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ADSK

Autodesk, Inc. (NASDAQ:ADSK) has acquired Wonder Dynamics, a company known for its cloud-based 3D animation and VFX solution, Wonder Studio. This acquisition aims to enhance Autodesk's offerings in the 3D animation space by integrating AI with established tools, making it easier for creators to add 3D animated characters to their projects. The terms of the deal were not disclosed.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 8:00 pm

NUWE

Nuwellis has been granted U.S. Patent #11986584 for its 'Extracorporeal Blood Filtering Machine and Methods'. This patent could enhance the company's competitive edge in the medical device market.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 7:59 pm

GPAC

USHAF

Stardust Power, a lithium refining company, is set to go public on the Nasdaq in June through a $490 million SPAC deal with Global Partner Acquisition Corp II (NASDAQ: GPAC). The company is building a lithium refinery in Oklahoma and aims to produce up to 50,000 metric tons of battery-grade lithium. The SPAC deal comes amid fluctuating lithium prices and growing EV demand. Stardust is also developing upstream lithium supply lines and has agreements with Usha Resources Ltd. (OTC: USHAF) and QX Resources Ltd.

Portfolio Pulse from Matt Whittaker

May 21, 2024 | 7:53 pm

GOOGL

Alphabet Inc (NASDAQ:GOOGL) unveiled new AI features for its Google search engine, named Gemini, at its I/O Conference. These features include AI-generated responses, multi-step reasoning, and search capabilities within Google Photos and videos. Despite claims of increased traffic, some users are turning off the feature. The innovations aim to fend off competition from OpenAI.

Portfolio Pulse from Hayden Buckfire

May 21, 2024 | 7:45 pm

MSFT

Microsoft Corporation (NASDAQ:MSFT) introduced several new AI-powered features at its annual Build developer conference, including the Phi-3-vision model, Copilot Plus PCs, and Windows Copilot Runtime. These innovations aim to enhance productivity and streamline development processes. The market reacted positively, with MSFT shares up 0.94%.

Portfolio Pulse from Vaishali Prayag

May 21, 2024 | 7:44 pm

TMUS

SpaceX demonstrated the first-ever live video call on X using a direct-to-cell Starlink satellite. The service, in partnership with T-Mobile US Inc (NASDAQ:TMUS), is set to launch this summer. This technological advancement could provide vital connectivity to regions in the U.S. lacking cell service.

Portfolio Pulse from Hayden Buckfire

May 21, 2024 | 7:41 pm

MSFT

Elon Musk criticized OpenAI for allegedly mimicking Scarlett Johansson's voice in its GPT-4o model. Johansson has taken legal action against OpenAI, which is backed by Microsoft (NASDAQ:MSFT). OpenAI denies the allegations, claiming the voice belongs to a different actress. This incident raises ethical and intellectual property concerns in AI development.

Portfolio Pulse from Rounak Jain

May 21, 2024 | 7:19 pm

CBSTF

GTBIF

Ohio's medical marijuana companies, including Green Thumb Industries and the Cannabist Company, are preparing to enter the recreational cannabis market following regulatory approvals. Dual-use applications will be available by June 7, and the DEA's reclassification of marijuana to a Schedule III drug will reduce tax burdens for these businesses.

Portfolio Pulse from Maureen Meehan

May 21, 2024 | 7:08 pm

PATH

UiPath has announced an integration between its Business Automation Platform and Microsoft's Copilot for Microsoft 365. This collaboration aims to enhance automation capabilities for users of Microsoft 365.

Portfolio Pulse from Benzinga Newsdesk

May 21, 2024 | 7:01 pm

MSFT

Microsoft unveiled five groundbreaking AI tools at its Build 2024 conference, including Phi-3-Vision, Copilot AI Agents for Businesses, GPT-4o on Azure OpenAI, Windows Copilot Plus PCs, and Recall. These innovations highlight Microsoft's commitment to advancing AI technology.

Portfolio Pulse from Surbhi Jain

May 21, 2024 | 6:59 pm