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NVIDIA and LG Group are collaborating to create an AI factory aimed at enhancing AI-driven businesses in robotics, autonomous driving, and data center technologies. This initiative will integrate NVIDIA's AI infrastructure with LG's manufacturing expertise to establish a new standard for smart factories.
Asian tech stocks continued their decline, with SoftBank falling over 7% as investor sentiment towards AI-linked companies soured. The Nasdaq's recent drop has led to significant losses across major tech firms in the region.