Streetbeat News

Partnerships

DELL

CyberAgent, a digital advertising company, has chosen Dell Technologies to develop its generative AI and machine learning infrastructure. Dell's PowerEdge XE9680 servers will be used to develop generative AI using large language models and leverage AI for advertising.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 1:04 pm

NOW

ServiceNow (NYSE:NOW) has announced a major expansion of its Now Platform with the Now Assist family of solutions. Now Assist integrates generative AI across all workflows on the Now Platform to accelerate productivity, improve experiences, and increase agility for customers. The new features are powered by a domain-specific ServiceNow large language model (Now LLM), optimized for productivity and data privacy. The Now Assist solutions are available for IT Service Management (ITSM), Customer Service Management (CSM), HR Service Delivery (HRSD), and Creator. The Now Platform Vancouver release will be generally available on Sept. 29.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 1:03 pm

EXAI

Exscientia Plc (NASDAQ:EXAI) announced a multi-year collaboration with Merck KGaA for AI drug discovery, focusing on oncology, neuroinflammation, and immunology drug candidates. Exscientia will receive an upfront payment of $20 million and could receive up to $674 million in milestone payments. The news led to a 31.2% surge in Exscientia's share price.

Portfolio Pulse from Adam Eckert

September 20, 2023 | 12:46 pm

EXAI

Exscientia announced a collaboration with Merck KGaA, Darmstadt, Germany for AI drug discovery. This news has led to a rise in Exscientia's share prices.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 12:46 pm

OMQS

OMNIQ Corp. (NASDAQ:OMQS) is deploying its AI-enhanced parking and security solution to the El Salvador International Airport, marking its first deployment in a Central American International Airport. The airport serves 3.4 million passengers annually. OMNIQ's AI technology is already used in 60 US airports. The company has also recently announced orders from The Israel Train Company, a partnership with Tripshot, and deployment of 55 AI-based Q-Shield systems in Uruguay.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 12:45 pm

STGW

Stagwell (NASDAQ:STGW) has announced a partnership with RealClearPolitics (RCP) to create an enhanced polling experience for the 2024 U.S. Presidential Election cycle. The new site will make RCP's polling averages more dynamic and accessible, and provide advertisers with new ways to reach RCP's readers. Stagwell agencies Code and Theory, GALE and Multiview will lead the partnership.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 12:37 pm

VUZI

Vuzix Corporation (NASDAQ:VUZI), a supplier of Smart Glasses and Augmented Reality (AR) technology, will showcase its Vuzix M400 and Vuzix Blade 2 smart glasses at Deutsche Telekom's Digital X 2023 exhibition. The event focuses on digitization in the DACH region of Europe and combines industry leaders with mobile workforce innovations powered by Deutsche Telekom and Zoom X. Vuzix will highlight use cases from the automotive industry, demonstrating the integration, security, and efficiencies that Zoom X delivers to the connected workforce.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 12:35 pm

EXAI

PINS

SPRY

Exscientia announced a drug discovery collaboration with Merck KGaA, leading to a 36% increase in its stock. The FDA issued a complete response letter for ARS Pharma's neffy® Epinephrine Nasal Spray, causing a 66% drop in SPRY's stock. Pinterest's stock rose by 4.3% after announcing a $1 billion stock repurchase program and an upgrade from Citigroup.

Portfolio Pulse from ryanfaloona@benzinga.com

September 20, 2023 | 12:34 pm

ACN

CYBR

CyberArk (NASDAQ:CYBR) has announced that Accenture (NYSE:ACN) has expanded its deployment of the CyberArk Identity Security Platform to include CyberArk Privilege Cloud. This solution allows Accenture to control and monitor privileged access across various infrastructures for clients and their own IT environment. Accenture will also incorporate CyberArk Privilege Cloud into its own cyber defense strategy.

Portfolio Pulse from Benzinga Newsdesk

September 20, 2023 | 12:34 pm

MCO

Moody's Corporation has unveiled the Vietnam Investors Service And Credit Rating Agency Joint Stock Company (VIS Rating), in partnership with Vietnamese financial institutions. The Vietnam Ministry of Finance issued a credit rating agency license to VIS Rating. The agency will provide credit rating services to domestic corporate issuers in Vietnam. Moody's shares closed lower by 0.79% to $340.69 on Tuesday.

Portfolio Pulse from Nabaparna Bhattacharya

September 20, 2023 | 12:33 pm