Fobi Ai Inc Stock Price, News & Analysis

Fobi AI Inc. (FOBI: TSXV FOBIF: OTCQB) has entered a data consulting agreement with Azincourt Energy Corp. to develop a big data and operational intelligence platform aimed at modernizing mining practices. The partnership aims to leverage artificial intelligence and data mining techniques to improve exploration outcomes at the East Preston uranium project. This collaboration is expected to enhance operational efficiencies in a sector projected to grow significantly, with the mining and exploration equipment market valued at $144 billion.

Fobi AI Inc. (FOBI: TSXV FOBIF: OTCQB) has launched the Fobi Data Exchange (FDX) in partnership with In-Touch Group, enhancing data analytics for convenience stores. This new platform will optimize data from around 10,000 stores, giving global CPG brands unprecedented access to insights and analytics. Fobi's AI will streamline the retail landscape, enabling effective category management and innovative monetization opportunities. CEO Rob Anson emphasized the potential of this partnership to create new revenue streams and provide actionable insights, transforming the retail and consumer engagement space.

Fobi AI Inc. (TSXV: FOBI; OTCQB: FOBIF) has integrated Draganfly’s Vital Intelligence Smart Vital system into its Venue Management System. This partnership enhances Fobi’s offerings for event organizers by enabling health protocol screenings via mobile devices, monitoring vital signs like temperature and heart rate. Fobi has previously partnered for venue management at major tournaments and has secured a deal with the Canadian Hockey League. The global event management software market is projected to reach $14.6 billion by 2025, presenting growth opportunities for Fobi as events resume.

Fobi AI Inc. (TSX.V: FOBI, OTCQB: FOBIF) announces the launch of its new Personalized Digital Receipt Marketing Solution at GroceryShop, held September 19-22, 2021, in Las Vegas. Fobi's latest offering enables retailers to deliver automated, personalized marketing at scale, enhancing engagement through real-time data analytics. The solution allows manufacturers to access rich analytics, ensuring tailored promotions that drive customer journeys. With the integration of the 8112 digital coupon format, retailers can combat coupon fraud while optimizing marketing efforts, paving the way for new revenue streams.

Fobi AI Inc. (TSX.V: FOBI) has announced the launch of Fobi 3.0, a next-generation IoT device aimed at enhancing retail data connectivity. This new device features a plug-and-play design that integrates with existing retail infrastructures without requiring IT setup. Amid global supply chain issues, Fobi has successfully secured critical chip components, positioning itself for large-scale rollouts expected by year-end. Additionally, the release aligns with the anticipated closing of the Qples acquisition, enabling enhanced coupon tracking and marketing capabilities for clients.

On September 13, 2021, Fobi AI Inc. (TSX.V: FOBI; OTCQB: FOBIF) announced the launch of CheckVax™ Validator, a universal app-less solution for validating vaccination credentials. This innovative web-based tool supports Smart Health Cards (SHCs) and ensures compliance with vaccination mandates across multiple jurisdictions, including Canada. Fobi aims to streamline the integration for businesses to meet evolving health regulations while enhancing user experience. The CheckVax™ Validator signifies Fobi's commitment to providing cutting-edge solutions in the rapidly changing health landscape.

Fobi AI has become the first company to issue mobile wallet-based digital credentials on the Hedera distributed ledger, including its new CheckVax™ Digital Proof of Vaccination service. This integration allows clients to issue and manage credentials quickly and securely, using Hedera's technology for enhanced authentication. The CheckVax™ platform enables users to upload their vaccination proof into mobile wallets. Fobi aims to facilitate compliance with vaccination mandates while ensuring user data privacy.

Fobi AI announces a partnership with Lightspeed Commerce to enhance data analytics and customer engagement for merchants. The integration with Lightspeed's commerce platform is complete, and the Fobi App is now available for download by Lightspeed customers. Fobi has been named the ‘Featured Partner’ for October, highlighting its value. This collaboration capitalizes on the rapidly growing global cloud POS market, projected to reach $13.24 billion by 2028. The partnership aims to streamline operations, providing real-time insights and analytical tools to retailers.

Fobi AI Inc. (TSXV: FOBI; OTCQB: FOBIF) has announced a significant partnership with the Canadian Hockey League (CHL), leveraging Fobi's Wallet pass and Venue Management solutions. This collaboration aims to enhance safety and operational efficiency by validating credentials and enabling effective venue tracing. CHL's Manager of National Events expressed excitement for improved communications and safety protocols. Fobi's CEO highlighted this deal as validation of their capabilities, noting the extensive fan engagement from CHL events.