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RIME Stock Surged Nearly 25% Today – What Is The Coca-Cola Connection?
Shares of Algorhythm Holdings (RIME) jumped nearly 25% today after its unit, SemiCab, secured a pilot program with Hindustan Coca-Cola Beverages in India. SemiCab’s AI-powered platform will assess its ability to reduce empty miles, improve delivery efficiency, and lower transportation costs for Coca-Cola India. This win adds to SemiCab’s existing partnerships with other major Indian brands like P&G India and Unilever India.