South Korea's Hyundai Motor and Nvidia on Thursday announced a strategic partnership to accelerate the development of advanced AI technologies to drive the future of mobile mobility.

According to a statement, Hyundai will utilize Nvidia's accelerated computing and AI Enterprise software to help manage massive amounts of data in order to safely develop and train AI models for various applications.

Hyundai will also utilize Nvidia's Omniverse platform to develop physical AI and digital twin applications to simulate its factories to help improve productivity and quality and streamline costs.

In addition, Hyundai will utilize the NVIDIA Isaac Sim robotics development platform to develop and safely deploy AI robots.

As part of the agreement, the two companies will also work closely together to create virtual simulation environments for self-driving technology and robotic systems.