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RiskOn International Sets Formal Launch Date for askROI.com, a New Generative AI Platform

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RiskOn International, Inc. (Nasdaq: ROI) partners with Meetkai, Inc. to launch askROI.com, a cutting-edge AI platform, aiming to revolutionize generative AI by providing tailored business solutions beyond traditional large language models. Scheduled to go live by March 4, 2024, askROI offers unique features like comprehensive data ingestion, going beyond traditional LLM limitations, and seamless SaaS integration. RiskOn believes askROI will be a game-changer for business professionals, offering instant data insights and streamlined workflow solutions.
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The launch of askROI by RiskOn International, in collaboration with Meetkai, marks a significant stride in the generative AI space, which is rapidly gaining traction across various industries. The platform's promise to transcend the limitations of traditional large language models (LLMs) by integrating customer-specific data to provide tailored business solutions could be a game-changer. This approach not only enhances the personalization of AI-driven insights but also positions RiskOn to potentially capture a significant share of the burgeoning AI market.

The ability to process information from a wide array of data sources and create domain-specific Q&A experts could revolutionize how businesses interact with data, making the askROI platform a potentially indispensable tool for professionals seeking to streamline workflow and improve productivity. The integration with popular SaaS applications further underscores the platform's potential to optimize business operations, which may lead to increased demand and adoption.

However, the success of such a platform will largely depend on its execution, user experience and the actual efficiency gains it can deliver. If askROI can effectively differentiate itself from competitors by delivering on its promises, RiskOn International could see a significant uptick in its valuation and market position, as businesses increasingly look to leverage AI for a competitive edge.

The announcement of askROI's upcoming launch emphasizes the innovative features that could set it apart from existing generative AI platforms. The comprehensive data ingestion capability stands out, as it suggests a level of versatility and adaptability that could be particularly appealing to businesses dealing with a variety of data formats. This feature implies a robust backend infrastructure capable of handling complex data processing tasks, which could translate into a strong competitive advantage for RiskOn.

Additionally, moving beyond the static nature of traditional LLMs by incorporating adaptive learning based on customer data is a significant technical leap. This adaptive learning capability could allow askROI to offer more accurate and contextually relevant responses over time, enhancing the value proposition for potential users. The ability to seamlessly integrate with other SaaS platforms could also simplify the adoption process for businesses, potentially accelerating market penetration.

It is important to note that the technical complexity of such a platform implies considerable development and maintenance costs. RiskOn's ability to manage these costs while providing a reliable and effective service will be crucial for the platform's long-term viability and profitability.

The strategic partnership between RiskOn International and Meetkai to develop askROI represents a forward-thinking investment in a rapidly expanding market. The financial implications of such a venture are multifaceted. On one hand, the development and maintenance costs associated with a sophisticated AI platform like askROI could be substantial, impacting RiskOn's short-term financials. On the other hand, if successfully deployed, askROI could generate a new revenue stream through its SaaS model, which typically offers high margins and recurring revenue.

Investors will be keen on monitoring the adoption rates and customer feedback post-launch, as these will be critical indicators of the platform's potential to generate sustainable revenue. Given the current market enthusiasm for AI-driven solutions, a successful launch could lead to positive investor sentiment and an upward trajectory for RiskOn's stock. Nevertheless, it is crucial to balance optimism with caution, considering the competitive landscape and the inherent risks involved in bringing a new technology to market.

Ultimately, the long-term success of askROI will hinge on its ability to deliver tangible ROI for its users, justifying the switch from existing solutions. Should RiskOn manage to capture a significant market share, the financial rewards could be substantial, but this outcome is contingent on flawless execution and market acceptance.

LAS VEGAS--(BUSINESS WIRE)-- RiskOn International, Inc. (Nasdaq: ROI) (“RiskOn,” or the “Company”), in partnership with Meetkai, Inc. (“Meetkai”), is thrilled to announce the launching of the initial version of the askROI.com platform (“askROI”), which is scheduled to go live on or before March 4, 2024. The goal for askROI is to redefine the boundaries of generative artificial intelligence (“AI”) by providing tailored business solutions beyond the conventional scope of traditional large language models (“LLM”), which are static and do not adapt based on individuals’ or businesses’ specific data. Through this vision, the Company intends for askROI to serve as a one stop shop for a business’ AI needs. This will be accomplished through the eventual introduction of additional tools and features that will enable customers to interact with other AI products while utilizing the askROI platform.

askROI is not just another chat assistant; it's an AI-driven platform engineered to provide instant data insights based upon the customer’s unique data, efficiently transforming complex user queries into actionable answers. By harnessing the latest techniques in search and generative AI, askROI seeks to be an indispensable tool for business professionals, offering streamlined workflow solutions with the potential to save a significant amount of development time.

RiskOn believes that askROI will have several innovative features that will differentiate askROI from other generative AI platforms, including:

  • Comprehensive Data Ingestion: With the ability to process information from diverse data sources—including PDFs, Word documents, URLs, PPTs, video files, and more—askROI empowers users to create domain-specific Q&A experts or task-oriented assistants tailored to their unique needs;
  • Beyond Traditional LLM Limitations: askROI goes further than traditional LLM models by learning and integrating customer specific data to deliver pertinent and actionable answers to the customer’s answers; and
  • Seamless Software-as-a-Service (“SaaS”) Integration: Optimize your workflow by linking your favorite SaaS applications to askROI, enabling a new level of efficiency and productivity in your business operations.

Leveraging askROI will provide users with key benefits, such as:

  • Answering Complex Questions: askROI excels at interpreting and responding to intricate queries about your company's information, delivering precise, context-aware answers;
  • SaaS Sync: Benefit from high-quality integration as askROI seamlessly connects with a wide range of SaaS applications, enhancing your operational efficiency;
  • Uncompromised Security: askROI prioritizes data privacy and security, employing top-tier encryption standards and robust access controls to protect individuals and businesses sensitive information; and
  • Industry-Agnostic Solutions: askROI's versatility knows no bounds. The platform can be customized to serve a variety of industries, including healthcare, finance, manufacturing, customer service, and more, making it a universal tool for business innovation.

The Company’s CEO, Milton “Todd” Ault III stated, “The launching of askROI marks a new chapter in the Company’s future. We are ecstatic about the opportunities askROI brings and are confident in the Company’s ability to achieve new heights with what we believe to be a revolutionary product.”

About RiskOn International, Inc.

Founded in 2011, the Company operates a SaaS platform called askROI.com, which is designed to improve the way businesses and individuals manage and access their data. askROI.com is a unique, generative AI-driven platform engineered to provide pertinent and unique data insights through integration with business specific data that pushes beyond the conventional uses of existing LLMs. The Company also owns 100% of BitNile.com, Inc., which operates a metaverse platform.

About MeetKai, Inc.

MeetKai Inc. is an AI company based in Los Angeles, California, founded by Executive Chairwoman Weili Dai and CEO James Kaplan in 2018. Listed by Forbes as a leading innovator in the AI speech space, MeetKai's AI applications have reached 75+ million users worldwide. Visit www.meetkai.com for more info and the latest MeetKai news.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties. Forward-looking statements speak only as of the date they are made, and RiskOn will not undertake any obligation to update any of these statements publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. In addition to risks relating to the acceptance of the Platform by individuals, competition with much larger companies operating metaverses and RiskOn’s ability to raise capital, investors should review risk factors, that could affect RiskOn’s business and financial results which are included in RiskOn’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, Forms 10-K, 10-Q and 8-K. All such filings are available at www.sec.gov and on the Company’s website at www.riskonint.com.

ir@riskonint.com or 1-800-762-7293

Source: RiskOn International, Inc.

FAQ

What is the ticker symbol for RiskOn International, Inc.?

The ticker symbol for RiskOn International, Inc. is ROI.

When is askROI.com scheduled to go live?

askROI.com is scheduled to go live on or before March 4, 2024.

What are some key features of askROI?

Some key features of askROI include comprehensive data ingestion, going beyond traditional LLM limitations, and seamless SaaS integration.

How does askROI differentiate itself from other generative AI platforms?

askROI differentiates itself by learning and integrating customer-specific data to deliver actionable answers, excelling at interpreting complex queries.

What benefits can users expect from leveraging askROI?

Users can expect benefits like answering complex questions, streamlining workflow, and optimizing business operations by linking SaaS applications to askROI.

RiskOn International, Inc.

NASDAQ:ROI

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