- Sony Group Corporation’s (NYSE:SONY) subsidiary, Sony Semiconductor Solutions Corporation (SSS), is making a strategic investment in computing company Raspberry Pi Ltd (RPL). The financial terms were not disclosed.
- The minority investment will enable a development platform for SSS’s edge AI devices to Raspberry Pi users.
- Sony’s AITRIOS platform supports the development of diverse solutions utilizing AI devices.
- “Our goal is to provide new value to a variety of industries and support them in solving issues using our innovative edge AI sensing technology built around image sensors,” said Terushi Shimizu, President and CEO of Sony Semiconductor Solutions.
- Price Action: SONY shares closed higher by 0.45% at $88.91 on Tuesday.
RBC Capital Maintains Outperform on Brookfield Asset Mgmt, Raises Price Target to C$40
RBC Capital analyst Geoffrey Kwan maintains Brookfield Asset Mgmt (TSX:BAM) with a Outperform and raises the price target from C$35 to C$40.
