(SeaPRwire) – By: Oliver Hawthorne
Nvidia’s stock took a 1% premarket hit on Wednesday, reversing part of Tuesday’s 2% rally that buoyed the broader chip sector. The stock has surged nearly 25% over the past year but is down 1% this month, burdened by competition and chip pricing concerns. Meanwhile, Wednesday looms as a critical day for tech: Alphabet is set to report earnings, and investors are hanging on those results for clues about AI infrastructure spending—directly impacting Nvidia’s business.
Nvidia opened Wednesday around $171, with premarket pressure building ahead of Alphabet’s earnings release. On the same morning, Nvidia and Alphabet announced a partnership with Microagi, a German data-robotics startup that just closed a $55 million seed round. Microagi will leverage Google Cloud and Nvidia’s Blackwell platform to train AI models for robots. No financial terms were disclosed.
Microagi collects real-world training footage from over a dozen countries and advises companies on deploying robots in factories. Under the deal, Microagi will use Google Cloud to speed up AI model development for robots to interact with their physical environment. It will scale that training workload using Nvidia’s Blackwell platform for commercial and industrial use. Tobias Halloran, Nvidia’s director of AI startups in EMEA, noted, “Robotics is one of the most demanding frontiers for AI, needing massive datasets, accelerated compute, and a full-stack platform.”
Google views the Microagi deal as a push to win cloud business from European AI startups. Intense competition in Europe sees Chinese tech giants like Alibaba expanding aggressively, and European robotics firms have attracted Chinese investment. Marianne Janik, Google Cloud’s vice president for northern Europe, called the deal an “ecosystem play,” but stressed no data exchange with Microagi. Google DeepMind already partners with robot hardware makers like Apptronik and Boston Dynamics. The Microagi tie-up extends Google’s reach to software and data sides of the robotics stack.
With Alphabet’s earnings due after market close, all eyes are on Google’s stance on AI capital expenditure. The commercial loop here is clear: tech titans are jostling for position in the burgeoning robotics AI market. Who secures the most partnerships and access to data will likely lead in this space. The end-game? A battle for dominance in an AI-driven robotics future where compute power and data are king.
Author bio: Oliver Hawthorne, Principal Correspondent at an international technology review, specializing in AI and hardware ecosystem dynamics.