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Nowigence (NOWG) Stock News, Jun 7-14, 2022

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Nowigence Inc. develops and markets AI SaaS applications and custom AI solutions for enterprise, research, content, retail, museum, and data-management use cases. Its reported product portfolio includes Lille.ai, Nowg AI, Tagion AI, ResearchWork AI, Agri AI, and related AI data-center and infrastructure services, with Stebr Inc. operating as a wholly owned subsidiary.

Recurring NOWG news centers on platform launches, extractive and generative AI capabilities, customer and institutional deployments, subsidiary integration, executive and marketing developments, and capital-market actions such as Regulation A offering activity. Company updates also describe AI workflows for knowledge extraction, content generation, source traceability, data labeling, hosting, call-center support, and IoT-driven farm optimization.

Rhea-AI Summary

Nowigence, Inc. (OTCQB: NOWG) has announced the commencement of trading on the OTCQB Venture Market following the launch of its AI-powered SaaS product, Pluaris. This innovative knowledge engine aims to tackle the information overload faced by knowledge workers, targeting a market with over 1 billion potential users. The Company projects a serviceable market size of at least $20 billion. Nowigence's CEO emphasized the milestone as a pivotal moment in their growth, transforming from a private entity to a public company.

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Nowigence Inc. (OTCQB: NOWG) has announced the formation of a new independent growth council to aid in delivering its growth strategy. This council is expected to provide value-driven innovation in machine learning and natural language processing. The council features industry experts such as Michael Connolly and Rohit Kumar, who bring extensive experience from various sectors. CEO Anoop Bhatia emphasizes that this initiative will enhance customer benefits and expand the global reach of their AI platform, Pluaris™.

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Nowigence Inc. (OTCQB: NOWG) has signed a Memorandum of Understanding with EquiPPP Social Impact Technologies Ltd., aimed at forming a strategic alliance for promoting Nowigence's products in India. EquiPPP will adapt Nowigence's machine learning and natural language processing technologies to create IT and CSR-focused SaaS products. This partnership aims to support Indian companies in their CSR initiatives, as CSR spending is mandatory in India, contributing 2% of net profits for qualifying firms.

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FAQ

What is the current stock price of Nowigence (NOWG)?

Nowigence (NOWG) last closed at $0.0110.

What is the market cap of Nowigence (NOWG)?

The market cap of Nowigence (NOWG) is approximately $142.2K.