NVIDIA Corporation (NVDA), Abu Dhabi’s Technology Innovation Institute Launch Joint AI and Robotics Lab in UAE

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.

NVIDIA Corporation (NVDA), Abu Dhabi’s Technology Innovation Institute Launch Joint AI and Robotics Lab in UAE

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.

While we acknowledge the risk and potential of NVDA as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than NVDA and that has 10,000% upside potential, check out our report about this cheapest AI stock.

READ NEXT: Renaissance Technologies Portfolio: 10 Biggest Stocks and 12 Best Defense Stocks to Buy Right Now.

Disclosure: None.