Google (GOOG) and NVIDIA Start Open Automotive Alliance
Shares of Google Inc. (GOOG) closed up +12.32 or +1.11 percent on Monday, after the company announced it was partnering with chip-maker NVIDIA Corporation (NVDA) and four major automakers to form the Open Automotive Alliance. Google stock was up an additional +5.56 or +0.50% to $1,122.88 per share in pre-market trading this morning.
Mountain View, California based Google Inc. is an international Internet corporation best known for its search engine, but also includes a number of other Internet related products and services. The company has been branching out into other fields through acquisitions, with the purchase of Boston Dynamics, a robotics company, being its latest. The Open Automotive Alliance is Googleâ s bid against Apple Inc.â s (APPL
Published on Jan 7, 2014
By Jay Hawk