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Amesite Inc. - AMST STOCK NEWS

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.

Rhea-AI Summary
Amesite Inc. expands its partnership with Benedict College to offer a cloud-based learning platform for professional education and workforce training programs. The partnership aims to enhance the capability of approximately 180 associated member colleges and universities to deliver professional learning and generate revenue. Amesite's risk-free offering includes benefits such as ease of adoption, revenue generation, and brand leverage.
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Amesite Inc. releases a video shareholder update, highlighting its financial position, revenue, business model, AI-first practices, and strategy for efficiency and revenue growth.
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Amesite partners with The Graduate School of Wayne State University to deliver graduate-level programs
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Amesite Inc. expands partnership with Michigan Works! Southeast to launch 12 new AI courses in 2023
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Amesite Inc. announced that its Founder and CEO, Dr. Ann Marie Sastry, will give the opening keynote address at LD Micro's Main Event on October 2, 2023. She will also deliver a presentation on Amesite on October 3 and be available for 1:1 meetings with investors. The company's cloud-based learning platform is transforming learning, improving products, and reducing delivery costs.
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Amesite Inc. (AMST) renews its partnership with Central Michigan University, aiming to capitalize on the growing U.S. Continuing Education market. The market is expected to reach USD 93.25 billion by 2028, with a CAGR of 7.47%. Amesite's CEO Dr. Ann Marie Sastry emphasizes the company's advanced platform and technology as key drivers for sustainable university revenue and Amesite's growth.
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FAQ

What is the current stock price of Amesite (AMST)?

The current stock price of Amesite (AMST) is $5.11 as of December 20, 2024.

What is the market cap of Amesite (AMST)?

The market cap of Amesite (AMST) is approximately 12.9M.

What services does Amesite Inc. provide?

Amesite Inc. provides AI-driven online learning platforms and course design services to businesses, universities, colleges, and K-12 schools.

What is Amesite’s retention rate for paid learning experiences?

Amesite boasts a 98% retention rate for paid learning experiences, significantly higher than the industry average of 68-73%.

What recent partnerships has Amesite announced?

Recent partnerships include collaborations with Benedict College, Drake State Community and Technical College, and Franciscan Missionaries of Our Lady University.

What new products has Amesite launched?

Amesite has launched the NurseMagic™ app for nurses and a mobile safety application for Active Shooter Preparedness.

How does Amesite leverage AI in its platform?

Amesite uses Natural Language Processing (NLP) and generative AI models to offer student support and improve educational outcomes.

What is NurseMagic™?

NurseMagic™ is an AI-powered app designed for nurses, offering tools for daily tasks and continuous education, including job application support.

How is Amesite enhancing college admission prospects for students?

Amesite’s Explorer Seminars provide students with mentorship from top university faculty, helping them create original works and build significant relationships for college admissions.

Where is Amesite Inc. headquartered?

Amesite Inc. is headquartered in Detroit, Michigan.

What impact does Amesite’s technology have on learning?

Amesite’s AI-powered platform enhances learning by providing up-to-date content, 24/7 learner support, and scalable learning programs.

How can one learn more about Amesite’s offerings?

For more information about Amesite’s products and services, visit their website at https://amesite.com.

Amesite Inc.

Nasdaq:AMST

AMST Rankings

AMST Stock Data

12.90M
1.94M
29.21%
7.08%
1.44%
Software - Application
Services-prepackaged Software
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United States of America
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