Beamr Is Bringing The Video Technology Of Google & Meta To Everyone; Beamr's Cloud Service Scheduled Launch Date February 20, 2024 At 1:00pm ET
Portfolio Pulse from Benzinga Newsdesk
Beamr Imaging Ltd. (NASDAQ:BMR) announced the launch of a new cloud service on February 20, 2024, aimed at simplifying video processing. This service, leveraging Amazon's AWS and Nvidia hardware, targets the expanding AI, ML, and streaming markets. Beamr's technology, which has won an Emmy award, promises cost-effective and high-quality video management solutions.
February 07, 2024 | 1:43 pm
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Beamr Imaging Ltd. is launching a cloud service to simplify video processing, leveraging AWS and Nvidia hardware, targeting AI and streaming markets.
The launch of Beamr's cloud service could significantly enhance the company's market position by offering innovative, cost-effective video processing solutions. The collaboration with AWS and Nvidia, along with the service's targeting of rapidly growing AI and streaming markets, suggests a positive short-term impact on BMR's stock price.
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