Streetbeat News

Partnerships

ACN

NVDA

UBER

NVIDIA has announced a new AI Foundry Service that allows enterprises and nations to build custom AI models using Llama 3.1 405B and NVIDIA Nemotron models. The service includes comprehensive generative AI model features and NVIDIA NeMo Retriever microservices for accurate responses. Accenture, Aramco, AT&T, and Uber are among the first to access this new service.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:18 pm

VALE

Vale (NYSE:VALE) is investing $149 million in a new open-pit mine at the historic Stobie mine site in Sudbury, Ontario. The project aims to produce 1.5 million tons of nickel and copper by 2025, with initial production set at 300,000 tons this year. The project emphasizes sustainable and inclusive growth, involving local contractors and the United Steelworkers Union.

Portfolio Pulse from Stjepan Kalinic

July 23, 2024 | 3:17 pm

META

SNOW

Snowflake and Meta have partnered to optimize a new flagship model family in Snowflake Cortex AI. This collaboration has led to the launch of a Massive LLM Inference and Fine-Tuning System Stack, establishing a new state-of-the-art solution for multi-hundred billion parameter models like Llama 3.1 405B.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 3:17 pm

DIS

SONY

TSLA

Tesla's Cybertruck will be featured in popular video games 'Fortnite' and 'Rocket League' starting July 23, 2023. This move aligns with Tesla CEO Elon Musk's interests in video games and electric vehicles. The inclusion of the Cybertruck in these games comes despite some backlash from gamers and Epic Games staff. The Walt Disney Company, a recent investor in Epic Games, has had a contentious relationship with Musk.

Portfolio Pulse from Chris Katje

July 23, 2024 | 2:53 pm

GM

GM Defense Canada, a subsidiary of GM Defense, has been awarded a C$35.8 million contract by the Canadian Armed Forces for 90 light tactical vehicles, with an option for an additional 18 vehicles. The first vehicles are expected to be delivered five weeks after the contract award.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:58 pm

AAPL

DNB

FDX

GE

KHC

MU

The Chinese government expressed its desire for U.S. firms to play a significant role in its economy after top U.S. executives, including those from FedEx, Dun & Bradstreet, General Electric, Kraft Heinz, Apple, and Micron Technology, met with Chinese officials. The meeting aimed to foster mutual cooperation and development amid escalating U.S.-China tensions.

Portfolio Pulse from Benzinga Neuro

July 23, 2024 | 1:47 pm

NISN

Nisun International (NASDAQ:NISN) has signed a purchase agreement with ZTO Yunpei, resulting in sales exceeding $68.7 million. This partnership marks a significant expansion in China's egg market for both companies.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:27 pm

PACB

PacBio announced that Novogene will use its Revio long-read sequencing system in a new Munich lab to serve the European scientific community. This system will enhance accuracy and throughput, supporting genomic research in rare diseases, cancer, microbes, and agriculture.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:07 pm

CURI

VZIO

Curiosity Inc. has launched its free, ad-supported streaming TV (FAST) channel, Curiosity Now, on VIZIO's WatchFree+ service. This collaboration expands Curiosity's reach to millions of U.S. viewers through VIZIO's smart TV ecosystem.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:06 pm

BEN

BLK

Franklin Resources, Inc. (NYSE:BEN) has chosen Aladdin by BlackRock (NYSE:BLK) to unify its investment management technology platform. This move aims to simplify operations and reduce long-term capital expenses for Franklin Templeton.

Portfolio Pulse from Benzinga Newsdesk

July 23, 2024 | 1:05 pm