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 partnered with Vybroo and Farmacia Roma to offer AI-driven audio engagement for brands. This collaboration aims to enhance customer experiences and brand engagement opportunities by combining BEN's AI assistant technology with Vybroo's audio and radio communications technology.
The partnership will enable interactive consumer engagement through radio networks and audio platforms, providing tailored suggestions to improve efficiency and productivity. Farmacia Roma, a trusted pharmacy chain in Baja California, has joined the pilot agreement. This initiative is expected to scale BEN's AI platform to reach consumers across various audio touchpoints, potentially benefiting society by optimizing processes in health, business, and government sectors.
Brand Engagement Network (Nasdaq: BNAI) has announced a partnership with Valio Technologies to develop AI assistants aimed at supporting the mental health of university students in South Africa. Through Valio’s eYakho Health platform, the initiative plans to impact over 600,000 students across more than a dozen universities. These AI assistants will offer conversational, human-like support, helping students find mental health resources and treatment options. This collaboration seeks to address significant mental health challenges faced by students and aims to integrate AI solutions across South Africa's 503 post-school educational institutions. Currently, about 20% of South African university students require mental health assistance. BEN’s privacy-focused AI aims to provide reliable, empathetic engagement while protecting student information.
Brand Engagement Network (BEN) (Nasdaq: BNAI) announced a pilot collaboration with the Skills Acquisition and Innovation Laboratory (SAIL) at Weill Cornell Medical Center. This initiative aims to use BEN's AI assistants for training healthcare providers and enhancing patient engagement. The AI will support healthcare professionals by handling routine tasks and responding to patient queries, improving efficiency and patient outcomes. BEN's technology promises to address healthcare professional shortages and enhance physician effectiveness. The partnership with SAIL seeks to leverage AI for better healthcare access, patient support, and training in new technologies.
Brand Engagement Network (BEN) (Nasdaq: BNAI), a rising provider of personalized customer engagement AI, announced that Co-CEO Paul Chang will present at Maxim Group’s 2024 Virtual Tech Conference. The event, themed 'Charting the Course: Navigating the Intersection of TMT and Business in the AI Era,' will be held on June 5, 2024, at 12:30 p.m. ET. BEN will provide a live webcast and replay of the presentation on its investor relations website.
Brand Engagement Network (BNAI) announced the closure of a $4.95 million private placement with existing investors, priced at $2.50 per share. This investment provides BEN the financial flexibility to continue developing its AI customer engagement products. Additionally, Paul Chang has been promoted to Co-CEO alongside Michael Zacharski. Chang, who joined BEN in May 2023, will oversee commercial operations, while Zacharski will focus on growth opportunities through M&A. The investment could increase to $8.25 million if further capital is raised by October 31.
Brand Engagement Network (BEN) (Nasdaq: BNAI) has disclosed its first quarter financial results for 2024, marking its debut as a public company on Nasdaq in March. CEO Michael Zacharski expressed optimism about the company's strategic initiatives and growth potential.
Key business milestones include the completion of a business combination with DHC Acquisition Corp., new board appointments with Janine Grasso and Jon Liebowitz, and Chris Heller as Board Advisor. BEN also launched BENAuto in partnership with AFG Companies to provide AI assistants for automotive uses.
Additionally, BEN announced a pilot partnership with MedAdvisor Solutions to integrate its AI technology in pharmacies to improve patient outcomes. A conference call and webcast to discuss these results will be held on May 14, 2024, at 5:00 p.m.
Brand Engagement Network (BEN) (Nasdaq: BNAI) has achieved HIPAA compliance for its AI-driven virtual assistant solutions, ensuring the secure handling of sensitive patient data. The audit by A-LIGN confirms BEN's commitment to data security and privacy, strengthening relationships with healthcare partners and consumers.
Brand Engagement Network Inc. (BEN) will report its first quarter 2024 financial results on May 14, 2024, after market close. A conference call will be held on the same day at 5:00 pm ET to discuss the results. Participants can join via webcast or phone. The webcast will be archived for one year.
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