Robo.ai Shares Jump After Launch of NeuroStream Video Compression Platform
Robo.ai Inc. (NASDAQ:AIIO) saw its shares rise 67% in premarket trading after its subsidiary Neurovia AI formally released NeuroStream, a platform the company says dramatically reduces visual data file sizes using a bitmap vectorization algorithm. Company testing reported a 5.5GB 4K 60fps video compressed to 278MB, and NeuroStream is intended for d…