Brand Engagement Stock Price, News & Analysis

Brand Engagement Network (NASDAQ: BNAI) has secured a $3.5 million revolving line of credit agreement with Corps Capital Advisors, LLC. The credit facility matures on December 5, 2025, carries a 10% annual interest rate, and can be prepaid without penalties. The company has not drawn any funds yet from this facility. According to CFO/COO Walid Khiari, this agreement enhances BEN's liquidity position as they focus on scaling operations and implementing strategic growth initiatives. The credit agreement includes standard financial and non-financial covenants, with default provisions for nonpayment and insolvency.

Brand Engagement Network (NASDAQ: BNAI) reported Q1 2025 results highlighting significant business developments. The company launched its iSKYE AI platform, featuring customizable 3D avatars, enterprise-grade security, and AI hallucination mitigation capabilities. BEN established a strategic partnership with Swiss Life Global Solutions to enhance insurance services through AI solutions. The company also expanded its collaboration with Vybroo and Grupo Siete for AI-powered brand ambassadors in Latin America and Southern Europe. Additionally, BEN demonstrated its commitment to responsible AI by supporting California's proposed AI data privacy legislation. The company's focus remains on delivering secure, scalable AI solutions for enterprise clients while expanding into new markets and industries.

Brand Engagement Network (NASDAQ: BNAI) has partnered with the University of KwaZulu-Natal and Valio Technologies to launch an AI-powered mental health support program in South Africa. The initiative leverages BEN's iSKYE platform to provide 24/7 personalized mental health support for underserved students. The AI solution offers emotionally aware conversations, personalized guidance, and anonymized insights while maintaining privacy. Unlike traditional chatbots, the system adapts to individual needs and helps institutions better target support. The program will initially launch at UKZN later this year, with plans to expand across the region based on insights gained from this rollout.

BEN (NASDAQ: BNAI) is expanding into the hospitality sector through a partnership with The Dvin, a luxury hotel in Yerevan. The company will deploy its iSKYE platform in a two-phase pilot initiative: first implementing a 24/7 Concierge AI Agent, followed by a Reservation AI Agent. This marks BEN's strategic entry into hospitality, aiming to set new standards for AI-enhanced luxury guest experiences. The Dvin's owner, Artak Tovmasyan, who holds a 30% stake in a cybersecurity firm serving Dubai's hotels, chose BEN for its secure, guest-first platform. The collaboration represents BEN's first venture into hospitality, showcasing the platform's versatility in a service-excellence environment.

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.