Fubotv earnings beat by $0.10, revenue topped estimates
LONDON - Gorilla Technology Group Inc. (NASDAQ:GRRR) has reported an active global pipeline of approximately $5.6 billion across 87 distinct opportunities, according to a business update provided during an investor webinar on Thursday. The company’s strategic focus includes partnerships with industry leaders like NVIDIA, which according to InvestingPro data, commands a substantial $4 trillion market capitalization and maintains an excellent overall financial health score.
The AI infrastructure company stated it aims to close $1.3 billion in contracts by mid-2026, with agreements ranging from three to 15 years in duration. Several high-value opportunities have advanced to MOU stage or late-stage negotiations, according to the company.
Gorilla also announced it has become an official NVIDIA (NASDAQ:NVDA) solutions provider, leveraging NVIDIA’s AI frameworks, while continuing its partnership with Hewlett Packard Enterprise (NYSE:HPE). NVIDIA, which has achieved remarkable revenue growth of 86% over the last twelve months according to InvestingPro, continues to dominate the AI chip market. InvestingPro analysis reveals over 20 key insights about NVIDIA’s market position and growth potential, available in the platform’s comprehensive Pro Research Report.
The company highlighted ongoing expansion efforts, including U.S. growth initiatives focused on East Coast law enforcement and infrastructure opportunities. In Thailand, Gorilla reported being in final-stage negotiations for a smart education deployment that would affect over 6.5 million students.
Following a recent $105 million equity raise, Gorilla reported holding $108 million in cash and $16.5 million in low-interest debt. The company indicated these funds will support capital commitments required for performance and bid bonds on large-scale government contracts. For detailed financial analysis of companies in this sector, including comprehensive valuation metrics and peer comparisons, investors can access InvestingPro’s extensive database of over 1,400 detailed company reports.
Gorilla’s infrastructure platform, TerraStrata, currently holds $3.5 billion in assets, according to the press release statement.
The company’s ONE AMAZON initiative is scheduled to launch at New York Climate Week in September, with initial revenues expected in Q4 2025.
Gorilla Technology provides solutions across smart cities, national security, critical infrastructure, environmental intelligence, and healthcare initiatives in Southeast Asia, Latin America, the Middle East, and the United States.
In other recent news, Nvidia has captured attention with multiple developments. Mizuho suggests that Nvidia might see a positive catalyst from potential revenue growth in China, as CEO Jensen Huang plans to meet with Chinese officials. Nvidia is reportedly working on a new AI GPU chip designed to comply with U.S. export controls, which could be released as soon as September. Despite this, Mizuho notes that Nvidia has stopped including China AI-related revenue in its guidance due to regulatory challenges. Meanwhile, Goldman Sachs initiated coverage on Nvidia with a Buy rating and a $185.00 price target, citing the company’s leadership in accelerated computing and promising AI monetization prospects. In another development, Evercore ISI reiterated an Outperform rating on Vertiv Holdings, highlighting its role as a key partner in Amazon Web Services’ new liquid cooling solution. Huawei is also making moves to export AI chips to the Middle East and Southeast Asia, although no deals have been finalized yet. Finally, President Donald Trump has called for the Federal Reserve to lower interest rates, pointing to record highs in technology stocks, including Nvidia.
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