Spire Global surges on Nvidia partnership

Spire Global

19/03/2024 19:15

** Shares of satellite operator Spire Global  SPIR.N  jump 
33.5% to $16.39
    ** Co announces collaboration with chip designer Nvidia
 NVDA.O  to advance AI-driven weather prediction
    ** SPIR set for best day since going public, shares hit
highest at $19.40 in almost 2 years  
    ** "Spire's Radio Occultation (RO) data and proprietary data
assimilation (DA) capabilities will be integrated with Nvidia
Earth-2 Cloud APIs to leverage AI to accelerate climate and
weather predictions"- co says
    ** SPIR shares have risen 113.3% in 2024, including today's
session

 (Reporting by Harshita Mary Varghese in Bengaluru)
 ((HarshitaMary.Varghese@thomsonreuters.com))