Streetbeat News

Partnerships

BXP

BXP has completed the sale of a 45% interest in 290 Binney Street, a life sciences development in Cambridge, to Norges Bank Investment Management (NBIM), reducing BXP's project spend by $533.5 million. The property, pre-leased to AstraZeneca, is part of a joint venture with a gross valuation of $1.66 billion. BXP retains a 55% interest and will provide development, property management, and leasing services.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 11:23 am

CSTM

The U.S. Department of Energy Office of Clean Energy Demonstrations has selected Constellium for award negotiations for up to $75M in funding from the Bipartisan Infrastructure Law and Inflation Reduction Act. This funding aims to support clean energy initiatives.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 11:14 am

NRIX

Nurix Therapeutics, Inc. (NASDAQ:NRIX), a biopharmaceutical company, is part of an international team awarded in the Cancer Grand Challenges to address pediatric cancers using targeted protein degradation. The team, led by experts from the Children's Hospital of Philadelphia and the University of Würzburg, includes members from 10 institutions across the US, UK, France, Germany, and Austria.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 11:08 am

GOOGL

INTC

NVDA

QCOM

Executives from Google, Intel, and Qualcomm have announced their intention to challenge Nvidia's dominance in the AI sector through the formation of the UXL Foundation. This strategic move indicates a significant shift in the competitive landscape of the AI industry, with major tech companies collaborating to counter Nvidia's leading position.

Portfolio Pulse from Charles Gross

March 25, 2024 | 11:06 am

LNZA

The U.S. Department of Energy's Office of Clean Energy Demonstrations has chosen Technip Energies and LanzaTech Global (LNZA) to start negotiations for up to $200M in funding from the Bipartisan Infrastructure Law and Inflation Reduction Act. This funding aims to support clean energy initiatives.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 10:11 am

AMZN

ZM

Zoom announced the launch of Zoom Workplace, an AI-powered collaboration platform, now available in AWS Marketplace. This platform includes products like Meetings, Team Chat, Phone, Whiteboard, Spaces, Zoom Contact Center, and Revenue Accelerator, facilitating easy purchase, testing, and deployment for customers on Amazon Web Services (AWS).

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 10:08 am

BDSX

BIO

Biodesix has entered into a new master collaborative research agreement with Memorial Sloan Kettering Cancer Center (MSK) to collaborate on developing diagnostic tests for cancer. Biodesix will leverage its genomics, proteomics, and data mining capabilities, while Bio-Rad will contribute its digital PCR assay technology for the development and commercialization of oncology biomarker assays.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 10:08 am

AAPL

XIACF

Xiaomi has launched a car app on Apple's App Store in China, with the CEO stating the goal for their car is to be the best looking, easiest to drive, and smartest vehicle priced below 500,000 Yuan (~$69,000).

Portfolio Pulse from Charles Gross

March 25, 2024 | 9:18 am

JG

Aurora Mobile Limited, a leading provider of customer engagement and marketing technology services in China, announced plans to integrate Moonshot AI's large language model into its AI bot creation platform, GPTBots.AI.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 9:02 am

EGY

VAALCO Energy, Inc. has received approval from the Government of Equatorial Guinea for the Joint Operating Agreement related to the Venus-Block P Plan of Development. This approval, under the Block P Production Sharing Contract, initiates a 25-year development and production period.

Portfolio Pulse from Benzinga Newsdesk

March 25, 2024 | 7:06 am