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BlackBerry rises 4% on a pact with AMD

Published 04/09/2024, 08:19 AM
Updated 04/09/2024, 08:20 AM
© Reuters.  BlackBerry (BB) rises 4% on a pact with AMD
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Blackberry Ltd. (BB) stock is up 4.17% to trade at $3 in Tuesday’s premarket session on the announcement of a collaboration with Advanced Micro Devices (NASDAQ:AMD) to revolutionize next generation robotic systems by providing real-time capabilities in robotics-focused hardware.

According to a statement from Blackberry, the platform will combine Blackberry’s QNX expertise in real-time foundational software solutions and the QNX Software Development Platform (SDP) with heterogeneous hardware solutions powered by the AMD Kria™ K26 SOM that features both Arm® and FPGA programmable logic-based architecture.

With Kria, an Arm® sub-system can power the advanced capabilities of the QNX microkernel real-time operating system (RTOS) while allowing users to run low latency, deterministic functions on the programable logic of the AMD Kria KR260 robotics starter kit.

"These are crucial attributes for industries carrying out finely tuned operations, such as the fast-growing industries of autonomous mobile robots and surgical robotics. Together with AMD, we are committed to driving technological advancements that address some of these most complex challenges and transform the future of the robotics industry," said Grant Courville, VP Product & Strategy at BlackBerry (NYSE:BB) QNX.

Speaking about the collaboration, Chetan Khona, senior director of Industrial, Vision, Healthcare and Sciences Markets, AMD added, "Combining the industry-leading strengths of AMD and QNX will provide a foundation platform that opens new doors for innovation and takes the future of robotics technology well beyond the constraints experienced until now."

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