Streetbeat News

Partnerships

NVDA

SLNH

Soluna Holdings, Inc. (NASDAQ: SLNH) has raised $12.5 million to support the launch of Soluna Cloud, which will utilize NVIDIA H100 GPUs. The company expects to generate $16M-$26M in annual revenue and $38M-$80M over the life of the contract.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 12:02 pm

VWAGY

Volkswagen has integrated OpenAI's ChatGPT into its new-generation infotainment systems, including the all-electric ID models, new Golf, new Tiguan, and new Passat. This integration allows drivers to use ChatGPT for various queries through the IDA voice assistant, enhancing the user experience without compromising data protection.

Portfolio Pulse from Anan Ashraf

June 24, 2024 | 11:57 am

DCGO

DocGo Inc. (NASDAQ:DCGO) has secured five new contracts to provide various healthcare services, including remote patient monitoring, virtual care management, and chronic care management. These contracts expand DocGo's reach in delivering quality healthcare services.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:36 am

CTSO

Cytosorbents has received regulatory approval in Taiwan for its CytoSorb device, which is used for the extracorporeal removal of cytokines, bilirubin, and myoglobin from blood. The device is also approved for removing antithrombotic drugs during cardiothoracic surgery to reduce bleeding. CytoSorb will be distributed in Taiwan by Hemoscien Corporation.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:19 am

HTGC

NEUE

Neuehealth has entered into a secured loan facility for up to $150 million with Hercules Capital. This agreement is expected to provide Neuehealth with the necessary capital to expand its operations and enhance its financial stability.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:07 am

SSNC

SS&C Technologies Holdings, Inc. (NASDAQ:SSNC) has entered a strategic partnership with Marlborough's Investment Fund Services Limited (IFS) to provide fund accounting, middle-office, and transfer agency services for over £16 billion in assets. This partnership involves the transfer of around 90 IFS staff to SS&C and aims to enhance fund administration efficiency using SS&C's technology.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:06 am

RANI

Rani Therapeutics has entered into a definitive agreement with ProGen for the co-development and commercialization of RT-114, an oral Ranipill capsule containing ProGen's PG-102, a GLP-1/GLP-2 dual agonist, for obesity. The agreement includes a 50/50 cost and revenue share arrangement, with Rani leading development in the US, Europe, Canada, and Australia, and ProGen leading in the rest of the world. Phase 1 program is expected to initiate in 2025.

Portfolio Pulse from Benzinga Newsdesk

June 24, 2024 | 11:05 am

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