Wednesday December 27, 2023
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AI Innovations Worldwide Corp., a leader in AI, unveils a strategy to revolutionize the industry with strategic investments and cutting-edge R&D.
AI Innovations Worldwide Corp. (trading symbol: WSCO), dedicated to spearheading progress in the field of artificial intelligence, today announced its forward-looking strategy, highlighting the crucial role its team plays in catalyzes sectoral breakthroughs. With a focus on sound investment decisions, strategic company acquisitions and cutting-edge research, the company is changing the conventional narrative of AI development, assimilation and progression.
CEO Abhinav “Abe” Somani explains the company’s vision: “Our primary goal is to be at the forefront of the evolution of AI, with our team’s deep knowledge being key to achieving this. achieve. Our strategy is based on forming alliances and investing in companies that are leading the way in AI innovations, particularly in areas such as generative AI, deep learning and vision. by computer. Our approach aims to empower business creators and founders, providing a simpler alternative to traditional financing routes and providing a faster path to financial returns.
Highlighting the strengths of the AI Innovations Worldwide team, Somani notes: “Our investment in AI is supported by our team’s exceptional industry knowledge and commitment to the future. We are committed to developing ethical AI, aspiring to create meaningful social impact. Our strategy is to integrate AI into various industries to improve daily lives and business operations, supported by a team experienced in both the AI sector and financial dynamics.
The AI Innovations Worldwide team, led by Somani, a seasoned technology entrepreneur with a wealth of experience in investment banking and private equity at companies like Rothschild and ICV Partners, has a proven track record of growing businesses of AI technology over the past decade. Supported by two European family offices, the team brings together extensive practical experience in the emerging field of AI, as well as strong financial knowledge and a deep understanding of capital markets.
The company has formalized two letters of intent, with the aim of finalizing them in the first quarter of 2024, and is currently evaluating four other potential acquisition targets.
Formerly known as Wall Street Media Co. Inc., AI Innovations Worldwide currently operates under the symbol WSCO and is in the process of changing its symbol to GLAI, pending regulatory approval.
