Stock Track | PATEO Soars 13.93% Intraday on Deep Collaborations with NVIDIA and Leading EV Maker

Stock Track04-24

PATEO's stock surged 13.93% during intraday trading on Friday, reflecting significant investor optimism following major strategic announcements.

The rally was driven by the company's announcement of a series of deep collaborations with a leading OEM new energy vehicle manufacturer and NVIDIA. PATEO will develop vehicle-side large model solutions based on the NVIDIA DRIVE AGX Thor accelerated computing platform, positioning it as the first AI application company globally with integrated hardware-software capabilities to cooperate with the chip giant on mass production cases.

Additionally, PATEO received a project designation from the leading OEM for its new-generation intelligent vehicle model, representing the world's first commercial AI application case where PATEO leads the provision of integrated AI BOX solutions. The company is also exploring cutting-edge scenarios including "Physical AI," "AI Agents," and "Emotional AI Agents," while pioneering innovative business models like computing power subscriptions and vehicle-side token billing.

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