Nvidia and Uber Are Backing This $700 Million Artificial Intelligence (AI) Stock. Should You?

Serve Robotics (NASDAQ: SERV) is a developer of autonomous last-mile logistics solutions. The company has a major deal with Uber Technology's (NYSE: UBER) Uber Eats food delivery platform, which will see thousands of its self-driving robots deployed across U.S. cities in 2025.Those robots are built using hardware and software components from Nvidia (NASDAQ: NVDA), which is the world's leading supplier of chips for artificial intelligence (AI) development.But Uber and Nvidia haven't just made deals with Serve. They are also the company's largest shareholders, which means they have a direct stake in its long-term success. With a market capitalization of just $700 million as of this writing, Serve could have incredible upside potential if it executes on its strategy. Here's what you need to know if you're thinking about following Nvidia and Uber into the stock.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool