The article discusses the surge in Serve Robotics’ stock price after Nvidia disclosed a stake in the company. Serve Robotics is a robotics startup that develops autonomous sidewalk delivery robots. Nvidia, a leading AI and graphics chip company, revealed a 4.9% stake in Serve Robotics, sending the latter’s shares soaring by as much as 36%. This investment highlights Nvidia’s interest in the robotics and autonomous delivery space, which aligns with its focus on AI and autonomous systems. The article also mentions that Serve Robotics went public through a SPAC merger in March 2023 and has partnerships with companies like Uber and 7-Eleven for last-mile delivery services using its robots. Nvidia’s investment stake is seen as a vote of confidence in Serve Robotics’ technology and growth potential in the rapidly expanding autonomous delivery market.