AI × CryptoBullishBlockonomi · 4h ago7/10
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POET Technologies (POET) Stock Soars 30% Following Major Lumilens AI Agreement
POET Technologies stock jumped 30% following a $50M contract with Lumilens AI and a $400M capital raise, bringing the company's cash reserves to $825M. This funding positions POET to expand its production capacity tenfold, signaling confidence in demand for its AI infrastructure technology.