Streetbeat News

Partnerships

GMM

Global Mofy Metaverse (GMM) shares are up following the announcement of its Gauss AI division partnering with Heartdub to create the Gausspeed generative AI platform.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:18 pm

HYLN

VYEY

Hyliion Holdings Corp. (HYLN) and Victory Clean Energy Inc. (VYEY) have announced a non-binding LOI for Victory to purchase up to 10 KARNO generators from Hyliion for deployment in H2 Energy Group's hydrogen production facilities. These generators, expected to be delivered in the second half of 2025, will produce electricity from hydrogen-rich syngas derived from biomass, supporting green hydrogen production. The agreement includes an option for additional purchases following the successful deployment of the initial units.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:14 pm

UPWK

Upwork (NASDAQ:UPWK) announced its Spring 2024 Update, introducing a range of AI-powered innovations and partnerships aimed at enhancing the hiring and working experience on its platform. Key among these is Uma, Upwork's Mindful AI, designed to improve the matching process between businesses and freelancers. The update also includes new tools for freelancers, such as Freelancer Plus and Boosted Profiles, and introduces new avenues for businesses to access expert talent quickly. Additionally, Upwork Enterprise has expanded its partnerships and enhanced its client experience with new features like contract audit reporting and classification compliance improvements.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:13 pm

BB

BlackBerry Limited announced the launch of Cylance Assistant, a generative AI cybersecurity advisor built into the Cylance platform, designed to enhance decision-making and threat mitigation. Utilizing Amazon Web Services' Generative AI service, Amazon Bedrock, Cylance Assistant offers on-demand, expert cybersecurity guidance without sharing customer data, aiming to improve security operations efficiency and effectiveness.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:12 pm

RAMP

MobileFuse and LiveRamp (NYSE: RAMP) have expanded their partnership, significantly increasing publisher fill rates by over 300% through the use of LiveRamp's Authenticated Traffic Solution. This solution leverages first-party data to create authenticated audiences, enabling better monetization in a privacy-centric, cookie-free environment. The partnership highlights MobileFuse's adoption of RampID for in-app advertising, offering diversity across in-app supply and connecting publishers with leading advertisers. The collaboration aims to provide data-driven marketing capabilities and address the challenges of third-party cookie deprecation.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:11 pm

IPWR

Ideal Power Inc (NASDAQ:IPWR) has received an order for SymCool power modules from a Forbes Global 500 company, indicating a potential sales surge in the second half of 2024. The modules, which offer lower conduction losses and cost savings, are being evaluated for use in solid-state circuit breakers for industrial markets. Despite this positive development, IPWR shares dropped 11.20% to $6.95.

Portfolio Pulse from Anusuya Lahiri

April 30, 2024 | 1:10 pm

ROKU

Roku, Inc. (NASDAQ:ROKU) and iSpot.tv have announced an expanded measurement partnership aimed at enhancing ad measurement and optimization for advertisers on the Roku platform. This partnership, described as a first-of-its-kind, will leverage iSpot's Unified Measurement solution and Roku's Advertising Watermark to provide advertisers with accurate metrics on ad reach, frequency, and outcomes. iSpot will become a preferred third-party measurement partner for Roku, gaining access to Roku's exclusive audience information to improve cross-platform audience measurement. The collaboration is expected to benefit the entire streaming TV ad ecosystem by providing more reliable and actionable audience measurement data.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:09 pm

MCHX

Marchex (NASDAQ:MCHX) has launched its AI-powered Sentiment Suite across multiple APIs, following a successful early adopter program with Fortune 500 companies. The Sentiment Suite, a key part of Marchex's conversation intelligence platform, analyzes customer conversations to provide insights on emotions and sentiments, enabling businesses to tailor customer responses and improve operational outcomes. Feedback from early adopters, including a Fortune 500 company and a major healthcare industry association, highlights the suite's ability to drive customer satisfaction and operational excellence.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:08 pm

FFIV

Prompt Security has partnered with F5 (NASDAQ:FFIV) to launch a firewall for AI applications, addressing the security risks associated with Generative AI (GenAI). This solution, available on F5 Distributed Cloud Services, aims to protect organizations from new threats by inspecting prompts and responses, ensuring data privacy, moderating content, and providing governance. The partnership responds to the increasing use of GenAI in enterprises, which has seen a 30% breach rate in 2023 according to Gartner. F5's commitment to secure AI deployment complements Prompt Security's expertise in AI security, offering comprehensive protection for GenAI applications.

Portfolio Pulse from Benzinga Newsdesk

April 30, 2024 | 1:08 pm

JNVR

Janover Inc (NASDAQ:JNVR) has officially launched Janover Insurance Group Inc, an insurtech subsidiary focusing on commercial property insurance. The company has obtained insurance licenses in Texas and Florida, with more applications pending in other states. Janover aims to leverage its expertise in real estate transactions for the insurance brokerage model, has recruited executives and a top-tier manager for the subsidiary, and is expanding insurance options through partnerships. The goal is to achieve national coverage and enhance client engagement with a comprehensive content strategy.

Portfolio Pulse from Mohit Manghnani

April 30, 2024 | 1:03 pm