STOCK TITAN

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. (NASDAQ: AMST), a notable AI software company, has unveiled AI-generated content and narration features in its Version 6.0 platform. This development enhances their recently integrated GPT-4 capabilities, optimizing content creation for educational and business sectors. CEO Dr. Ann Marie Sastry highlighted the transformation in instructional design through AI, emphasizing its role in making education more accessible and cost-effective. The new features were effectively demonstrated in a free course on ChatGPT, showcasing efficient content generation and user learning support. The course now includes AI-narrated videos, produced using advanced AI technologies, marking a significant innovation in online learning.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.03%
Tags
none
-
Rhea-AI Summary

Amesite Inc. (NASDAQ:AMST) is addressing the urgent need for workforce upskilling and reskilling due to rapid technological changes accelerated by the pandemic. A recent report indicates that 59% of learning and development experts prioritize aiding employees in adapting to new technologies. To meet this demand, Amesite has expanded its partnership with the National Association for Equal Opportunity in Higher Education (NAFEO), incorporating 12 additional colleges and universities, aiming to provide economic mobility support and innovative educational solutions. With the integration of advanced AI technologies like GPT-4, Amesite enhances its learning management systems, enabling universities to scale their educational offerings effectively. The company also highlights successful collaborations with organizations like EWIE Group of Companies, facilitating efficient training solutions globally.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.34%
Tags
none
-
Rhea-AI Summary

Amesite Inc. (NASDAQ: AMST) announces that its Founder and CEO, Dr. Ann Marie Sastry, will participate as a panelist at the National Action Network 2023 Convention on April 14, 2023. The panel, focused on empowering Black students for academic success, features various educational leaders, including NAFEO CEO Dr. Lezli Baskerville. The discussion will highlight the need for improved infrastructure for Historically Black Colleges and Universities (HBCUs) in digital learning. Amesite aims to leverage artificial intelligence to enhance educational outcomes. In addition, Amesite has expanded its alliance with NAFEO to include 12 universities and launched a new V6 platform that utilizes GPT-4 technology for enhanced learning experiences, alongside a free ChatGPT course for public access.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.21%
Tags
none
Rhea-AI Summary

Amesite Inc. (NASDAQ: AMST), a leader in AI software for education and business, announces that its Founder and CEO, Dr. Ann Marie Sastry, will attend the ASU+GSV Summit from April 17 to 19, 2023. The event provides a platform for discussing AI's impact on learning management systems (LMS). Amesite recently launched its V6 platform, which integrates GPT-4 powered capabilities for enhanced learning and training experiences. Additionally, Amesite offers a free ChatGPT course on its platform, with registration open now. Designed for universities, businesses, and government agencies, Amesite's customizable online learning platform delivers comprehensive solutions combining eCommerce, analytics, and administration. Visit www.amesite.io for more information.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
35.41%
Tags
conferences
-
Rhea-AI Summary

Amesite Inc. (NASDAQ: AMST) has launched its Version 6.0 platform, which incorporates advanced AI capabilities powered by GPT-4, enhancing AI-assisted learning for users. Customers reaching 10,000 monthly active users will receive two custom AI features at no additional cost, including educational games and interactive experiences. CEO Dr. Ann Marie Sastry emphasized that generative AI is transforming learning, with the new platform boasting over 99% retention for paid experiences. The global AI in education market is projected to grow at a 36% CAGR until 2030, highlighting significant potential for Amesite's offerings in the evolving educational landscape.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
79.69%
Tags
none
-
Rhea-AI Summary

Amesite (NASDAQ: AMST) has expanded its collaborative alliance with the National Association for Equal Opportunity in Higher Education (NAFEO), welcoming new member universities, including Alabama State University and Clark Atlanta University. The NAFEO-Amesite HBCU Alliance now supports over 700,000 enrolled students through the Center for Opportunity, Excellence, and Equity (COEE). NAFEO is launching a $30 million fundraising initiative for online learning resources. The alliance aims to deliver affordable eLearning opportunities and enhance workforce development. CEO Dr. Ann Marie Sastry emphasized the integration of generative AI technology to boost the platform's capabilities.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.75%
Tags
none
Rhea-AI Summary

Amesite Inc. (NASDAQ: AMST) announced on March 15, 2023, that it has achieved COPPA and FERPA compliance for its cloud-based learning platform, enhancing its ability to serve K-12 markets across 16,800 school districts in the U.S., educating approximately 49.5 million learners. This compliance allows Amesite and its partners to drive multimillion-dollar revenue opportunities through subscription-based learning products. CEO Dr. Ann Marie Sastry emphasized that the compliant platform enables diverse organizations, including non-profits, to expand their educational offerings funded by donors and government support. The company continues to leverage innovations to boost scalability.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.16%
Tags
none
-
Rhea-AI Summary

Amesite Inc. (NASDAQ: AMST) announced on March 13, 2023, that it does not maintain any cash or accounts with Silicon Valley Bank (SVB) and has no business relationship with the bank. The company, known for its cloud-based learning platform that boasts a 99% learner retention rate, provides customizable solutions for businesses, educational institutions, and government agencies. Amesite recently integrated with GPT-3 technology, enhancing its AI-driven learning capabilities. The firm aims to capture significant market share in the online learning sector, valued in the billions, by offering a comprehensive system that incorporates eCommerce, instruction, and analytics.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.21%
Tags
none
-
Rhea-AI Summary

Amesite Inc. (NASDAQ: AMST) has announced that it has regained compliance with Nasdaq's listing requirements after meeting the minimum bid price of $1.00 per share for 10 consecutive trading days. This confirmation from Nasdaq follows a previous non-compliance notification on March 8, 2022. Dr. Ann Marie Sastry, CEO of Amesite, expressed satisfaction with this achievement, emphasizing the company's focus on increasing revenue and leveraging generative AI to enhance platform capabilities and customer efficiency. Amesite's online learning platform serves various sectors, including education and business.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.68%
Tags
none
Rhea-AI Summary

Amesite Inc. (NASDAQ: AMST) announced the launch of a pilot upskilling program with Benedict College, leveraging its advanced AI learning platform. This initiative, part of the NAFEO-Amesite Alliance, aims to address technology upskilling needs across various academic disciplines. The project underscores Amesite's commitment to providing scalable education solutions, as emphasized by leadership from both institutions.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.63%
Tags
none

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
Link
United States of America
ANN ARBOR