Gorilla Technology Group Inc. shares rose about 6% to $22.62 on Wednesday after the company’s website showed it has joined Nvidia’s Solutions Partner program. Trading volumes picked up shortly after market participants noticed the update, although the company has not released a formal statement clarifying when the designation was granted. The Taipei-founded firm provides artificial-intelligence software for security, video analytics and so-called smart-city applications. Partner status gives Gorilla access to Nvidia’s hardware and developer resources, potentially widening the reach of its AI products at a time when governments and enterprises are stepping up spending on urban-management technologies.
BREAKING: Gorilla $GRRR shares jump 6% to $22.62 after updating its website to announce a partnership with Nvidia $NVDA as a Solutions partner. Timing of the update remains unclear. #StockMarket #TechNews
$GRRR | Gorilla Technology Group; Shares Spike Higher As Traders Circulate Co Is Now An $NVDA NVIDIA Solutions Partner
$GRRR $NVDA https://t.co/8z3Wp6JwR7