Welcome to our dedicated page for Amesite news (Ticker: AMST), a resource for investors and traders seeking the latest updates and insights on Amesite stock.
Amesite Inc. (NASDAQ: AMST) is a leading artificial intelligence (AI) software company headquartered in Detroit, Michigan, specializing in innovative online learning solutions. Amesite’s AI-driven platform and course designer rapidly deliver customized, high-performance, and scalable online products for educational institutions and businesses. The company serves a diverse range of clients including businesses, universities and colleges, and K-12 schools.
Amesite's mission is to enhance learning experiences and outcomes through advanced AI technology. Their platform leverages cutting-edge AI features such as Natural Language Processing (NLP) and generative AI models to offer student support and drive improved educational results. The platform supports a wide array of programs, ranging from technology upskilling and professional development to cohort-based and self-paced learning modules.
One of the company's notable achievements is maintaining a retention rate of 98% for paid learning experiences, significantly surpassing the industry average of 68-73%. This remarkable retention rate underscores the efficacy of Amesite’s programs in engaging and retaining learners.
Recent news highlights Amesite’s dynamic growth and impact:
- February 2024: The company reported a 169% increase in meetings and a 118% rise in sales opportunities following a pivot to a no-setup fee offer with no minimums.
- March 2024: Amesite launched a mobile safety application for Active Shooter Preparedness, developed with expert Chris Grollnek, marking a significant expansion into the safety training market.
- April 2024: The beta release of NurseMagic™, an AI-powered app for nurses, provides tools for professional tasks and continuous education, reflecting Amesite's entry into the B2C AI app market.
- May 2024: Amesite announced a five-year partnership with Franciscan Missionaries of Our Lady University to deliver healthcare training programs, expanding their impact in the healthcare sector.
Amesite also introduced Explorer Seminars, designed to help students engage with faculty from top institutions and enhance their college admissions prospects. The company's innovative solutions, strategic partnerships, and continuous technological advancements position Amesite as a formidable leader in the AI-driven ed-tech space.
For more information, visit https://amesite.com.
Amesite (Nasdaq: AMST) announced plans for a "best efforts" underwritten public offering of its common stock. The offering's size and terms remain uncertain, contingent on market conditions. Proceeds will be allocated for general corporate purposes and working capital. Laidlaw & Company (UK) Ltd. is the sole book-running manager for this offering. The company had previously filed a shelf registration statement with the SEC, which was declared effective on November 1, 2021.
Amesite (Nasdaq: AMST) announced its successful migration to Microsoft Azure, completing the transition in just two months. This migration led to a 60% increase in delivery speeds, allowing Amesite to provide scalable, branded services to customers within 24 hours. CEO Dr. Ann Marie Sastry highlighted the importance of Azure's tools in enhancing scalability, security, and speed for customers. Amesite focuses on delivering effective online learning systems powered by artificial intelligence for various sectors, including businesses and government agencies.
Amesite Inc. (Nasdaq: AMST) announced a partnership with the Innovation Foundation, founded by Cathie Wood, to utilize Amesite's online learning platform for educational initiatives. The platform aims to prepare students and teachers for changes driven by technological innovation. Cathie Wood emphasized the need for innovative teaching methods, while Amesite's CEO highlighted the alignment of their technology with the foundation's mission. Reports from Ernst & Young and Deloitte noted the efficiency and shareholder returns of SaaS models, underscoring Amesite's strategic advantage in the evolving educational landscape.
Amesite Inc. (NASDAQ: AMST), a leader in AI-driven online learning, announces that CEO Dr. Ann Marie Sastry will present at Benzinga All Access on January 21, 2022, at 9:40 AM ET. Dr. Sastry plans to discuss Amesite's scalable platform designed for businesses, education, government, and nonprofits, highlighting a 10x revenue growth from 2020 to 2021. As eLearning revenue is projected to reach $1 trillion by 2027, Amesite aims to capitalize on this growth. For more details, visit Amesite's website.
Amesite (NASDAQ: AMST) has announced a partnership with The Ronald Reagan Presidential Foundation and Institute (RRPFI) to deliver eLearning through the Reagan Academy, set to launch publicly on February 18, 2022. The partnership aims to utilize Amesite's advanced AI-driven learning platform to provide accessible and engaging educational programs, promoting individual liberty and economic opportunity. RRPFI selected Amesite for its scalability, security, and ability to meet complex educational needs, reflecting Amesite's commitment to advancing global learning impact.
Amesite Inc. (NASDAQ: AMST) will present at the Sidoti Fall Virtual Investor Conference on December 8, 2021, at 10 AM ET. The company's founder and CEO, Dr. Ann Marie Sastry, will also hold one-on-one meetings with investors on December 8 and 9. Registration is free and open to everyone, not just Sidoti clients. Amesite is recognized for its AI-driven online learning platform and content creation services targeted at various sectors, including business and education.
Amesite (NASDAQ: AMST) announces that its Founder and CEO, Dr. Ann Marie Sastry, will present at the Zooming with LD virtual event on December 1, 2021, at 10:00 AM ET. The presentation will highlight Amesite's AI-driven learning platform and its growth, with a reported revenue increase of 10x from 2020 to 2021. The company is well-positioned in the eLearning market, expected to reach $1T by 2027. For further details, attendees can watch the live presentation here.
Amesite (NASDAQ: AMST) will present a video shareholder update on November 18, 2021, at 5:00 PM ET. The update will cover key topics such as the company's financial position, recent customer acquisitions, and efforts in ESG and DE&I. CEO Dr. Ann Marie Sastry will lead the presentation, emphasizing the company's advancements in the ed-tech and AI-driven online learning sectors.
On November 16, 2021, Amesite Inc. (NASDAQ:AMST) announced that its founder and CEO, Dr. Ann Marie Sastry, will present at the Diamond Equity Research Emerging Growth Invitational at 11:40 AM ET. During the presentation, Dr. Sastry will discuss Amesite's innovative AI-driven learning platform, which is set to transform online education. The online learning market is projected to reach $370 billion by 2026, indicating significant growth opportunities for the company. Dr. Sastry believes that artificial intelligence will be pivotal in achieving accessible and effective learning experiences.
Amesite Inc. (NASDAQ: AMST) announced the successful completion and expansion of educational programs for the College of Engineering at Wayne State University. The C2 Pipeline initiative, which transitioned to virtual formats during the pandemic, focuses on STEM and healthcare training for high school students. With 100% retention in technical programs, Amesite's platform has been integral to delivering impactful educational experiences. The global online education market is projected to reach $319 billion by 2025, highlighting significant growth in digital learning needs.
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