Streetbeat News

Partnerships

IDAI

Trust Stamp has announced a strategic collaboration with Scurid Inc. to enhance secure interactions between humans and machines using advanced biometrics.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 5:15 pm

INTC

MSFT

Intel, in collaboration with Microsoft, has announced support for several Phi-3 models across its data center platforms, AI PCs, and edge solutions.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 4:44 pm

MELI

MercadoLibre's executive announced that obtaining a banking license in Mexico will take between 12 and 24 months. This move is part of the company's strategy to expand its financial services in the region.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 4:44 pm

AMD

MSFT

AMD has showcased its end-to-end compute and software capabilities for Microsoft. Microsoft is utilizing AMD's Instinct MI300X accelerators, ROCm open software, Ryzen AI processors, and Alveo MA35D media accelerators for AI deployments. Additionally, new Azure ND MI300X VMs are now available.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 3:32 pm

AAPL

EWQ

Apple and Île-de-France Mobilités have introduced the Navigo card for iPhone and Apple Watch, allowing users to add the card to Apple Wallet and use it for transit in the Paris region. Real-time transit information is also now available in Apple Maps for Paris.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 3:30 pm

KGRN

NIO

PGJ

TSLA

XIACY

NIO Inc. (NYSE:NIO) shares are trading higher on Tuesday following a visit from Xiaomi Corp. (OTC:XIACY) founder Lei Jun to NIO's Shanghai office. The visit, which included a tour of NIO's Onvo L60 model, was part of a broader collaboration between the two companies. Xiaomi aims to integrate its ecosystem products into other brands' vehicles, including NIO's. NIO's stock has fallen over 41% in the past year, and investors can gain exposure through ETFs like KraneShares MSCI China Clean Technology Index ETF (NYSE:KGRN) and Invesco Golden Dragon China ETF (NASDAQ:PGJ).

Portfolio Pulse from Nabaparna Bhattacharya

May 21, 2024 | 3:30 pm

AMD

AMZN

CSCO

INTC

META

MSFT

NOW

NVDA

Scale AI Inc. has secured $1 billion in financing, doubling its valuation to $13.8 billion. The funding round included major investors such as AMD, Amazon, Meta, Cisco, Intel, ServiceNow, and NVIDIA. This significant investment highlights Scale AI's growing influence in the AI sector.

Portfolio Pulse from Shivani Kumaresan

May 21, 2024 | 3:11 pm

GOOG

GOOGL

HUBS

The article discusses the relationship between HubSpot and Google, highlighting why HubSpot relies on Google's services and infrastructure. It explores the potential impacts on HubSpot's business operations and growth due to this dependency.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 3:04 pm

IBM

IBM shares are trading higher following the announcement of open sourcing its Granite models and a new deal with Saudi Arabia to train an AI system in Arabic.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 3:02 pm

NVO

Novo Nordisk's CEO announced a deal with Catalent that will bring three large sites to the company, with ample expansion opportunities. The company will also continue working with other contract manufacturers, who are frequently approaching them.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 2:54 pm