semiconductor, which surged after joining Nvidia's supply chain. AI Masterclass for Students. Upskill Young Ones Today!– Join Now
Yahoo
26-06-2025
- Automotive
- Yahoo
Autonomous Vehicle Solutions Provider Cyngn Stock Soars After Partnering With Nvidia - Here's Why (UPDATED)
Cyngn Inc. (NASDAQ:CYN) stock surged on Thursday after the company announced its partnership with Nvidia Corp. (NASDAQ:NVDA) to showcase its autonomous industrial vehicles at Automatica 2025. Cyngn develops and deploys autonomous vehicle solutions for industrial fleets, primarily in the manufacturing and logistics sectors. The collaboration highlights how Cyngn is leveraging the Nvidia Isaac robotics platform to power next-generation autonomous vehicle solutions for industrial was selected among a few robotics innovators using Nvidia Isaac technologies to accelerate safe, scalable autonomy across dynamic, real-world environments. Automatica 2025 offers a global platform for showcasing how AI-powered solutions are transforming manufacturing and logistics. Cyngn's autonomous industrial vehicles, built on Nvidia Isaac and powered by Cyngn's proprietary DriveMod software, are currently operating in commercial environments to reduce labor costs, increase throughput, and improve safety. Cyngn stock plunged 100% in the last 12 months as it grappled with financial challenges and concerns about its ability to meet Nasdaq's minimum bid price requirement. The company missed the revenue and EPS consensus analyst estimates in the last four quarters. It regained Nasdaq compliance in March 2025. Price Action: CYN stock is up 294.8% at $19.78 as of last check on Thursday. NVDA is up 1.34%. Photo: Shutterstock Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? NVIDIA (NVDA): Free Stock Analysis Report CYNGN (CYN): Free Stock Analysis Report This article Autonomous Vehicle Solutions Provider Cyngn Stock Soars After Partnering With Nvidia - Here's Why (UPDATED) originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hindustan Times
20-05-2025
- Health
- Hindustan Times
Foxconn unveils Nurabot at Computex 2025, AI-powered future for nursing care
At Computex 2025 in Taipei, Nvidia CEO Jensen Huang spotlighted a standout innovation that could reshape the healthcare industry: Nurabot, a collaborative nursing robot developed by Foxconn in partnership with Kawasaki Heavy Industries. Designed to combat nurse burnout and staff shortages, projected to reach 4.5 million globally by 2030, Nurabot is a shining example of how AI and robotics can ease pressure on clinical teams. Field-tested at Taichung Veterans General Hospital (TCVGH), Nurabot helps nurses by automating physically demanding and repetitive tasks, such as delivering medication, transporting specimens, and patrolling wards. With Nvidia's Jetson Orin edge computing platform and Holoscan sensor processing, Nurabot navigates hospital environments efficiently and safely. Virtual training via Nvidia Isaac for Healthcare and Omniverse simulations ensures the robot is well-prepared before real-world deployment. Mobile Finder: Samsung Galaxy S25 Edge launched in India 'In one of our wards, Nurabot delivers wound care kits and health education materials,' said Shu-Fang Liu, deputy director of nursing at TCVGH. 'It saves multiple trips, reduces fatigue, and frees us to focus more on patients.' Foxconn's broader vision for AI-enabled smart hospitals is built on Nvidia's full-stack solution, from data centre to bedside. Using DGX systems at its Hon Hai Super AI Computing Center and the Nvidia NeMo framework, Foxconn has developed FoxBrain, a large language model capable of speech recognition and natural dialogue. It powers Nurabot and supports the CoDoctor AI platform, improving diagnostics in fields like cardiology, oncology, and ophthalmology. Hospitals such as TCVGH, Cardinal Tien, and Baishatun Tung – Mazu Hospital are also benefiting from digital twins, created in Nvidia Omniverse, to design and optimise ward layouts and train robotic assistants in realistic 3D simulations. TCVGH's ongoing trial of Nurabot is already seeing strong results, with plans to deploy dozens more units by year-end. Liu hopes future versions will interact in multiple languages and assist with patient mobility, allowing a single nurse to safely move a patient, where two are typically needed.
