Streetbeat News

Partnerships

APPN

Appian (NASDAQ:APPN) announces its expanded strategy and roadmap for generative AI in the Appian Platform for process automation. The company aims to democratize access to AI technology and unlock productivity gains for developers. Appian recently announced OpenAI/ChatGPT low-code integration and unveiled the Appian AI Skill Designer. Today, Appian delivered two new AI plug-ins to the Appian AppMarket: Appian Azure OpenAI Connected System and Appian Pinecone Connected System.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 1:07 pm

SLGC

SomaLogic partners with Citogen, a unit of Longwood Group, to establish its first authorized site in Spain. The collaboration will offer the 7,000-plex SomaScan Assay and provide SomaScan data to customers in Southern Europe for various research disciplines.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 1:05 pm

JAKK

Disguise, a division of JAKKS Pacific (NASDAQ:JAKK), has signed a multi-year licensing agreement with Mob Entertainment to design, develop, and manufacture costumes and accessories for the horror survival game Poppy Playtime, starting in fall 2023.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 1:05 pm

WOOF

Petco Health and Wellness Company (NASDAQ: WOOF) has partnered with hip-hop legend Snoop Dogg for a new advertising campaign highlighting the value Petco offers in pet care. The campaign features Snoop Dogg's own pet wear brand, Snoop Doggie Doggs, which will be available at Petco pet care centers nationally in August.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 1:03 pm

QCOM

Qualcomm's Head of AI Business announced that the company will be working with multiple cloud partners in the upcoming months to accelerate its hybrid AI plans.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 1:03 pm

MSFT

QCOM

Qualcomm's AI Chief Ziad Asghar foresees a $1 trillion market opportunity in the AI space, with the company well-positioned to capitalize on it. Qualcomm's focus on completing AI models and utilizing AI tools directly on devices sets it apart from competitors. The company has seen impressive growth in its automotive segment and has a close collaboration with Microsoft.

Portfolio Pulse from Chris Katje

June 12, 2023 | 1:00 pm

AAC

Ares Acquisition Corporation (NYSE:AAC) and X-Energy Reactor Company have announced a strategic update to their business combination agreement, revising X-energy's pre-money equity value to $1.8 billion from $2.1 billion. The transaction is expected to close in summer 2023, with X-energy going public via its partnership with Ares Acquisition.

Portfolio Pulse from Nabaparna Bhattacharya

June 12, 2023 | 12:53 pm

ABVC

ABVC Biopharma has enrolled its first subject at the University of California San Francisco Medical Center for the ADHD Phase 2 Part 2 study, joining five Taiwan sites that have already begun patient enrollment.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 12:35 pm

SHLS

Shoals Technologies has signed a Master Supply Agreement with Blattner Company to deliver 10 GW of its Big Lead Assembly and systems solutions over the next two years. Deliveries have begun, with completion expected by Q2 2025.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 12:08 pm

VLN

Valens Semiconductor and AI image processing company iCatch Technology have partnered to develop a 360-degree multi-camera videoconferencing solution. The collaboration aims to improve videoconferencing experiences by providing high-quality video and audio.

Portfolio Pulse from Benzinga Newsdesk

June 12, 2023 | 12:02 pm