Streetbeat News

Partnerships

J

Jacobs has been selected to provide highways and environmental services to Hertfordshire County Council. The contract is set to commence in October for an initial five years, with optional extensions up to 14 years, and is valued at $22 million per annum.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:37 am

NWS

NWSA

News Corp shares are trading higher after the company announced a multi-year agreement with OpenAI.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:33 am

KBR

KBR has been selected as one of 11 awardees for a multiple-award contract by the Defense Health Agency to provide health and wellness support for military personnel and their families. KBR will have the opportunity to bid on task orders under the MQS2-NG contract, which has a ceiling of $43 billion.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:14 am

LSPD

UBER

Lightspeed Commerce and Uber have announced a new North American partnership to integrate Uber Direct and Uber Eats Marketplace into Lightspeed's platform. This integration will allow Lightspeed merchants to access Uber's delivery services directly from their platform.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 10:09 am

NVDA

TSLA

Elon Musk acknowledged Nvidia CEO Jensen Huang's praise of Tesla's Full Self-Driving technology. Huang stated that every car would eventually need autonomous capabilities. Nvidia has been crucial in supporting Tesla's FSD Version 12 with its AI infrastructure, leading to breakthrough performance in autonomous driving technology.

Portfolio Pulse from Benzinga Neuro

May 23, 2024 | 8:17 am

MSFT

Microsoft's deal with UAE-backed AI firm G42 may involve transferring advanced AI technology, raising national security concerns. The deal requires U.S. Department of Commerce approval and includes measures to prevent misuse by Chinese entities. Microsoft is investing $1.5 billion in G42, with President Brad Smith joining its board.

Portfolio Pulse from Benzinga Neuro

May 23, 2024 | 7:37 am

AZN

Nona Biosciences has entered into a global license agreement with AstraZeneca for the development of monoclonal antibodies.

Portfolio Pulse from Benzinga Newsdesk

May 23, 2024 | 7:13 am

META

SHOP

Meta Platforms Inc. (NASDAQ:META) CEO Mark Zuckerberg has formed a new advisory council to guide the company's AI and technological advancements. The Meta Advisory Group includes executives from Stripe, Shopify, and former GitHub and Microsoft executives. The group will meet periodically to offer insights and recommendations.

Portfolio Pulse from Ananya Gairola

May 23, 2024 | 5:22 am

NVDA

TSLA

Nvidia's AI infrastructure has significantly boosted Tesla's autonomous driving software, FSD version 12, by expanding Tesla's AI training cluster to 35,000 H100 GPUs. Nvidia's data center segment saw a 427% growth, contributing to its strong quarterly performance. Nvidia also announced a 10-for-1 stock split and a 150% increase in its quarterly dividend.

Portfolio Pulse from Ananya Gairola

May 23, 2024 | 2:43 am

NWS

NWSA

News Corp (NASDAQ:NWSA) (NASDAQ:NWS) announced a multiyear global partnership with OpenAI to provide news content and journalistic expertise to OpenAI products. This partnership will allow OpenAI to access and display content from News Corp's major publications, enhancing its offerings. Following the announcement, News Corp shares rose by 4.01% after-hours.

Portfolio Pulse from Adam Eckert

May 22, 2024 | 9:32 pm