AITX Gaining Amid Increased
Interest In Artificial Intelligence
Stocks & Cryptocurrencies.
Artificial Intelligence Technology Solutions, Inc., (OTCMKTS:AITX) has been one of the most interesting penny stocks on the OTC Market lately. AITX began this year with an open at $.0059 on 1/3/23 and three weeks later saw a close at $.0098 today. The heightened interest in trading AITX has come largely due to the sudden overall increase of interest in all things having to do with artificial intelligence due to numerous companies recently releasing user friendly products that have captured the attention of millions of users with everything from automatically generated avatars to artificial chat engines.
Even in the cryptocurrency market lately, some of the hottest tokens seeing big moves up have been those dealing directly with artificial intelligence endeavors.
This Is What Artificial Intelligence Technology Solutions, Inc., Does:
As detailed on the company’s OTC Markets profile and reported within our prior AITX news update, “AITX creates software, firmware, hardware and processes that allow enterprise organizations to deploy AI-enabled devices to perform business services related to security and facility management. These services save organizations significant money while allowing them to improve and expand critical functions.”
The company develops and manufactures award winning assistance devices and management here has made clear that there are no plans for a reverse split until January 2024 and as stated by management such a decision would only be for the purpose of up-listing to NASDAQ or the NYSE.
The company has shown growing revenue in recent filings and even though that revenue remains low with respect to its market cap, the company still holds interesting potential if it continues to see increased orders for its products. With Artificial intelligence now becoming such a mainstream aspect of society, Artificial companies like AITX and others will continue to see increased interest among investors, so we suggest keeping an eye on as many companies within this field as possible.
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