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. (Nasdaq: BNAI), or BEN, regularly issues news and regulatory updates that reflect its activities in conversational and generative AI for regulated industries. As a developer of secure, multimodal AI agents and avatars built on its proprietary Engagement Language Model (ELM™) with retrieval-augmented generation, BEN’s announcements often focus on technology deployments, strategic partnerships, and capital markets developments.
News items include commercial agreements, such as a Vendor Services Project Agreement with a leading global advertising and communications agency to build a custom AI engagement communication solution for an established prescription pharmaceutical product for a top-10 global pharmaceutical client. BEN also reports on international partnerships, including its reseller and shareholder agreements with Skye Inteligencia LATAM to commercialize BEN’s AI across Latin America and Spain, and the formation of Skye Salud, a Mexican S.A.P.I. developing a sovereign, Spanish-language augmented-intelligence platform for healthcare in Mexico.
Investors and followers of BNAI can also find financial and balance sheet updates in the news feed, such as press releases describing quarterly results, liability reductions through debt-to-equity conversions and settlements, and actions intended to strengthen the company’s capital structure. Governance and corporate developments, including leadership changes, board appointments, and proxy-related matters, are also communicated through press releases and corresponding SEC filings.
This news page aggregates BEN’s public announcements and related coverage so readers can review developments in its AI platform, sector-specific initiatives in healthcare, insurance, financial services, hospitality, retail, and automotive, as well as key milestones in its international licensing and sovereign AI strategies. For ongoing context on BNAI, users can consult this feed alongside the company’s SEC filings and formal financial reports.
Brand Engagement Network (BEN) (Nasdaq: BNAI) has announced a new customer agreement with Carehub Inc., a post-acute Chronic Care Management (CCM) service provider. BEN's GenAI assistants will support CareHub's nurse care managers by providing patient-specific information, allowing healthcare professionals to focus more on patient care.
The integrated solutions from BEN and CareHub offer a comprehensive and scalable remote patient monitoring (RPM) program, delivering personalized health education, early risk indicator alerts, and care management recommendations. BEN's AI Assistant technology aims to help CareHub's care providers deliver higher quality care, improve health outcomes, and enhance productivity and quality metrics.
BEN's AI Assistants will utilize 24/7 AI-based human-like technology to enhance CareHub's monitoring service, with the objective of providing safe, intelligent, and scalable AI solutions to improve patient outcomes, address workforce issues, and support clinicians for optimal patient care.
Brand Engagement Network (BEN) and KangarooHealth have partnered to enhance AI-supported remote patient monitoring for chronic conditions. This collaboration aims to improve patient outcomes in value-based care by combining BEN's AI assistant technology with KangarooHealth's remote monitoring devices. The partnership will offer:
- 24/7 interactive support for patients and healthcare providers
- AI-powered avatar 'Sandy' for real-time patient inquiries
- Integration of over 100 connected devices supporting 50+ chronic condition pathways
- EMR integration and access to on-demand licensed remote care clinicians
The joint solution seeks to create a scalable remote patient monitoring program, offering personalized health education, early risk detection, and timely interventions. This partnership addresses the challenge of healthcare professional availability, particularly in rural areas and healthcare deserts.
Brand Engagement Network (BEN), trading as BNAI on Nasdaq, has announced its participation in the H.C. Wainwright 26th Annual Global Investment Conference in New York. CEO Paul Chang will present on September 9th, 2024 at 10:30 a.m. ET. This event offers BEN, an emerging provider of safe and secure customer engagement AI, an opportunity to showcase its capabilities to investors.
The presentation will be accessible via live webcast, with a replay available on the company's investor relations website. BEN management will also engage in investor meetings during the conference, providing additional opportunities for direct interaction with potential stakeholders.
Brand Engagement Network (BEN), (Nasdaq: BNAI), has announced a contractual agreement with IntelliTek, a SmarTek21 subsidiary, to provide AI-driven healthcare solutions globally. The collaboration will offer a suite of AI technologies, including:
1. BEN's Healthcare AI Assistant, Sandy, for patient-facing resources.
2. IntelliTek Health's Personal Virtual Assistant (PVA) for post-discharge communications.
3. IntelliTek Health's Clinical Virtual Assistant (CVA) for reducing administrative burden.
4. IntelliTek Health's Document Search AI for swift information retrieval.
This partnership aims to address critical challenges in healthcare workforce and resource availability, potentially impacting the $70BN after-care communications market and the $103BN Patient Encounter workflow market. The collaboration is expected to improve patient experiences, healthcare professional productivity, and overall healthcare access and outcomes.
Brand Engagement Network (BEN), (Nasdaq: BNAI), has entered into contracts with INTERVENT International and Members Only Health (MOH) to develop healthcare AI assistants. The collaboration with INTERVENT aims to enhance health coaching programs with human-modeled AI assistants, providing 24/7 multi-lingual support and expertise. BEN's partnership with MOH will create an AI assistant for administrative and patient engagement tasks, including concierge services for finding specialty healthcare providers and coordinating in-home appointments.
These AI-driven solutions aim to address resource gaps in healthcare, improve patient experiences, and enhance healthcare outcomes. INTERVENT, serving over 2 million individuals, will leverage BEN's AI to augment their health coaching programs. MOH will utilize BEN's HIPAA-compliant AI technology to offer personalized healthcare services and information to their members.
Brand Engagement Network Inc. (BNAI) has appointed Richard S. Isaacs, MD, FACS to its Board of Directors, effective August 26, 2024. Dr. Isaacs, currently Dean of the College of Medicine at California Northstate University, brings extensive experience in healthcare technology innovation and leadership. As former CEO of The Permanente Medical Group and Co-CEO of The Permanente Federation, he oversaw a network of 23,000 physicians and 80,000 staff. Dr. Isaacs led the development of Kaiser Permanente's electronic health record system and smartphone applications to enhance patient care. BEN CEO Paul Chang believes Dr. Isaacs' expertise will be important in transforming patient care through GenAI. Named one of the 100 Most Influential People in Healthcare by Modern Healthcare, Dr. Isaacs aims to guide BEN's development of safe, intelligent AI assistants in healthcare.
Brand Engagement Network (BEN) (Nasdaq: BNAI) has secured significant funding through two key transactions. The company closed a $5.925 million private placement with existing investors, selling shares at $5.00 each, above the current market price. Additionally, BEN entered a $50 million Standby Equity Purchase Agreement (SEPA) with Yorkville Advisors, accessible over three years.
These financial moves aim to support BEN's strategic growth, market validation, and scaling of its human-like, conversational AI assistants. The private placement involves complex share transfers and warrant issuances, while the SEPA provides flexible capital access. However, the SEPA's utilization is pending SEC approval of a registration statement.
Brand Engagement Network Inc. (Nasdaq: BNAI) has announced the promotion of Paul Chang to CEO. Chang, with his unique expertise and long-term experience on BEN's leadership team, is expected to ensure a smooth continuation of operations and execution of the company's ongoing strategy. This change comes as Co-CEO Michael Zacharski steps down from his position.
Chang expressed excitement about leading BEN through its next growth stage, focusing on elevating customer experiences with AI assistant technology. The company aims to pursue strategic initiatives and partnerships to scale and provide increased value to partners and customers. Zacharski, the former CEO and Co-CEO, expressed confidence in Chang's leadership and the company's future prospects.
Brand Engagement Network Inc. (Nasdaq: BNAI) reported its Q2 2024 financial results and key business highlights. The company made progress on market validation initiatives, with acceleration in new proof of concepts. Key highlights include:
- Promotion of Paul Chang to Co-CEO
- Closed a $4.95 million private placement
- Collaborations with SAIL, Valio Technologies, OSF HealthCare, and Provana
- Achieved HIPAA compliance for healthcare AI assistants
BEN expects maturation of earlier engagements into production-ready deployments in the second half of 2024. The company will host a conference call and webcast on August 14, 2024, at 5:00 p.m. ET to discuss the results.
Brand Engagement Network Inc. (Nasdaq: BNAI), a provider of safe and secure customer engagement AI, has announced its second quarter 2024 financial results conference call. The call is scheduled for August 14, 2024, at 5:00 pm ET, following the market close. Paul Chang (Co-CEO), Bill Williams (CFO), and Sandy (BEN's AI Assistant) will host the call.
Participants can register online for the live webcast or receive dial-in information for phone access. The webcast will be archived for one year on BEN's investor relations website at https://investors.beninc.ai/.