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