Streetbeat News

Partnerships

LEV

Lion Electric has partnered with Dominion Energy to integrate vehicle-to-grid technology into Virginia's electric school buses. This collaboration allows Lion's electric buses to be part of Dominion's Electric School Bus Infrastructure program, enhancing energy storage and grid support.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:52 am

BW

Babcock & Wilcox (NYSE:BW) has secured a contract for engineering and design work on a waste-to-energy plant in Alberta, Canada, focusing on carbon capture technology.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:32 am

ABEQ

ACN

IETC

JGRW

KEAT

UL

Accenture and Unilever have expanded their partnership to enhance digital operations using generative AI. This multi-year program aims to set a new industry benchmark for productivity. Unilever will leverage Accenture's GenWizard platform to scale AI applications, which have already shown significant cost savings and efficiency gains. Both companies have seen stock gains over the past year.

Portfolio Pulse from Nabaparna Bhattacharya

September 05, 2024 | 10:19 am

BMWYY

TM

Toyota and BMW have updated their partnership to focus on hydrogen fuel cell vehicles, signing a new Memorandum of Understanding (MoU) to accelerate the development of zero-emission cars. BMW plans to launch its first hydrogen model in 2028.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:07 am

KBR

KBR has secured engineering contracts from Seatrium Group to develop topsides for two FPSO units for Petrobras in Brazil, enhancing production and sustainability.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 10:04 am

GM

Ultium Cells, a joint venture between General Motors and LG Energy Solution, has agreed to union recognition at its Tennessee battery plant. This move follows a similar unionization at its Ohio plant, where workers secured a significant pay increase. The unionization is part of a broader UAW effort to organize non-union automakers and battery workers in the U.S.

Portfolio Pulse from Anan Ashraf

September 05, 2024 | 9:21 am

NVDA

VLVLY

Volvo Cars has expanded its partnership with Nvidia to enhance AI and autonomous driving capabilities. The new Volvo EX90 will feature Nvidia's DRIVE Orin system, and future models will use DRIVE Thor, significantly boosting performance. Volvo will also use Nvidia's DGX systems for AI model training.

Portfolio Pulse from Benzinga Neuro

September 05, 2024 | 8:33 am

ACN

UL

Unilever and Accenture have announced a multi-year partnership to enhance productivity using Accenture's GenWizard platform, which is powered by generative AI. This collaboration aims to accelerate Unilever's technology and digital product development.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 7:43 am

STT

State Street has been selected by Challenger to manage custody and investment administration for a multi-billion-dollar portfolio. This partnership highlights State Street's capabilities and strengthens its position as a leading provider in the region.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 7:11 am

NVDA

VLVCY

Volvo Cars and NVIDIA have announced an expanded collaboration, introducing NVIDIA's DRIVE Thor and AI supercomputing capabilities. This partnership aims to enhance Volvo's AI training capabilities, making their data center one of the largest in the Nordics.

Portfolio Pulse from Benzinga Newsdesk

September 05, 2024 | 6:08 am