Wednesday, December 27, 2023
AI Innovations Worldwide Corp., a leader in AI, unveils a strategy to revolutionize the sector with strategic investments and cutting-edge R&D.
AI Innovations Worldwide Corp. (Trading Symbol: WSCO), dedicated to spearheading progress in the artificial intelligence domain, announced its forward-looking strategy today, underscoring the crucial role its team plays in catalyzing sectoral breakthroughs. With a focus on shrewd investment decisions, strategic company acquisitions, and cutting-edge research, the firm is altering the conventional narrative in AI’s development, assimilation, and progression.
The CEO, Abhinav “Abe” Somani, elucidates the company’s vision: “Our foremost objective is to be at the forefront of AI’s evolution, with our team’s deep knowledge being key to achieving this. Our strategy hinges on forming alliances with, and investing in, enterprises that are leading the way in AI innovations, particularly in areas like generative AI, deep learning, and computer vision. Our approach seeks to empower originators and business founders, providing a more streamlined alternative to traditional funding avenues and offering a quicker route to financial returns.”
In highlighting the team’s strengths at AI Innovations Worldwide, Somani notes, “Our investment in AI is supported by our team’s exceptional industry insight and their commitment to the future. We are devoted to developing ethical AI, aspiring to create meaningful social impact. Our strategy involves embedding AI in various industries to improve daily life and business operations, backed by a team well-versed in both the AI sector and financial dynamics.”
The team at AI Innovations Worldwide, led by Somani, a seasoned technology entrepreneur with a rich history in investment banking and private equity at firms like Rothschild and ICV Partners, has a proven record in growing AI technology businesses over the last decade. Supported by two European family offices, the team brings together extensive practical experience in the emerging field of AI, along with robust financial insight and a thorough comprehension of the capital markets.
The company has formalized two intent letters, aiming to finalize them in the first quarter of 2024, and is currently assessing four more potential acquisition targets.
Formerly known as Wall Street Media Co. Inc., AI Innovations Worldwide currently operates under the ticker WSCO and is in the process of changing its ticker to GLAI, pending regulatory approval.
Tags: AI
Thursday, December 28, 2023
Thursday, December 28, 2023
Thursday, December 28, 2023
Thursday, December 28, 2023
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