Streetbeat News

Partnerships

ALTR

HPQ

Altair has signed a collaboration agreement with HP to enhance its Material Data Center with proprietary material information from HP. This will benefit designers, engineers, and scientists using Altair's tools.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:03 am

ARES

Unrivaled Sports has partnered with Ares Management to invest in SNÖBAHN, an indoor action sports center. This collaboration aims to expand SNÖBAHN's reach and make action sports more accessible. The investment team includes notable figures like Shaun White and Bode Miller.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:40 am

HUT

Hut 8 Corp. (Nasdaq: HUT) has secured a $150 million investment from Coatue Management to develop next-generation AI infrastructure. The investment will be made through a convertible note.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:32 am

PSN

Parsons Corporation (NYSE:PSN) has expanded its partnership with Technovation, a nonprofit focused on empowering young girls in STEM. This collaboration aims to foster innovation and inclusivity in the tech industry by providing mentorship and support to young girls globally.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:28 am

OSK

Oshkosh Defense, a subsidiary of Oshkosh Corporation (NYSE:OSK), has secured a $27.3 million order from the U.S. Army Contracting Command for 57 Medium Equipment Trailers. The order will be executed in partnership with Broshuis B.V.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:09 am

SHOP

TGT

Target Corporation (NYSE:TGT) has partnered with Shopify to expand its online marketplace, Target Plus, by offering products from Shopify merchants. This partnership will also bring select merchants' products into Target's physical stores.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 10:05 am

CMBM

Cambium Networks (NASDAQ:CMBM) has announced significant investments in its ConnectedPartner channel program, introducing an Elite partner level with new benefits aimed at accelerating growth, reducing risk, and increasing sales velocity for its Enterprise partners.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 9:01 am

NVDA

Nvidia has signed a deal with Ooredoo, a Qatari telecom company, to provide AI technology to data centers in five Middle Eastern countries. This marks Nvidia's first large-scale deployment in the region, despite U.S. export curbs. Ooredoo aims to become the leading digital infrastructure provider in the Middle East and North Africa.

Portfolio Pulse from Shanthi Rexaline

June 24, 2024 | 7:26 am

NVDA

Synthesia, a British AI startup backed by Nvidia, has introduced new features allowing users to create AI avatar presentations using just a webcam or phone. This development aims to make video production more accessible and is part of Synthesia's strategy to become a comprehensive video production suite for large companies.

Portfolio Pulse from Benzinga Neuro

June 24, 2024 | 7:26 am

AVGO

MRVL

NVDA

TSM

ByteDance is collaborating with Broadcom to develop a 5-nanometer AI chip, compliant with U.S. export restrictions, with manufacturing outsourced to Taiwan Semiconductor. This partnership aims to secure a stable supply of high-end chips amid U.S.-China tensions.

Portfolio Pulse from Benzinga Neuro

June 24, 2024 | 6:18 am