Streetbeat News

Partnerships

ALBT

Avalon GloboCare Corp. (NASDAQ:ALBT) has signed a memorandum of understanding with Qi Diagnostics to explore a strategic collaboration for developing a cannabis breathalyzer. The MOU grants Avalon a 120-day exclusivity period to negotiate a definitive agreement. The collaboration would focus on creating a prototype capable of detecting cannabis, leveraging Avalon's regulatory expertise. However, the terms of the agreement are not guaranteed.

Portfolio Pulse from Vandana Singh

October 25, 2024 | 12:31 pm

ALBT

Avalon GloboCare has entered into a Memorandum of Understanding (MOU) with Qi Diagnostics, granting Avalon a 120-day exclusivity period to negotiate a strategic collaboration. This could lead to a definitive agreement between the two companies.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:29 pm

ALBT

Avalon GloboCare and Qi Diagnostics have entered into a Memorandum of Understanding to co-develop a real-time cannabis breathalyzer aimed at detecting potential impaired driving.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:29 pm

FRSX

Foresight and Tata Elxsi have partnered to develop semi-autonomous and autonomous vehicle solutions using stereoscopic technology. The initial focus is on the Indian automotive market, with plans for global expansion.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:25 pm

HURC

Hurco Companies, Inc. (NASDAQ:HURC) has announced its vision to lead the future of Autonomous Machining Centers by leveraging AI, mechatronics, and simulation technologies. The company aims to enhance operational efficiency, expand market share through strategic partnerships and acquisitions, and invest in sustainable talent management to drive Industry 5.0 innovation.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:07 pm

TKLF

Yoshitsu shares rose following a five-year strategic cooperation agreement with Saynoday to expand its 'Reiwatakiya' brand in Hong Kong and other Asian markets.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:06 pm

TKLF

Yoshitsu has entered a five-year strategic partnership with Saynoday to expand its 'Reiwatakiya' brand in Hong Kong and other key Asian markets. The agreement includes a $64.3 million product procurement and plans to open five new stores by 2027.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 12:03 pm

COIN

Coinbase Ventures, the investment arm of Coinbase, has released a report predicting a future where AI agents will use crypto wallets to autonomously transact and fulfill tasks. The report outlines the potential for blockchain to enhance AI through decentralized resources, transparency, and secure transactions. It also highlights the role of crypto in addressing data privacy and ethical concerns in AI development.

Portfolio Pulse from Murtuza Merchant

October 25, 2024 | 11:53 am

FFIE

Faraday Future Intelligent Electric Inc. (NASDAQ:FFIE) has announced a co-investment agreement with Master Investment Group to establish a new headquarters in Ras Al Khaimah, UAE. This move is part of Faraday's Middle East expansion strategy, enhancing its presence in the region. The partnership aims to support the company's growth in the intelligent electric mobility ecosystem. FFIE shares rose 25% premarket following the announcement.

Portfolio Pulse from Lekha Gupta

October 25, 2024 | 11:44 am

CYN

Cyngn has expanded its dealer network by partnering with Kennedy Robotics AI, which will sell Cyngn's autonomous DriveMod Tugger, integrating Cyngn's AV technology with Motrec's MT-160 vehicle.

Portfolio Pulse from Benzinga Newsdesk

October 25, 2024 | 11:07 am