Peak Hours News
  • Investing
  • Stock
  • Economy
  • Editor’s Pick
Stock

BlackBerry stock rises on Microsoft collaboration

by January 6, 2025
written by January 6, 2025

Investing.com — Shares of BlackBerry Limited (NYSE: NYSE:BB) (TSX: BB) climbed 9% following the announcement of a partnership between its QNX division and Microsoft (NASDAQ:MSFT) to expedite the development of Software-Defined Vehicles (SDVs).

The collaboration is set to integrate the QNX Software (ETR:SOWGn) Development Platform (SDP) 8.0 with Microsoft Azure, a move that will offer developers a robust cloud environment to innovate and refine automotive and Internet of Things applications. The initiative aims to streamline the creation, testing, and integration of software essential for the next wave of automotive technology.

BlackBerry’s Chief Operating Officer, John Wall, emphasized the significance of a cloud-first approach to remain competitive in the development infrastructure. The joint effort with Microsoft is expected to incorporate Microsoft Azure AI to support advanced technology early in the development cycle. This strategy is designed to speed up development timelines, reduce risks, and enable automakers to harness the cloud’s scale and velocity for development.

Microsoft’s Corporate Vice President, Dayan Rodriguez, reiterated the collaboration’s role in empowering the automotive industry with advanced technology to foster innovation. The synergy of Microsoft Azure’s capabilities with QNX’s expertise is anticipated to help Original Equipment Manufacturers (OEMs) fulfill the potential of Software-Defined Vehicles.

The partnership announcement also included future plans to expand the solution to encompass the QNX Hypervisor and the new QNX Cabin. This innovative reference architecture will permit OEMs to develop digital cockpits that are hardware agnostic using cloud technology.

At the upcoming CES 2025, QNX will showcase how developers can leverage the QNX Software Development Platform (SDP) 8.0 on Azure for early software testing and validation, which is crucial for identifying and addressing issues promptly during the development phase. This demonstration is expected to highlight the practical benefits of the collaboration for automakers and developers alike.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com

0 comment
0
FacebookTwitterPinterestEmail

previous post
CNX Resources stock tumbles on tax credit concerns
next post
Guggenheim shuffles software stock ratings

You may also like

Adani, Ambani news units sue OpenAI over copyright,...

January 27, 2025

China’s DeepSeek sets off AI market rout

January 27, 2025

BASF results down on impairments, restructuring

January 27, 2025

European chipmakers slump as traders gauge DeepSeek AI...

January 27, 2025

Nasdaq futures tumble as China’s AI push rattles...

January 27, 2025

Italy’s MPS shares fall ahead of Mediobanca board...

January 27, 2025

Fuji Media, rocked by sexual misconduct allegations, says...

January 27, 2025

China Vanke’s CEO, chairman resign amid growing liquidity...

January 27, 2025

UMG shares rally after new multi-year pact with...

January 27, 2025

British Land stock drops following stake sale

January 27, 2025
Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.









    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • How billionaire Caltagirone could influence Italy’s banking M&A wave

      July 8, 2025
    • How billionaire Caltagirone could influence Italy’s banking M&A wave

      July 7, 2025
    • Is a Chinese chain’s blood orange cold brew the future of coffee in America?

      July 7, 2025
    • How billionaire Caltagirone could influence Italy’s banking M&A wave

      July 6, 2025
    • How billionaire Caltagirone could influence Italy’s banking M&A wave

      July 5, 2025

    Categories

    • Economy (507)
    • Editor's Pick (10)
    • Investing (913)
    • Stock (798)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: peakhoursnews.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Back To Top
    Peak Hours News
    • Investing
    • Stock
    • Economy
    • Editor’s Pick