Streetbeat News

Partnerships

GOOGL

MSFT

An internal Microsoft email revealed concerns about lagging behind Google's AI capabilities, prompting investment in OpenAI. The email, part of a Justice Department antitrust case, highlights Microsoft's efforts to catch up in AI technology. Microsoft's CEO Satya Nadella emphasized the investment was aimed at broader innovation, not just search. The case sheds light on the competitive AI landscape, with Microsoft leveraging OpenAI's technology to enhance its products and Google facing challenges with its AI chatbot, Bard.

Portfolio Pulse from Ananya Gairola

May 02, 2024 | 12:53 pm

WLDS

Wearable Devices Ltd. (WLDS) has been invited to present its AI-powered touchless sensing wearables at the Samsung Global Sourcing Fair 2024 in South Korea. This event offers a significant opportunity for Wearable Devices to showcase its gesture control technology, the Mudra Band, to Samsung's senior management and explore potential collaborations. The technology enables users to control digital devices through natural finger movements, promising to make interactions with digital worlds more intuitive and efficient.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:45 pm

VEV

Vicinity Motor Corp. has entered into a distribution agreement with RJames Management Group Ltd to launch RJames Vicinity Truck in British Columbia, Canada. This partnership aims to distribute Vicinity's VMC 1200 electric trucks in Kamloops and Kelowna, expanding into the last-mile class 3 electric truck segment. The collaboration is seen as a strategic move to enhance the adoption of commercial electric trucks, with deliveries starting this week and plans to showcase the VMC 1200 at a local tradeshow.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:40 pm

GLOB

Globant and Formula 1 have announced a multi-year partnership until 2026 to enhance digital experiences for F1 teams and fans. Globant will focus on improving the pit wall system and the fan experience mobile app. This partnership marks Globant as an Official Partner of Formula 1, leveraging its global presence and technology expertise to innovate F1's IT systems and products.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:36 pm

SIDU

Sidus Space, Inc. (SIDU) has successfully completed the delivery of two electronic LCS cabinets for Bechtel's NASA Mobile Launcher 2 project. This marks a significant milestone for Sidus Space in its collaboration with Bechtel and its involvement in NASA's space exploration initiatives.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:33 pm

EEIQ

EpicQuest Education Group International Limited (NASDAQ: EEIQ) announced four agreements aimed at increasing enrollment and revenue at EduGlobal College and Davis University. These agreements with Saint Paul International Academy and Hetu Education Technology focus on global recruiting and improving academic programs to attract more students. The initiatives are part of EEIQ's strategy to internationalize and expand its educational services globally. The MOUs with Saint Paul aim to recruit for an online dual degree program, while those with Hetu Education target transfer students and aim to improve GPAs of university students.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:33 pm

SGBX

Safe & Green Holdings Corp. (NASDAQ:SGBX) has announced a collaboration and sales of modular units to Britten Inc., a creative production house. The units have received AC 462 Evaluation Service Report designation, facilitating jurisdictional approvals and code compliance. This partnership aims to promote sustainable building practices and enhance the efficiency of building solutions. No financial terms were disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:33 pm

BLNK

Blink Charging's stock is trading higher following the announcement that it has been chosen as the official electric vehicle charger and network services provider for the State of New York.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:25 pm

BLNK

Blink Charging has been chosen as the official electric vehicle charger and network services provider for the State of New York. The company will supply the state with its electric vehicle charging stations, including Level 2 and DC Fast Chargers.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:21 pm

ADTN

Adtran announced its Oscilloquartz solution, including an optical cesium atomic clock, is being used by a leading Canadian hydropower producer to enhance precision, reliability, and resilience in power grid synchronization. This upgrade addresses GNSS disruptions and cyberattacks, ensuring robust synchronization. The solution also facilitates a transition to advanced PTP technology and is managed through the Adtran Ensemble Controller with Sync Director for centralized control and operational simplicity. This deployment is significant for North America's energy resilience and the utility's cybersecurity and reliability.

Portfolio Pulse from Benzinga Newsdesk

May 02, 2024 | 12:21 pm