Nvidia Corp. disclosed on February 14, 2025, through a regulatory filing, that it no longer holds a stake in Serve Robotics Inc. This divestment follows a previous filing on July 18, 2024, which indicated Nvidia held 3.73 million shares, representing an approximate 10% stake in the robotics company.
The exit of a significant institutional investor like Nvidia could be viewed as a negative signal by the market. Nvidia had been an early investor, and its previous stake highlighted confidence in Serve Robotics' AI-robotics mobility platform.
Serve Robotics has developed an AI-robotics mobility platform focused on last-mile delivery in urban areas. The impact of this divestment on Serve Robotics' investor sentiment and strategic partnerships will be closely watched.
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