Serve Robotics (SERV) stock rose Wednesday as the Nvidia-backed last mile delivery company announced a partnership with Shake Shack (SHAK) to deliver the fast-casual chain's food through𒁃 Ub🎶er Eats.

The company behind the delivery robots that roam the streets of San Francisco and Los Angeles said Wednesday that Uber Eats users in L.A. who order from Shake Shack could soon see a Serve robot delivering their meal.

The company has an existing deal with Uber Eats to deploy up to 2,000 delivery robots set to be used on the Uber Eats platform in several markets across the U.S. The Shake Shack deal highlights the company's "world-class strategic partnerships," Chief Operating Officer Touraj Parang said.

Serve Robotics Stock✱ Had Been Trending Lower Since Nvidia Boom

Shares of the former Uber subsidiary 澳洲幸运5官方开奖结果体彩网:received a substantial boost last month when a regulatory filing revealed that artificial intelligence giant Nvidia (NVDA) had taken a roughly 10% stake in the company.

Serve also reported its second-quarter earnings on Tuesday. It said the company is on track to deploy 250 more robots throughout Los Angeles by the end of the first quarter of 2025, positioning it to fulfill its 2,000-robot commitment to Uber Eats in the coming years.

Serve shares have trended l🍌ower since the Nvidia-fueled boom that peaked around $20 in late July, but the🥃 Shake Shack deal sent the stock up 9.6% to $11.37 Wednesday.