** Hoth Therapeutics' HOTH.O shares rise 8.5% to $1.66 premarket
** Co expands AI initiative, secures Nvidia NVDA.O AI Enterprise licenses to support GPU-powered drug research
** Platform to help simulate trials, predict toxicity and integrate patient data for faster drug development - HOTH
** HOTH will also use the technology to simulate clinical trials and monitor patient responses in real time
** AI push part of broader digital strategy to cut costs and improve outcomes - HOTH
** Up to last close, stock up 105% YTD
(Reporting by Sahil Pandey in Bengaluru)
((Sahil.Pandey@thomsonreuters.com))