Hitachi Shares Rally on Strategic Partnership with OpenAI

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surged 9.3%, its biggest jump since April, after signing an MoU with OpenAI on October 2. The collaboration will focus on energy, AI, and digital solutions, including Hitachi’s Lumada platform, power grids, cooling, and storage. Analysts expect the deal to strengthen Hitachi Energy, which contributed over 20% of adjusted EBITA last fiscal, while also opening new opportunities in data storage.