Gorilla Technology Group (NASDAQ: GRRR) announced an expansion of its partnership with Yotta Data Services to deploy an additional 20,736 GPUs in India by September 30, 2026, as part of a $2.8 billion project. This builds on an initial agreement to deploy 640 NVIDIA HGX B200 servers with over 5,000 GPUs, expected to generate over $500 million in revenue over five years. The expansion reinforces Gorilla's position in India's AI infrastructure market.

The article highlights three undervalued tech stocks trading below $15: UiPath (PATH), which is pivoting to agentic AI with strong profitability; Gorilla Technology (GRRR), an AI video analytics company with 35.7% revenue growth; and Duos Technologies (DUOT), an AI-driven rail inspection company with explosive 270% revenue growth. UiPath is recommended as the safest pick due to profitability, while Duos is suggested for risk-tolerant investors seeking long-term value.

Multiple companies are set to report earnings during the holiday-shortened week of March 30, 2026. Key reports include Rezolve AI on Monday, Virgin Galactic and Gorilla Technology on Monday after-hours, Nike on Tuesday after-hours, Tilray Brands on Wednesday, and Nauticus Robotics on Thursday. Nike faces scrutiny over China demand weakness and tariffs, while Virgin Galactic is expected to report continued losses.

Gorilla Technology Group's stock is rising after securing significant contracts in Asia, including a multi-million dollar 5G AI platform contract with a sovereign government and a $1.4 billion three-year contract with Freyr to develop AI-powered data centers in Southeast Asia.

Pomerantz LLP is investigating claims on behalf of investors of Gorilla Technology Group, Inc. (GRRR) following a short report by The Bear Cave that identified purported 'red flags' at the company, causing a significant drop in its stock price.

Net Power Inc. reported a decrease in cash and cash equivalents, leading to a 31.46% drop in its stock price. The company also announced the departure of its President, COO, and CFO, causing a further 5.75% decline in the stock price.

Pomerantz LLP is investigating claims on behalf of investors of RH, Horizon Technology Finance Corporation, and Gorilla Technology Group, Inc. due to concerns about potential securities fraud or other unlawful business practices.

Gorilla Technology Group, a global technology solutions provider, has appointed Keith Levy, a former executive at Bank of America, to its Board of Directors. Levy's extensive experience in the financial sector is expected to contribute to Gorilla's innovation and growth.

LONDON, June 14, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla” or the “Company”) (NASDAQ: GRRR), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today announced that Chairman and CEO Jay Chandan will participate in a live Water Tower Research Fireside Chat Series on Thursday, June 20 at 11 am ET.

LONDON, June 13, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (NASDAQ: GRRR) (“Gorilla” or the “Company”) today released a letter to its stockholders. The letter follows:

LONDON, June 07, 2024 (GLOBE NEWSWIRE) -- Gorilla Technology Group Inc. (“Gorilla” or the “Company”) (NASDAQ: GRRR), a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence, and IoT technology, today announced that it has entered into securities purchase agreements with existing institutional investors for the purchase and sale of 2,142,858 ordinary shares of the Company and warrants to purchase up to 2,142,858 ordinary shares pursuant to a registered direct offering (the “Offering”) at a combined purchase price of $5.60 per ordinary share and accompanying warrant to purchase ordinary shares. The warrants will have an exercise price of $5.90 per share, will be immediately exercisable upon issuance and will expire 5 years from issuance. The gross proceeds to Gorilla from this Offering, before deducting the placement agents’ fees and other offering expenses, will be approximately $12 million.

Here is how Qifu Technology, Inc. (QFIN) and Gorilla Technology Group Inc. (GRRR) have performed compared to their sector so far this year.