Streetbeat News

Partnerships

NVDA

NVIDIA announced a new generative AI microservice at AWS re:Invent, designed to integrate custom large language models with enterprise data, enhancing AI applications with accurate responses.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:16 pm

MITK

Abrigo, a provider of compliance, credit risk, and lending solutions, has partnered with Mitek Systems (MITK), a global leader in digital identity verification solutions, to enhance fraud detection capabilities for financial institutions. This partnership will integrate Mitek's identity verification technology into Abrigo's platform, aiming to improve the accuracy and efficiency of fraud detection processes for their clients.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:05 pm

TBLA

Taboola's stock price is on the rise following the announcement of a new five-year agreement with NBCUniversal News Group.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 5:01 pm

CMCSA

TBLA

Shares of Taboola.Com Ltd. (NASDAQ:TBLA) are rising after announcing a new five-year deal with NBCUniversal News Group, a subsidiary of Comcast Corporation (NASDAQ:CMCSA). The partnership, which builds on a relationship since 2014, will see NBCUniversal continue to use Taboola's products to enhance audience growth, user engagement, and revenue across its digital properties. Taboola's CEO Adam Singolda highlighted the trust and benefits developed with NBCUniversal, while NBCUniversal's Chief Business Officer Satpal Brainch expressed enthusiasm for the partnership's future.

Portfolio Pulse from Nabaparna Bhattacharya

November 28, 2023 | 5:01 pm

AMZN

NVDA

At AWS re:Invent, NVIDIA's CEO announced the deployment of new L4, L40, and the brand new Gh200 chips at AWS. This collaboration showcases NVIDIA's latest technology being integrated into Amazon's cloud computing services, potentially enhancing AWS's offerings with advanced AI and computing capabilities.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:38 pm

APO

JPM

JPMorgan Chase (JPM) and Apollo Global Management (APO) are partnering to create a tokenized enterprise mainnet, building on their collaboration in the Monetary Authority of Singapore’s Project Guardian. The mainnet will allow the addition of applications to a KYC-compliant network of financial institutions. The initiative is compared to Ethereum's early strides in the blockchain space, with the potential to lay the groundwork for future innovations. JPMorgan has already processed over $900 billion in assets and $2 billion per day in intraday repos through its platform.

Portfolio Pulse from Khyathi Dalal

November 28, 2023 | 4:31 pm

AAL

American Airlines Group Inc (NASDAQ:AAL) has signed an agreement with carbon removal startup Graphyte to purchase 10,000 tons of permanent carbon removal, set to be delivered in early 2025. Graphyte's Carbon Casting process is an efficient and low-cost method for permanent CO2 removal. American Airlines aims to support the growth of the CO2 removal market and meet its emissions reduction goals with this purchase. AAL's stock saw a slight decrease of 0.62% to $12.10 on Tuesday.

Portfolio Pulse from Shivani Kumaresan

November 28, 2023 | 4:30 pm

AMZN

AWS announced new AWS-designed chips, Graviton4 and Trainium2, at AWS re:Invent. Graviton4 offers up to 30% better compute performance, 50% more cores, and 75% more memory bandwidth than Graviton3. Trainium2 provides up to 4x faster training for ML models and can be deployed in EC2 UltraClusters of up to 100,000 chips. Customers like Anthropic, Databricks, Datadog, Epic, Honeycomb, and SAP are using these chips. Graviton4 will be available in EC2 R8g instances, and Trainium2 in EC2 Trn2 instances. The chips aim to deliver better price performance, energy efficiency, and are designed for workloads like ML training and generative AI applications.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:26 pm

BNBUSD

BTCUSD

ETHUSD

Binance.US has updated its community following news about Binance.com and its CEO, CZ. Binance.US emphasized its operational independence and compliance with U.S. regulations, stating it's not part of the settlements announced last week. CZ will step down as Chairman and transfer his voting rights, retaining only an economic interest. The company remains fully operational under the leadership of Norman Reed and the current management team, with a commitment to growth and customer service.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:06 pm

AMZN

TDC

Teradata has launched Teradata AI Unlimited, a serverless AI/ML engine, in private preview on AWS, accessible through AWS Marketplace. This offering aims to facilitate AI innovation by providing data scientists and developers with robust tools for exploring and discovering new use cases at scale, cost-effectively. It features ClearScape Analytics, BYOM capabilities, and seamless integration with AWS services, including Amazon SageMaker. Users can access data in various formats and operationalize models in the VantageCloud production environment.

Portfolio Pulse from Benzinga Newsdesk

November 28, 2023 | 4:03 pm