Auddia Says LT350 Signs Deal to Begin Engineering, Design for AI Canopy Pilot

MT Newswires Live06-22

Auddia (AUUD) said Monday that LT350 has signed a definitive agreement to execute the phase 1 statement of work with Fresh Consulting, initiating the engineering and design process for LT350's first GPU canopy pilot.

Under the phase 1 statement of work, Fresh Consulting will develop the technical architecture for LT350's modular GPU canopy, including GPU and CPU server cartridges, battery energy storage cartridges, among others, Auddia said.

LT350 is one of three businesses that would combine with Auddia if the company completes its merger with Thramann to form McCarthy Finney, according to a statement.

Shares of Auddia were up more than 1% in Monday trading.

Price: 1.40, Change: +0.02, Percent Change: +1.45

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment