Amesite Inc. - AMST STOCK NEWS

Amesite Inc. (NASDAQ: AMST) announced a 1-for-12 reverse stock split effective February 22, 2023, to comply with Nasdaq's minimum bid price requirement. The decision was approved by stockholders on February 15, 2023. After the split, there will be approximately 2,533,359 shares outstanding, with any fractional shares rounded up to the next whole share. The new CUSIP number for the common stock will be 031094204. This strategic move aims to enhance the stock's marketability and align with exchange regulations, as detailed in the definitive proxy statement filed with the SEC on January 23, 2023.

Amesite Inc. (NASDAQ: AMST) announced the launch of a free course, ChatGPT Fundamentals, on its Amesite Learning Community Environment® platform, AmesiteEngage. Limited to the first 1,000 registrants, the course covers generative AI history, ChatGPT usage, ethical considerations, and its applications. The offering aligns with Amesite’s focus on AI, integrating GPT-3 into their platform to enhance educational tools. This initiative aims to educate users on utilizing ChatGPT effectively. Amesite’s scalable online learning platform serves various sectors, including universities and businesses, aiming to capture a share in the multi-billion-dollar online learning market.

Amesite Inc. (NASDAQ: AMST) has launched a pilot program in partnership with the National Association for Equal Opportunity in Higher Education (NAFEO) at Benedict College. This initiative focuses on upskilling students in technology, including data privacy and cloud computing. NAFEO plans to fund online education resources for its members, which include 12 institutions collectively serving over 700,000 students. The program will utilize Amesite’s AI-driven V5 technology platform, which incorporates capabilities from GPT-3 to enhance learning. The partnership aims to provide crucial infrastructure and effective online programs for HBCUs and PBIs.

Amesite Inc. (NASDAQ: AMST) announced an expansion of its AI-driven learning platform on February 14, 2023, including new features powered by GPT-3, enhancing learner engagement and support. The updated V6 platform will launch on April 2, 2023, enabling 24/7 AI assistance for users. The global AI market is projected to contribute $15.7T by 2030, with the edtech sector alone expected to reach $80B. Amesite emphasizes a 99% learner retention rate, showcasing the effectiveness of its platform. The company aims to reduce expenses while targeting higher revenue through these innovations, appealing to diverse learners across various sectors.

Amesite Inc. (NASDAQ: AMST) announced the launch of a case study video showcasing its global enterprise learning solution for EWIE Group of Companies (EGC) on January 25, 2023. Kasey Braun, EGC's Training and Quality Manager, praised Amesite's technology for simplifying administrative tasks and enhancing team management. Dr. Ann Marie Sastry, CEO of Amesite, highlighted the company's capability to efficiently scale corporate learning worldwide. According to the Association for Talent Development, organizations invest an average of $1,252 per employee in training. The full case study video can be accessed online.

Amesite Inc. (NASDAQ: AMST), a leader in AI-driven software for education and business, announced that its Founder and CEO, Dr. Ann Marie Sastry, will present at the Sidoti January Micro-Cap Virtual Conference on January 18-19, 2023. The presentation, accessible live at 9:15 AM ET on January 18, will be followed by virtual one-on-one meetings with investors on both conference days. Interested participants can register for the event for free. Amesite provides a scalable online learning platform, catering to multi-billion-dollar markets, combining various educational and administrative functionalities.

Amesite Inc. (NASDAQ: AMST) has responded to the National Institute of Standards and Technology's call for information on semiconductor manufacturing initiatives under the CHIPS for America Act. This legislation aims to bolster the U.S. semiconductor industry through funding and educational support, particularly from under-resourced communities. Amesite's partnership with NAFEO aims to enhance workforce diversity in tech through rapid program launches. Key industry challenges include a reported 30,000 worker shortfall in Taiwan and a necessity for digital transformation in the sector, underscoring upskilling needs.

Amesite Inc. (NASDAQ: AMST) announced a successful partnership case study with EWIE Group of Companies (EGC), showcasing training outcomes for nearly 1,000 employees across 10 countries. EGC, a provider of manufacturing and supply chain solutions, utilized Amesite's AI-driven learning platform to onboard over 50 courses in just 4 days, achieving a remarkable employee score of 91%, well above the target of 70%. Dr. Ann Marie Sastry, CEO of Amesite, expressed enthusiasm for expanding their customer base, emphasizing the platform's rapid deployment and integration capabilities.

Amesite Inc. (NASDAQ: AMST) has expanded its collaboration with the National Association for Equal Opportunity in Higher Education (NAFEO) by adding five new member universities. These institutions, including Alabama State University and Clark Atlanta University, will join NAFEO’s Center for Opportunity and Equity (COE), supported by a $30M fundraising campaign aimed at enhancing online learning resources for Historically Black Colleges and Universities (HBCUs) and Predominantly Black Institutions (PBIs). Collectively, these universities enroll over 700,000 students and benefit from Amesite's AI-driven platform.