SES AI rallies after announcing collaboration with Nvidia, Supermicro

SES AI (SES) announced an initiative to accelerate material discovery in electric transportation. “By mapping the universe of small molecules using a cutting-edge supercomputer optimized for artificial intelligence, this pioneering project aims to revolutionize the understanding of battery chemistry, enhance energy storage solutions, and advance energy efficient technology,” the company said in a statement. SES AI will leverage Crusoe’s AI cloud platform, powered by Nvidia (NVDA) and Supermicro (SMCI). “By collaborating with Crusoe, Nvidia, and Supermicro, we combine cutting-edge AI with sustainable computing infrastructure to drive breakthroughs in battery innovation. This project embodies our commitment to sustainability and technological advancement,” stated Qichao Hu, CEO of SES AI. Shares of SES AI are up 27%, or 27c, to $1.30 in premarket trading.