Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Shivani Kumaresan

Kroger Partners With NVIDIA For AI Services

  • Kroger Co (NYSE:KR) has entered into a strategic collaboration with NVIDIA Corp (NASDAQ:NVDA) for Artificial Intelligence-enabled applications and services.
  • The parties will build a state-of-art AI lab and demonstration center to expand Kroger's freshness initiatives and improve shipping logistics.
  • The lab will be located in Kroger's Cincinnati-based headquarters office. It will use NVIDIA AI Enterprise software for retail, Omniverse Enterprise for digital twin simulations, and cuOpt for logistics.
  • The initial installation will use nine NVIDIA DGX A100 systems, InfiniBand networking, and RTX workstations to gather insights on the grocer's nearly 2,800 stores across the U.S.
  • Price Action: KR shares are trading higher by 1.63% at $56.59, and NVDA lower by 0.50% at $266.00 on the last check Tuesday.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.