Welcome to our dedicated page for AI / ML INNOVATIONS news (Ticker: AIMLF), a resource for investors and traders seeking the latest updates and insights on AI / ML INNOVATIONS stock.
AI/ML Innovations Inc. (AIMLF) is a pioneering company in the artificial intelligence (AI) and machine learning (ML) sectors, dedicated to acquiring and advancing technologies that address critical societal needs. Established to capitalize on the burgeoning fields of AI and ML, the company focuses on emerging digital health and wellbeing solutions that leverage AI, cloud computing, and digital platforms to revolutionize healthcare management.
AI/ML Innovations Inc. is committed to transforming healthcare through strategic partnerships and innovative initiatives. Its majority-owned subsidiary, Health Gauge Inc., is at the forefront of health tech innovation. Health Gauge has developed the ‘Follow Your Heart’ smartwatch, a wellness tool that uses proprietary AI PrecisionPulse Neural Network measurement technology to provide non-invasive, medical-grade accurate blood pressure readings. This product is a significant step forward in addressing the hypertension epidemic, offering users convenient and precise health monitoring.
In addition to consumer products, AI/ML Innovations Inc. supports healthcare innovators and researchers with advanced tools like The Pulse Guru, a smart sensor wearable that offers unparalleled access to raw ECG and PPG signal data. This device is instrumental for professionals needing detailed cardiovascular insights.
The company’s strategic growth also includes a recent acquisition of Naiad Labs Inc.’s product division, integrating the Long ECG Neural Net, which drastically reduces the time needed to label long ECGs, enhancing accuracy and efficiency in cardiovascular diagnostics.
AI/ML Innovations Inc. continues to expand its technological footprint with the launch of NeuralCloud Solutions Incorporated, a subsidiary focused on merging smart sensor technology with digital health. The company aims to make high-quality personal biometric data accessible to individuals globally, supported by robust AI and neural network technologies.
AI/ML Innovations Inc. trades on the Canadian Securities Exchange under the symbol AIML, the OTCQB Venture Market under AIMLF, and the Frankfurt Stock Exchange under 42FB. For more information, visit the company's website.
AI/ML Innovations Inc. (CSE:AIML, OTCQB:AIMLF) has partnered with Tech2Health to secure three multi-year contracts, projecting potential revenues of US$5 million over three years. These contracts allow access to 300,000 potential users for digital mental health services. Tech2Health will provide services like Qookka Live to major corporations and insurance providers in France, enhancing mental wellness support. This rapid commercialization within a month of product launch reflects a growing market for mental health services.
AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF) has announced its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the U.S. This DTC eligibility enhances liquidity and accessibility for investors, allowing broader trading options across various brokerage firms. Tim Daniels, Chairman, emphasized the importance of this milestone for increasing stock liquidity and strengthening the company’s presence in U.S. markets. AIML is pursuing additional strategies for enhancing investor access, including potential up-listings.
AI/ML Innovations Inc. (CSE:AIML, OTCQB:AIMLF) issued a correction regarding its contract with Volt Strategic Partners Ltd.. Initially, the company announced that Volt Strategic would provide market-making services, but clarified that Venture Liquidity Providers Inc. (VLP) is the actual market-maker. VLP's services, providing orderly trading for AIML shares, will cost $5,000 monthly for three months. Additionally, AIML will pay Volt Strategic $5,000 monthly for six months. Both agreements have termination clauses. AIML granted stock options for up to 100,000 shares at $0.80 per share.
AI/ML Innovations Inc. (CSE:AIML, OTCQB:AIMLF) announced that its subsidiary Health Gauge has been selected for several prestigious US-based Accelerator Programs aimed at advancing digital health technology. Executive Chairman Tim Daniels highlighted this selection as a validation of Health Gauge's innovative technology. The programs include MATTER.health in Chicago, CELS-SFO in Silicon Valley, and Newchip in Austin, which provide invaluable networking opportunities and resources to enhance market presence. Health Gauge combines wearable health monitors with cutting-edge AI for improved healthcare outcomes.
AI/ML Innovations Inc. (CSE:AIML)(OTCQB:AIMLF) has retained Volt Strategic Partners as a capital markets advisor and market-maker to enhance liquidity and orderly trading of its shares. The deal includes $5,000 monthly payments for six months, 50,000 stock options, and $75,000 worth of shares at market value. Additionally, TDM Financial will provide marketing solutions for $30,000 until October 27, 2021. These partnerships aim to grow the company’s value in the AI and digital healthcare sectors, following its acquisition of a 70% stake in Health Gauge.
AI/ML Innovations Inc. (CSE:AIML, OTCQB:AIMLF) announced the launch of The Phoenix, a new wearable health monitoring device by its subsidiary Health Gauge. This advanced product features comprehensive health analytics including blood pressure, heart rate, and sleep monitoring, alongside new capabilities like blood-oxygen sensing and improved battery life. Priced at CAD$150, The Phoenix is designed to enhance user health management and is available for immediate purchase. The product launch coincides with the inventory depletion of the prior model, The Genesis.
AI/ML Innovations Inc. (CSE:AIML, OTCQB:AIMLF) announced a strategic partnership between its subsidiary, Health Gauge, and Lenica Research Group, aimed at enhancing athletic performance through the Peak Cognition platform. The partnership will integrate Health Gauge's advanced health monitoring technology with Lenica's VR-enhanced training tools. The commercial launch is set for July 1, having experienced delays due to the pandemic. The collaboration also targets cognitive training for patients recovering from brain injuries, showcasing a dual focus on both athletic and health market applications.
AI/ML Innovations (CSE:AIML) announces a partnership between its subsidiary Health Gauge and the University of Alberta's ST Innovations to validate data sets for FDA 510k and Health Canada submissions. The collaboration aims to enhance the accuracy of the Phoenix wearable device for monitoring various health metrics. This initiative focuses on refining AI training data through research volunteer monitoring to validate the device's performance compared to conventional methods.
AI/ML Innovations Inc. (CSE:AIML, OTCQB:AIMLF) announced the appointment of Dave Cross as Chief Financial Officer, emphasizing his extensive experience in public accounting. Cross's role is expected to enhance the company's management team as it advances its AI platform commercialization. The company has also engaged Winning Media for strategic digital media services, with a contract worth $250,000 USD for six months. The transition follows the departure of outgoing CFO Vic Hugo, marking a strategic shift in AIML's operational focus.
AI/ML Innovations Inc. has announced that FINRA has approved a change of its stock trading symbol to AIMLF, effective immediately. Previously, the symbol was FIRZF. This change facilitates the trading of the company's shares on the OTCQB Market. AI/ML Innovations is focused on acquiring and advancing technologies utilizing artificial intelligence and machine learning to address urgent societal needs. Its current acquisition strategy emphasizes the digital healthcare sector through its ownership of Health Gauge.
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