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Cyngn Inc. has been selected to provide DriveMod Tuggers for industrial automation to John Deere's Dubuque, Iowa operation. Cyngn specializes in AI-powered autonomous vehicle and data solutions.

Portfolio Pulse from Charles Gross

April 23, 2024 | 11:09 am

IBRX

ImmunityBio's stock price increased following the announcement of the FDA's approval of ANKTIVA, a significant development for the company.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:37 am

IQ

'China's Netflix', iQiyi Inc. (NASDAQ:IQ), is shifting its focus towards the aging population in China by leveraging artificial intelligence (AI) to enhance content production. The company aims to cater to older users' needs and improve content quality for children, considering the demographic changes in China. iQiyi, which recently turned profitable, is also looking to expand its business overseas as growth in China moderates. This strategy includes integrating AI tools to replicate multi-camera shots and analyze novels for production-worthy stories.

Portfolio Pulse from Benzinga Neuro

April 23, 2024 | 10:35 am

CLNE

Clean Energy Fuels Corp. (NASDAQ:CLNE) has announced the completion of its renewable natural gas (RNG) facility at Victory Farms Dairy in Revillo, South Dakota, which is now injecting pipeline quality RNG into the interstate natural gas infrastructure.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:31 am

TSLA

Gene Munster, managing partner at Deepwater Asset Management, expressed astonishment at the widespread use of AI for cheating among high school students but believes embracing AI is crucial for future job market success. Elon Musk agreed with Munster's perspective. A survey found 44% of teens likely to use AI for schoolwork, with 60% considering it cheating. Usage of AI tools like ChatGPT in education has surged, indicating a shift in how students approach learning and homework.

Portfolio Pulse from Ananya Gairola

April 23, 2024 | 10:23 am

AMZN

Amazon has launched a new low-cost grocery delivery subscription service aimed at Prime members and customers using Electronic Benefit Transfer (EBT). This service is designed to make grocery shopping more affordable and accessible, particularly for those on government assistance programs.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:13 am

SOL

Emeren and Nuveen Infrastructure have completed a significant milestone by finalizing a 354 MWp battery storage portfolio in Italy, boasting a capacity of 2.83 GWh. This development marks a substantial advancement in Italy's energy storage capabilities and represents a significant investment in sustainable energy infrastructure.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:10 am

BGNE

The European Commission has granted approval to BeiGene's Tislelizumab for treating non-small cell lung cancer in three different indications, including its use in both first and second lines of treatment. This marks a significant milestone for BeiGene, expanding its oncology portfolio in the European market and potentially increasing its market share and revenue from sales of Tislelizumab in Europe.

Portfolio Pulse from Benzinga Newsdesk

April 23, 2024 | 10:08 am

LIN

Linde (NASDAQ:LIN) has entered into two agreements with China South Steel, part of China Baowu Steel Group, to de-captivate and upgrade an air separation unit (ASU) at China South Steel's plant in Shaoguan, Guangdong Province. This expansion brings Linde's total on-site production capacity in Shaoguan to about 130,000 cubic meters per hour.

Portfolio Pulse from Charles Gross

April 23, 2024 | 10:08 am

AAPL

GOOGL

MSFT

Microsoft Corp. has introduced Phi-3 Mini, a new AI model with 3.8 billion parameters, marking it as the smallest yet in its Phi series, and comparable in capability to OpenAI's GPT-3.5. The model, designed for lower capacity devices, is now available on Azure, Hugging Face, and Ollama. This release is part of Microsoft's strategy to develop lightweight AI models suitable for personal devices. Meanwhile, Apple Inc. is in the process of negotiating the licensing of Alphabet Inc.'s Google Gemini AI for iPhones.

Portfolio Pulse from Rounak Jain

April 23, 2024 | 10:07 am