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Visium Technologies Inc - VISM STOCK NEWS

Welcome to our dedicated news page for Visium Technologies (Ticker: VISM), a resource for investors and traders seeking the latest updates and insights on Visium Technologies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Visium Technologies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Visium Technologies's position in the market.

Rhea-AI Summary
Visium Technologies, Inc. (VISM) has secured a $20 million contract to design and construct data centers in Côte d'Ivoire and Benin, marking its entry into the West Africa data center construction market. The project includes the creation of a national data center in Côte d'Ivoire and a cybersecurity training center, aiming to ensure digital sovereignty. The company anticipates recognizing 100% of the revenue in 2024 and aims to address the increasing demand for data center capacity and enhanced cybersecurity in sub-Saharan Africa. The African data center market is projected to reach $5 billion by 2026, with a compound annual growth rate of 15% to 20% through 2030.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
48.55%
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Rhea-AI Summary
Visium Technologies, Inc. announces the launch of its Technology Consulting Services division to meet growing demand. The division will offer network engineering, system engineering, software development, and cybersecurity services. The company has secured projects valued at over $1 billion in Africa, with the first contract in Cote D'Ivoire worth over $50 million. The financing for these projects has already been secured from governmental institutions. These developments position Visium for rapid corporate growth and transformation into a world-class technology company.
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End-of-Day
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Rhea-AI Summary
Visium Technologies, Inc. has received a Letter of Intent to collaborate with Cybastion Institute of Technology on projects in Côte d'Ivoire. The estimated value of contracts for these projects is $50 million. Projects expected to commence in October 2023.
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Rhea-AI Sentiment
End-of-Day
0.77%
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Rhea-AI Summary
Visium Technologies repays $44,250 convertible note, plans to settle advance with cash from contract revenues. Focus on expanding service offerings and closing new contracts in West Africa and the Caribbean.
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Rhea-AI Sentiment
End-of-Day
11.11%
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Rhea-AI Summary
Visium Technologies, Inc. has signed a 3-year $2.5 million revolving line of credit agreement with Impact Capital Investments. The agreement allows Visium to access capital based on its accounts receivables and obtain mobilization advances. This credit facility will provide incremental liquidity as the company executes its growth strategies.
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Rhea-AI Sentiment
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3.26%
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1.09%
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-13.58%
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Rhea-AI Summary
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Rhea-AI Sentiment
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2.78%
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Rhea-AI Sentiment
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3.17%
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Visium Technologies Inc

OTC:VISM

VISM Rankings

VISM Stock Data

423.36k
100.89M
4.39%
Software Publishers
Information
Link
US
Columbia

About VISM

we develop tailored ai solutions for the world's best brands. with a team of best-in-class engineers based at epfl innovation park, in lausanne, and eth technopark, in zurich, we develop high-performing customized machine learning products. we work with numerous of the switzerland's most iconic brands and position ourselves as their strategic ai partners to help them realize the potential value ai offers. we deliver value to companies at every level of ai development, whether they are just entering the field or have a solid data science department. we come with completely fresh approaches to long-standing industry challenges and on how to leverage a company's data-stack. we implement cutting-edge techniques and approaches to boost ml models' performance, applying research from the latest scientific literature. we support our clients throughout the entire cycle of a machine learning project, from ideation to integration and scaling. for more information, visit our website at www.vi