Streetbeat News

Partnerships

DE

Deere & Co. is integrating satellite imagery, AI, and advanced data analytics to improve agricultural productivity, sustainability, and efficiency. The company is also transitioning its fleet to electric vehicles, with plans to offer electric commercial and residential mowers, Gator utility vehicles, and construction equipment by 2026.

Portfolio Pulse from Caleb Naysmith

May 30, 2023 | 1:29 pm

MTLS

VUZI

Vuzix Corporation and Materialise NV have announced a collaboration to accelerate the design and production of smart eyewear using 3D printing technology. The partnership aims to reduce the average manufacturing cycle from 18 months to just 3, enabling third party technology, sports, and entertainment brands to rapidly introduce functional, fashionable and affordable smart eyewear to consumers.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:27 pm

BA

EADSF

Boeing is working on a deal to sell 150 of its 737 Max jetliners to Saudi Arabian startup airline Riyadh Air, owned by Saudi Arabia's Public Investment Fund (PIF). The order may be valued at around $8 billion. Airbus may also claim a part of this order.

Portfolio Pulse from Lekha Gupta

May 30, 2023 | 1:22 pm

AI

AMZN

C3 AI has announced that its C3 Generative AI is now available on the AWS Marketplace, allowing customers to rapidly access the combined expertise of C3 AI and AWS. This partnership aims to help customers use AI to build more efficient processes and save resources.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:20 pm

SILO

Silo Pharma (NASDAQ:SILO) has commenced a study of its novel joint homing peptide SPU-21 targeting rheumatoid arthritis. The Phase 2 study will investigate the peptides' method, optimization, and binding affinity in human tissue. The company is collaborating with the University of Maryland, Baltimore.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:19 pm

DTRUY

TM

Toyota Motor Corp and Daimler Truck Holding AG have signed a memorandum of understanding to merge their truck operations in Japan. The companies will equally invest in the holding company of the merged MFTBC and Hino, collaborating in commercial vehicle development, procurement, production, carbon neutrality, and CASE technologies.

Portfolio Pulse from Shivani Kumaresan

May 30, 2023 | 1:17 pm

GM

GM Defense, a subsidiary of General Motors, and Black Sage Technologies announced a teaming agreement to explore the development of a Counter Unmanned Aerial System (C-UAS). The companies will collaborate on research, development, and market viability of the C-UAS solution.

Portfolio Pulse from Benzinga Newsdesk

May 30, 2023 | 1:11 pm

BHP

MSFT

BHP Group Ltd is collaborating with Microsoft Corp to use artificial intelligence and machine learning to improve copper mining at BHP's Escondida operation in Chile. The technology is expected to optimize concentrator performance and improve copper recovery.

Portfolio Pulse from Shivani Kumaresan

May 30, 2023 | 1:11 pm

FXI

SPY

TSLA

Tesla CEO Elon Musk opposes the decoupling of the U.S. and China, according to Beijing officials. Musk's statement comes during his visit to China, where he met with government officials and discussed Tesla's expansion plans.

Portfolio Pulse from Happy Mohamed

May 30, 2023 | 1:08 pm

ASGN

ASGN Inc's federal government segment, ECS, has secured a seven-year recompete contract worth $138 million to support the USPS Addressing and Geospatial Technologies (AGT) Professional Support Services program. The AGT program uses mapping technology for visualization, analytics, and other services throughout the USPS.

Portfolio Pulse from Akanksha Bakshi

May 30, 2023 | 12:55 pm