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. (AMST) delivers AI-powered solutions transforming education and healthcare operations through platforms like NurseMagic™ and advanced course design systems. This page provides centralized access to official news and press releases, offering stakeholders critical insights into the company's strategic direction.
Investors and industry professionals will find updates on product launches, financial performance, and partnerships. Our curated collection includes earnings announcements, technology innovations, and market expansion initiatives—all essential for understanding AMST's role in EdTech and HealthTech evolution.
Key content areas cover AI-driven educational tools, healthcare documentation advancements, and enterprise solution developments. Regular updates ensure you stay informed about AMST's progress in reducing administrative burdens through intelligent automation.
Bookmark this page for real-time access to Amesite's verified announcements. Check back frequently to monitor how their proprietary AI technology continues reshaping learning environments and healthcare workflows.
Amesite Inc. (NASDAQ: AMST) has launched NurseMagic™ pilot programs with five healthcare companies, collectively employing over 30,000 workers across 41 states in home care, hospice, and skilled nursing. The company estimates the app will significantly reduce costs and improve patient care. NurseMagic™ aims to make the healthcare workforce at least 30% more productive at less than 2% of wage costs.
The home healthcare sector, projected to grow from $100 billion to $176 billion by 2032, employs about 3.9 million U.S. workers with an annual growth rate of 21%. Amesite anticipates substantial quarter-to-quarter revenue increases from NurseMagic™. The app has already built a user base across all 50 U.S. states and six nations in just 8 weeks since its public launch.
Amesite Inc. (NASDAQ: AMST) reported a 27% increase in users for its NurseMagic™ app following social media promotions by influencer Nurse Hailey. The app debuted in the App Store, ranking #33 in the medical category for free tools. This growth comes after engagements with other influencers like Paige Slayton and Nurse Cynesse, who highlighted the app's capabilities in improving charting and documentation.
Madison Bush, Corporate Operations and Marketing Manager, emphasized the impact of influencer marketing and the app's utility. CEO Dr. Ann Marie Sastry noted the app's potential beyond its initial target of 5.2 million U.S. nurses, extending to over 3.9 million home health care professionals. NurseMagic™ has gained users from all 50 U.S. states and 6 nations within 8 weeks of its public launch, demonstrating strong market reception for Amesite's proprietary technology.
Amesite Inc. (NASDAQ: AMST) has signed a 5-year agreement with Maricopa Corporate College (MCOR) to provide professional learning programs. MCOR is part of the Maricopa County Community College District (MCCCD), one of the largest community college systems in the U.S. This marks Amesite's 7th college deal for its LCE platform, now spanning seven states and reaching over 200,000 learners annually.
The partnership aims to leverage Amesite's AI-powered solutions for workforce training and non-credit learning opportunities. MCCCD, Arizona's largest workforce developer, enrolls over 140,000 students annually and contributes $7.9 billion to Arizona's economy. Amesite's no-fee setup and ability to deliver low-cost, easily deployable programs were key factors in securing the deal.
Amesite Inc. (NASDAQ: AMST) reported significant growth for its NurseMagic™ app, launched publicly on June 5, 2024. Key highlights include:
- 830% user growth from June to July 2024
- Users from all 50 U.S. states and 6 nations
- 27+ nursing and healthcare-related professions represented
- Multiple weekly uses for various tasks including documentation and patient communication
- Translation services for patient interactions
- 93% accuracy on NCLEX prep questions
The app aims to reduce nurses' workload, potentially cutting shift work by over a third. With the AI healthcare market expected to reach $187 Billion by 2030, NurseMagic™ is positioning itself as an essential tool for the 5.2 Million U.S. nurses and potentially 12.3 Million healthcare professionals.
Amesite Inc. (NASDAQ: AMST), an AI software company offering cloud-based learning platforms, has released a video shareholder update on July 25, 2024. The update, presented by CEO Dr. Ann Marie Sastry, covers several key areas:
1. Progress on the new B2C app, NurseMagic™
2. B2C and B2B offerings and plans for revenue growth
3. Company infrastructure and ability to scale users
4. Financial standing
This update aims to provide shareholders with insights into Amesite's current operations, growth strategies, and financial position. The presentation is available on the company's investor relations website, offering transparency and communication with stakeholders.
Amesite Inc. (NASDAQ: AMST) has launched PREACTO™, an AI-powered safety and security app, in beta. Developed in collaboration with Chris Grollnek, a global active shooter expert, PREACTO™ offers tools for threat assessment, safe route planning, and emergency notifications. The app targets a broad audience, including Fortune 500 companies and government sectors, addressing the increasing focus on crime reduction in the U.S.
PREACTO™ features include RescueCall for swift emergency assistance, CrimeMap for real-time crime updates, SafeZone for risk assessments, SafePath for secure routing, WeaponSight for threat identification, and IncidentReporter for quick documentation. This launch follows Amesite's successful NurseMagic™ app, demonstrating the company's commitment to leveraging AI for safety and efficiency across various sectors.
Amesite Inc. (NASDAQ:AMST) has launched the Amesite Explorer Seminar 'AI for the Future', led by Dr. Wei Lu from the University of Michigan. This program aims to prepare high-achieving students for college admissions and tackle societal challenges using AI. The initiative taps into the $64 billion Educational Consulting and Training industry, expected to reach $115 billion by 2029. Amesite collaborates with college counselors and consultants to reach potential students. The seminar focuses on applying AI to areas like healthcare, climate change, and global conflict, offering students direct access to top faculty mentors. This unique approach positions Amesite in a growing market while providing valuable experiences for college-bound students.
Amesite announced that its NurseMagic™ app, designed for nursing professionals and students, now includes AI-powered document storage and study tools. This functionality allows users to upload and transcribe video and audio files into study materials, enhancing both work and school performance. The app, which supports all levels of nursing professionals, has been rapidly adopted and demonstrated a 93% accuracy rate on NCLEX prep questions. Users can instantly create transcripts, summaries, quizzes, and flashcards from various materials and share them easily. This innovation aims to streamline training and education in the nursing field, addressing challenges like nurse shortages and high turnover.
Amesite announced that its NurseMagic™ app achieved a 93% accuracy rate when tested against NCLEX test questions. This app, which has seen rapid adoption since its release, utilizes Amesite’s proprietary technology to assist nurses in real time. NurseMagic™ targets over 5.2 million US nurses, providing information ranging from patient care to clinical judgment.
The app's foundational model was tested with questions from two major NCLEX prep providers. Amesite's Senior AI Manager emphasized the use of highly-rated guides for comprehensive testing. CEO Dr. Ann Marie Sastry highlighted the support from nurse influencers with nearly 2 million followers in promoting the app.
NurseMagic™ aims to reduce stress and enhance professional performance for both practicing and student nurses.
Amesite (NASDAQ:AMST), an AI software firm specializing in cloud-based learning, announced a collaboration for its Amesite Explorer Seminars. These programs offer high school students direct mentorship from distinguished university faculty, facilitated through partnerships with professional college counselors.
Brian Bacon, an Independent Education Consultant, emphasized the importance of relationships in education, while Daniel Ryave, also an Independent Education Consultant, highlighted the value of expert mentorship. Amesite's VP of Sales, Brandon Owens, noted the trust families place in college counselors and the benefit of bespoke mentorship for student success.
The educational consulting market, estimated at $64 billion globally, is projected to grow to $115 billion by 2029. Amesite CEO Dr. Ann Marie Sastry reported a 100% retention rate in their high school programs, expressing optimism for the seminars' success and growth.
