- 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.
What’s Going On With Amazon Shares
Amazon.com, Inc. (NASDAQ: AMZN) shares are trading lower by 1.63% to $103.73 Monday morning. The stock is potenitally falling amid downward momentum after the company last week said it is experiencing slower April cloud growth. AWS segment revenue grew at a slower pace year over year.
