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) has renewed its contract with EWIE Group of Companies (EGC) for a third year. EGC, a leader in commodity management and supply chain optimization, has been using Amesite's AI-powered cloud-based learning platform to upskill its global workforce. The partnership has resulted in 189 active courses across 11 countries, yielding an average learner score of 94% against a 70% target. EGC's Quality Assurance Manager, Kasey Braun, commended Amesite’s technology and global support. Amesite's CEO, Dr. Ann Marie Sastry, highlighted the benefits of real-time, on-demand training enabled by AI, which reduces costs and improves performance. The eLearning market is projected to reach $240.9 billion by 2027.
Amesite announced CEO Dr. Ann Marie Sastry will be a panelist at the Mackinac Policy Conference on May 30, 2024. The session, themed 'Bridging the Future Together,' aims to foster collaboration in an AI-driven world. Key participants include Alex Rampell of Andreessen Horowitz, Varun Krishna of Rocket Companies, Greg Williams of Acrisure, and moderator KC Crain of Crain Communications. Dr. Sastry emphasized AI's rapid impact on business, healthcare, and education. The conference, featuring top leaders such as the U.S. Secretary of Commerce and the Governor of Michigan, will cover themes critical to Michigan's future.
Amesite, a leading AI software company, has launched its Explorer Seminars aimed at top high school students. These seminars provide direct engagement with faculty from prestigious universities, offering mentorship and guidance on significant societal issues.
The initiative aims to enhance college admissions by helping students create original work and build meaningful relationships with educators. The seminars will be delivered through Amesite's advanced tech platform, which boasts a 96-98% retention rate for all learners and 100% for K-12 learners, leveraging AI to ease administrative tasks for faculty.
Amid rising college application volumes and declining acceptance rates, these seminars are designed to help students stand out. Ted Spencer, former Head of Admissions at the University of Michigan, emphasized the value of faculty evaluations in competitive college admissions. CEO Dr. Ann Marie Sastry highlighted the program's commitment to excellence and innovation in education.
Amesite Inc. (NASDAQ: AMST) has introduced a suite of AI-powered job application tools on the NurseMagic™ app to aid over 5.2 million nurses in finding new jobs. These tools include NurseResumeBuilder, NurseCoverLetter, NurseProfiler, and NurseJobCorrespondence. The company aims to support nurses in securing positions that match their skills and career goals, leveraging AI technology to create tailored resources.
Amesite Inc. (NASDAQ: AMST) announces a 5-year partnership with Franciscan Missionaries of Our Lady University to deliver healthcare training programs for healthcare professionals. The partnership will offer training in various subjects such as leadership, quality improvement, healthcare finance, nursing CNE, physical therapy education, ethics in medicine, and CME. FranU aims to provide dynamic, cutting-edge education to healthcare professionals using Amesite's AI technology. This partnership marks the sixth win for Amesite since introducing a no setup-fee plan, driving revenue and impact for both organizations.
Amesite Inc. (NASDAQ: AMST) announced the launch of AI and technical training programs with Volunteer State Community College to meet workforce development needs. The partnership aims to deliver online professional development training programs to support learners and industries in adapting to AI technology. Amesite's collaboration with Vol State reflects their commitment to workforce readiness and economic success, leveraging AI and technology skills in a rapidly changing global workforce landscape.
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