Genius Group (NYSE:GNS) and OpenExO have agreed to merge in an all-share transaction that can speed up Genius Group’s plan to create a worldwide synthetic intelligence training group.
OpenExO is an AI-driven group of 36,000 educators, entrepreneurs, and enterprises.
Genius Group (GNS) shares rallied 34% on Monday to their highest degree in 2 months.
“Our Genius Group board has tasked me to construct the group to work in the direction of attaining $1 billion in annual revenues, 100 million college students, and now 100 Genius Cities, with a goal of attaining this inside the subsequent decade. By combining forces, we are going to now be upgrading our annual development charge, with an accelerated roadmap to realize our targets,” Genius CEO Roger Hamilton stated.
Genius Group (GNS) lately merged with FatBrain AI to create a mixed enterprise that can end in roughly 150% development in professional forma income.
The construction of the enterprise following the merger of Genius (GNS) with FatBrain AI leaves Genius (GNS) because the guardian firm with FatBrain property current in wholly-owned subsidiary of Genius (GNS).
The mixture of Genius Group (GNS), OpenExO, and FatBrain AI “delivers a full AI-driven exponential ecosystem to launch as scale a Genius Metropolis in 12 months,” Hamilton added.