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ON

onsemi announced a $2 billion investment in the Czech Republic to establish an advanced silicon carbide semiconductor production facility. This investment aims to strengthen the supply chain for its European and global customers and meet the rising demand for energy-efficient semiconductor solutions. The company is working with the Czech government on an incentive package to support this significant investment.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:26 am

FKWL

Franklin Access has invested $3 million in a joint venture focused on developing innovative 4G/5G AI modules.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:23 am

INTA

Intapp's DealCloud has been selected by Old Mutual Alternative Investments for advanced relationship and fund management. This partnership is expected to enhance Old Mutual's investment management capabilities.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:21 am

ACN

Accenture announced its acquisition of Fibermind to enhance its fiber and mobile 5G network deployment services. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:12 am

EEFT

Onnipro has partnered with Euronet to enhance card issuing and payment processing in Brazil. This collaboration aims to improve financial services in the region.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:06 am

JACK

Del Taco is expanding its presence in Florida with a new location in the Orlando metro area on E Colonial Drive.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 8:00 am

SEDG

SolarEdge Technologies, Inc. (NASDAQ:SEDG) has launched its high-power SolarEdge TerraMax Inverter in Germany, targeting small-to-medium utility scale PV installations. The new SE300K1 inverter, combined with H1300 Power Optimizers, aims to increase energy production and reduce costs.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 7:51 am

GOOG

GOOGL

Google DeepMind's study on AI-generated comedy reveals that AI struggles to create original and engaging jokes, often producing bland and generic content. The study involved 20 professional comedians using AI models like OpenAI's ChatGPT and Google Gemini. The results were mixed, highlighting the limitations and biases of AI in comedy.

Portfolio Pulse from Ananya Gairola

June 20, 2024 | 7:32 am

NVDA

QCOM

SoftBank's Masayoshi Son announced plans for a significant investment in artificial intelligence (AI), despite past setbacks with Alibaba and WeWork. The company is pivoting towards semiconductors and AI, with plans to expand its renewable power generation business in the US. SoftBank's Vision Fund has reduced its U.S.-listed portfolio by nearly $29 billion, and Son is seeking up to $100 billion for a chip venture to rival Nvidia.

Portfolio Pulse from Benzinga Neuro

June 20, 2024 | 7:26 am

CYBR

CyberArk has been selected by India's IIFL Group to help reduce cyber risks and streamline compliance. This partnership is expected to enhance CyberArk's market presence and credibility in the cybersecurity sector.

Portfolio Pulse from Benzinga Newsdesk

June 20, 2024 | 7:15 am