Hyundai Motor Group (South Korea) - Press Release: Hyundai Motor Group (the Group) today announced a strategic partnership with NVIDIA to accelerate the development of advanced AI technologies to drive the future of mobility.

In the AI era, Hyundai Motor Group is driving innovation through strategic AI integration, positioning itself at the forefront of smart mobility solutions. The Group operates a variety of AI initiatives and through this partnership aims to further enhance the application of intelligence to its core mobility products, such as software-defined vehicles and robotics, and across its business operations.

"Hyundai Motor Group is exploring innovative approaches with AI technologies in various fields such as robotics, autonomous driving, and smart factory. This partnership is set to accelerate our progress, positioning the Group as a frontrunner in driving AI-empowered mobility innovation." - Heung-Soo Kim, Executive Vice President and Head of Global Strategy Office at Hyundai Motor Group.

As part of the agreement, Hyundai Motor Group will harness NVIDIA accelerated computing and AI Enterprise software to help manage the massive amounts of data required to safely develop and train its AI models for various applications.

The Group will also utilize the NVIDIA Omniverse platform to develop physical AI and digital twin applications to simulate its factories, helping improve manufacturing efficiencies and quality, and streamline costs. In addition, the Group will use the NVIDIA Isaac robot development platform to develop and safely deploy AI robots.

Both parties will also work closely to create virtual simulation environments for safe and reliable autonomous driving technology and robotics systems.

"Accelerated computing, generative AI, and Omniverse are unlocking a new era of mobility. This partnership will drive the creation of safer, more intelligent vehicles, supercharge manufacturing with greater efficiency and quality, and deploy cutting-edge robotics to help build a smarter, more connected digital workplace." - Rishi Dhall, Vice President of Automotive at NVIDIA.

Starting with these initiatives, the partnership aims to drive the development of groundbreaking innovations going forward, with more to be announced at a later date.