Welcome to our dedicated page for Brand Engagement news (Ticker: BNAI), a resource for investors and traders seeking the latest updates and insights on Brand Engagement stock.
Brand Engagement Network Inc (BNAI) delivers secure conversational AI solutions powering digital transformation across healthcare, automotive, and media industries. This news hub provides investors and professionals with timely updates on the company’s strategic developments, technological advancements, and market leadership in enterprise artificial intelligence.
Access official press releases covering earnings announcements, partnership agreements, product innovations, and compliance milestones. Our curated collection enables stakeholders to track BNAI’s progress in deploying HIPAA-compliant healthcare assistants, automotive engagement tools, and media personalization platforms.
Discover updates on BEN’s AI modules including natural language processing systems, real-time decision engines, and secure cloud deployments. Content spans regulatory achievements, technology patents, and cross-industry collaborations that demonstrate the company’s commitment to ethical, human-centered artificial intelligence.
Bookmark this page for continuous access to verified information about BNAI’s AI-driven solutions. Check regularly for insights into how the company enhances customer experiences while maintaining rigorous data security standards across global markets.
Brand Engagement Network (NASDAQ: BNAI) has announced the General Availability release of its iSKYE platform, a new AI solution designed to help businesses deploy and scale customized AI solutions. The platform combines industry-specific training, a robust full-stack platform, and scalable deployment capabilities.
Key features of iSKYE include:
- Proprietary industry-specific design with optimized RAG architecture to mitigate hallucinations
- Small footprint architecture enabling CPU-based deployment with lower costs
- Scalable integration with existing enterprise systems
- Customizable 3D AI avatars with a built-in graphics studio
- Enterprise-grade security with HIPAA and SOC2 compliance
The platform aims to overcome limitations of traditional LLMs by providing personalized engagement while maintaining process control. BEN plans to expand iSKYE with additional industry-specific solutions, white-label offerings, and OEM partnerships.
Brand Engagement Network (BNAI) has formed a strategic partnership with Swiss Life Global Solutions to implement AI-driven customer engagement solutions across insurance operations. The collaboration aims to integrate BEN's AI technology into Swiss Life's digital health, mental health, and financial wellbeing services.
Swiss Life Global Solutions, operating in over 85 countries with approximately $280 billion in assets, will utilize BEN's technology to streamline sales and enrollment processes, reduce call center volume, and enhance member services through self-service tools. The partnership follows Swiss Life's white paper publication on AI transformation in insurance, released on June 13, 2024.
The initiative focuses on delivering secure and scalable AI solutions designed to modernize key insurance processes while maintaining data security and privacy standards.
Brand Engagement Network (NASDAQ: BNAI) has released its Q4 and full-year 2024 financial results. The company reported significant developments in its AI-driven customer engagement solutions business. Key Q4 highlights include:
- Appointment of Walid Khiari as CFO and COO
- Agreement to acquire Cataneo GmbH for $19.5 million in cash and stock, pending financing and approvals
- Partnership with Vybroo and Grupo Siete for AI-driven radio advertising in Mexico
- Integration with Cox Automotive's Dealer.com platform
- Agreement with CareHub to deploy GenAI Agents for Remote Patient Monitoring in Chronic Care Management
The company focuses on providing AI solutions across automotive, media, and healthcare sectors, emphasizing safe and scalable implementation.
Brand Engagement Network (NASDAQ: BNAI) has announced its support for a new AI data privacy bill proposed by California Assembly Member Carl DeMaio. The legislation would require businesses to obtain explicit consent before sharing or storing user data outside the United States.
The company's CEO Paul Chang emphasized the importance of data privacy and accountability in AI technology development. BEN's proprietary solutions, including Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) technology, are designed to meet global privacy standards such as GDPR, CCPA, HIPAA, and SOC 2 Type 1.
Former FTC Chairman and BEN board member Jon Leibowitz highlighted the urgency for stronger AI regulations. BEN's solutions ensure sensitive user data is not leaked or stored offshore, offering both on-premises and secure cloud deployments for enhanced business control.
Brand Engagement Network (NASDAQ: BNAI) has expanded its reseller partnership with Vybroo, advancing its AI presence in Latin America and Europe. The expansion builds upon their July 2024 partnership, now extending AI-powered solutions across Latin America, Spain, Portugal, and Italy.
The collaboration includes Grupo Siete, a Mexican media company operating Radio Disney Mexico, which will implement five AI-powered brand ambassador avatars for advertising clients. The initiative features QR code activations for real-time consumer interactions, delivering promotions and personalized engagement.
A key development is the creation of 'Roquito,' an AI-powered digital persona based on Vybroo CEO Roque Mascareño, showcasing BEN's conversational AI capabilities for scalable business engagement solutions.
Brand Engagement Network (NASDAQ: BNAI) has terminated its Exclusive Reseller Agreement with AFG Companies and filed a lawsuit against AFG and its CEO. The lawsuit alleges fraudulent misrepresentation, breach of contract, and concealment of a ransomware attack. The agreement, signed in August 2023, failed when AFG didn't provide access to the promised operational-ready data platform, hindering BEN's automotive market entry.
Despite this setback, BEN is proceeding with its automotive initiatives, including the launch of its Automotive AI Agent, which will support over 13,000 dealerships nationwide. The company is expanding through pilot programs in the Midwest, partnerships in Mexico, and collaborations with Canadian dealership groups. Additionally, BEN continues to develop its AI healthcare solutions, maintaining compliance with HIPAA, GDPR, SOC 2 Type 1, and CCPA regulations.
Brand Engagement Network (NASDAQ: BNAI) and Cataneo GmbH announced a collaborative pilot program with Vybroo and Grupo Siete to modernize Mexico's radio advertising landscape. The initiative combines BEN's AI technology with Cataneo's MYDAS platform to enhance advertising workflows and listener experience across Mexican radio markets.
The pilot program will be implemented in key markets including Mexico City, Culiacán, Mazatlán, and Guasave, offering AI-driven solutions for ad placement, inventory management, and campaign optimization. The collaboration involves Vybroo, a Mexican radio broadcasting network, and Grupo Siete, a media organization with over 47 years of experience. This initiative follows BEN's previous announcement of its intent to acquire Cataneo.
Brand Engagement Network (BNAI) reported Q3 2024 financial results highlighting revenue growth and improved operational efficiency. The company announced several key partnerships, including collaborations with KangarooHealth for remote patient monitoring, IntelliTek for global healthcare AI solutions, and agreements with INTERVENT and Members Only Health. BEN secured a $50M Standby Equity Purchase Agreement with Yorkville Advisors and announced plans to acquire Cantaneo Gmbh for $19.5M. The company reported improved operational metrics through cost discipline and sequential reduction in operating costs.
Brand Engagement Network (BNAI) has appointed Walid Khiari as its new CFO and COO, effective November 18, 2024. Khiari brings over 20 years of finance experience, including 15 years as a technology investment banker advising software companies. He previously worked at prominent firms like Merrill Lynch, Credit Suisse, Rothschild & Co, and Houlihan Lokey in Silicon Valley. Khiari holds an MBA from Wharton School and graduated from the University of Paris Pantheon-Sorbonne. He succeeds outgoing CFO Bill Williams, who served since the company's inception. The appointment aligns with BEN's strategy to strengthen its position in the conversational AI market.
Brand Engagement Network (BNAI) will release its Q3 2024 financial results on November 14, 2024, after market close, followed by a conference call at 5:00 p.m. ET. CEO Paul Chang and CFO Bill Williams will lead the discussion and introduce Tina, one of BEN's AI Assistants. The call will be accessible via webcast and phone, with registration required for both options. The webcast recording will be available for one year on BEN's investor relations website.
