Overview

• Serve Robotics' stock surged up to 241% following Nvidia's investment disclosure.
• Nvidia converted a $3.7 million convertible debt note into a 10% equity stake in Serve Robotics.
• Serve Robotics specializes in self-driving delivery vehicles for last-mile logistics.
• The company was spun off from Uber in 2021 and operates primarily in Los Angeles.
• Serve Robotics aims to expand its operations to San Diego, Dallas, and Vancouver.