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BIDU

Baidu announced that its AI model, Ernie 3.5, outperformed OpenAI's ChatGPT in several benchmark tests. The Chinese search engine firm has been testing Ernie Bot since March. Baidu's latest model, Ernie 3.5, excelled in Chinese language tests, beating OpenAI's GPT 4.

Portfolio Pulse from Anusuya Lahiri

June 27, 2023 | 12:29 pm

SBIG

springbig (NASDAQ:SBIG) has launched an AI Assistant tool powered by OpenAI's GPT-3.5, enabling cannabis retailers to create engaging content for email campaigns. The company has also collaborated with Heed for a recommendation engine and partnered with Pluggi for an AI budtender widget integration.

Portfolio Pulse from Vuk Zdinjak

June 27, 2023 | 12:22 pm

ENVX

Enovix announced that it has received a purchase order to produce battery cells for the U.S. Army, leading to a rise in its share price.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:21 pm

META

Meta Platforms' WhatsApp Business app has surpassed 200 million monthly active users, up from 50 million in 2020. The app now allows users to create 'click-to-WhatsApp' ads without a Facebook account and adds a paid feature for merchants to automate personalized customer messages. WhatsApp is also boosting its payments business to increase revenue generation.

Portfolio Pulse from Anusuya Lahiri

June 27, 2023 | 12:19 pm

U

Unity shares are up following the announcement of a new AI marketplace and Wells Fargo's initiation of coverage with an Overweight rating and $48 price target.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:16 pm

CORT

The Journal of Clinical Oncology has published the results of Corcept Therapeutics' Phase 2 trial of Relacorilant in women with platinum-resistant ovarian cancer. The trial demonstrated promising results, potentially benefiting Corcept's stock (CORT).

Portfolio Pulse from Bill Haddad

June 27, 2023 | 12:16 pm

OCUP

Ocuphire Pharma presented its ZETA-1 clinical trial data on oral APX3330 at the American Diabetes Association's Annual Conference. The trial showed statistical significance in preventing diabetic retinopathy progression, with a favorable safety profile. The company plans to discuss Phase 3 study design with the FDA.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:15 pm

MFG

MSFT

Mizuho Financial Group (NYSE:MFG) enables all Japan bank employees to use Microsoft's (NASDAQ:MSFT) Azure OpenAI service. The bank will let 45,000 workers at its core lending units test the service, with plans to launch the tool in its brokerage unit in July.

Portfolio Pulse from Anusuya Lahiri

June 27, 2023 | 12:14 pm

AMTX

Aemetis, Inc. (NASDAQ: AMTX) announced that its Aemetis Biogas subsidiary exceeded its Q2 2023 RNG production plan by 20%. The company's Central Dairy Project production facilities are operating 24/7, and the recent EPA announcement has increased the mandate for D3 RINs generated by RNG.

Portfolio Pulse from Happy Mohamed

June 27, 2023 | 12:12 pm

BCTX

BriaCell Therapeutics has received FDA approval for its pivotal registrational study design for Bria-IMT in combination with a checkpoint inhibitor in advanced metastatic breast cancer. Patient recruitment and dosing will commence in the summer of 2022.

Portfolio Pulse from Benzinga Newsdesk

June 27, 2023 | 12:09 pm