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PATH

Deloitte and UiPath have expanded their strategic alliance by introducing a new AI-powered Intelligent Automation solutions framework for enterprises using SAP technology. This expansion aims to enhance business processes and operations for SAP users.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:46 pm

OMQS

OMNIQ Corp. (NASDAQ:OMQS) has received $5M in purchase orders from one of the largest U.S. food and drug chains for the supply of hardware, software, IT licenses, and services. The project involves modernizing the customer's supply chain operations with IoT devices and software for device management, tracking, tracing, and data analytics. OMNIQ's CEO, Shai Lustgarten, highlighted the order's innovative features and the company's commitment to its long-standing customer relationships.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:36 pm

DGLY

Digital Ally, Inc. (NASDAQ:DGLY) received an order from Kansas State University for multiple FirstVu Pro body-worn cameras, EVO-HD in-car systems, and QuickVu docking stations. This order, facilitated through a subscription payment plan, indicates strong demand for the company's video solutions technology in university security settings. The purchase by Kansas State University follows a similar deployment by the University of Kansas, showcasing the application of Digital Ally's products beyond traditional law enforcement. The company has recently announced several law enforcement orders, patents, and the addition of its InterVu Room solution, emphasizing its ongoing innovation and expansion in the video solutions market.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:36 pm

HYLN

Hyliion has started manufacturing parts for the production-intent design of its KARNO generator. This marks a significant step towards the commercialization of Hyliion's electrified powertrain solutions for Class 8 trucks. The KARNO generator is a key component in Hyliion's strategy to reduce carbon footprint and improve fuel efficiency for heavy-duty trucks. The commencement of parts production indicates progress in Hyliion's product development and may signal a transition from the design and testing phase to the preparation for full-scale production and eventual market launch.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:35 pm

BLIN

Bridgeline Digital, Inc. (NASDAQ:BLIN) has partnered with a top building materials retailer to implement its AI-powered search technology, HawkSearch, on the retailer's eCommerce site. The technology aims to improve product discovery and customer experience within the retailer's expanded catalog of over 5,000 products. HawkSearch will provide features like autocomplete, drop-down menus, and faceted search results, as well as personalized recommendations based on customer behavior, which is expected to increase sales.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:35 pm

GNS

LZGI

Genius Group Limited (NYSE:GNS) and FatBrain AI (OTC:LZGI) have signed a definitive merger agreement. The combined businesses are estimated to have generated approximately $80 million in gross revenue in 2023, doubling year-on-year. The merger aims to create a growth platform for AI education and enablement, targeting students, entrepreneurs, enterprises, and governments. The merger is subject to shareholder and NYSE approval, with FatBrain AI's CEO and Executive Chair joining Genius Group's Board post-merger.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:34 pm

RSLS

ReShape Lifesciences has conducted a training program for bariatric fellows on its Lap-Band System, a device used for weight loss procedures. The training is aimed at educating new surgeons on the use of the Lap-Band System, potentially increasing its adoption and usage in bariatric surgeries.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:33 pm

ELAB

ELEVAI Labs has been granted a U.S. patent, No. 11,878,038, for an exosome-based skincare product. This patent could potentially enhance the company's product portfolio and intellectual property in the skincare industry.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:31 pm

SLNH

Soluna Holdings, Inc. (NASDAQ:SLNH) has reduced its convertible debt by over $4M and plans a capital raise for a new AI venture. The company has made progress on its green data center projects, including Project Dorothy and Project Kati, and has signed a new 8.8 MW customer for Project Sophie. Soluna's data centers have been found to have an 18% lower carbon footprint than traditional data centers. Operational metrics and project updates were provided, with a focus on installed hashrate, power capacity, and energy consumption.

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:29 pm

F

Ford Motor Co is recalling 1.88 million units of certain 2011-2019 Explorer vehicles due to A-pillar trim retention clips that may not be properly engaged, which could allow the trim to detach. This recall was announced by the National Highway Traffic Safety Administration (NHTSA).

Portfolio Pulse from Benzinga Newsdesk

January 24, 2024 | 1:27 pm