Streetbeat News

Partnerships

MSFT

Microsoft Inc (NASDAQ:MSFT) is planning to use small nuclear reactors to power its artificial intelligence (AI) operations. The company has advertised a job position for a nuclear technology specialist to integrate small modular nuclear reactors and microreactors. These reactors will likely power the data centers that support Microsoft's Cloud and AI platforms. Microsoft has shown interest in nuclear energy innovations and has recently entered into a power purchase agreement with Helion, a nuclear fusion startup.

Portfolio Pulse from Anusuya Lahiri

September 26, 2023 | 2:08 pm

EPAM

MSFT

EPAM Systems has expanded its partnership with Microsoft, becoming a globally managed enterprise systems integrator. This will allow EPAM to leverage its advanced cloud-native, AI, and data expertise to help clients modernize, transform, and simplify complex enterprise platforms, applications, and processes to accelerate business growth.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 2:07 pm

IDCBF

JPM

MFC

UBS

UBS Group AG has signed a memorandum of understanding with Industrial And Commercial Bank Of China Ltd. to explore strategic alliances in China and overseas markets. The collaboration could include asset management, wealth management, and investment and corporate banking. This follows UBS's acquisition of Credit Suisse last year, which allowed UBS to secure a 20% interest in ICBC Credit Suisse Asset Management Company. Other banks, such as JP Morgan Chase & Co., are also expanding their presence in China.

Portfolio Pulse from Nabaparna Bhattacharya

September 26, 2023 | 1:40 pm

BEN

Franklin Templeton has expanded its partnership with Janney to deliver the Canvas Custom Indexing Platform. This move makes the platform available to Janney's financial advisors.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 1:29 pm

WISH

ContextLogic Inc (NASDAQ:WISH) shares are trading lower after a rally on Monday. The company announced a new partnership with parcel pick-up and drop-off network company PUDO. The partnership will allow Wish customers to pick up packages from PUDO's network across the U.S. and Canada. By the end of the year, the company expects to have 24,000 pick-up points available to customers globally.

Portfolio Pulse from Adam Eckert

September 26, 2023 | 1:25 pm

AFRM

WEAV

Weave (NYSE:WEAV) has announced a partnership with Affirm (NASDAQ:AFRM) to integrate Affirm's pay-over-time options with Weave's patient experience platform. This collaboration will provide flexible payment options for eligible patients, making healthcare more accessible and affordable. The partnership will also allow healthcare practices to receive payments quicker than before.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 1:24 pm

GOVX

GeoVax Labs, Inc. (NASDAQ:GOVX) has signed a commercial license agreement with ProBioGen for its AGE1.CR.pIX® suspension cell line. This will enhance GeoVax's manufacturing capabilities for its entire Modified Vaccinia Ankara (MVA) based vaccine portfolio. The AGE1.CR.pIX cell line enables high-yield and scalable production, leading to cost-effectiveness and increased productivity for vaccine developers. Financial terms of the agreement were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 1:23 pm

SNX

Spin.AI and TD SYNNEX have partnered to provide SaaS security solutions to resellers and customers. The all-in-one SaaS security platform, SpinOne, will be available to TD SYNNEX partners and customers worldwide, aiming to reduce security and compliance risks associated with data theft, leak, and loss.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 1:23 pm

TBLA

Taboola (NASDAQ:TBLA) has announced a multi-year deal with Advance Local to increase user engagement and monetization opportunities. Advance Local will use Taboola's suite of products to grow its audience, optimize user engagement, and drive revenue. The deal includes the use of Taboola Feed, mid-article and right rail placements, and testing of additional offerings such as Header Bidding and Taboola Turnkey Commerce.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 1:22 pm

AMZN

DRCT

Direct Digital Holdings, Inc. (NASDAQ:DRCT) has announced a collaboration with Amazon Publisher Services. The collaboration will see Direct Digital's Supply-Side Platform, Colossus SSP, integrate with Amazon's Transparent Ad Marketplace (TAM). This integration will provide Colossus SSP's publishers with access to TAM's server-side header bidding solutions, offering a direct auction approach. The collaboration is expected to provide direct, premium, transparent, and scalable advertising opportunities.

Portfolio Pulse from Benzinga Newsdesk

September 26, 2023 | 1:15 pm