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2 stories mentioning AIIOUpdated 31d ago

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Wire

Robo.ai Completes Acquisition of Neurovia AI; Shares Up Pre-Bell

Robo.ai (AIIO) shares were up 36% in Monday's premarket activity after the company said it has completed the acquisition of Neurovia AI.Neurovia AI, a visual data processing and compression technology company, plans to advance the commercialization of its platform through data infrastructure licensing, enterprise-level SaaS, and smart city solutions, Robo.ai said.Financial terms of the acquisition were not disclosed.Price: $3.24, Change: $+0.86, Percent Change: +36.29%

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Wire

Update: Robo.ai Shares Rise After Unit Launches NeuroStream Platform to Cut AI Data Storage Costs

(Updates with the latest stock movement in the first paragraph and headline.)Robo.ai (AIIO) shares were up roughly 102% in Thursday trading after the company said its Neurovia AI unit has launched NeuroStream, a data compression platform aimed at reducing the cost and bandwidth demands of AI-driven visual data.The company said the technology can shrink large video files by up to 95% without compromising quality, enabling faster processing and lower storage costs for machine vision applications.NeuroStream uses vectorization and AI-based optimization to maintain resolution and frame rate while improving data efficiency, Robo.ai said. It is designed to work with existing video formats without requiring decompression software, it added.Robo.ai said the platform is suited for sectors such as autonomous driving, robotics and smart cities, where high volumes of visual data need to be processed in real time.Price: $5.52, Change: $+2.91, Percent Change: +111.49%

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