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This May be One of the Hottest Pure-Play Revenue Generating AI Companies Hiding on Wall Street…
Kings Entertainment Group Inc. (OTC: KENGF) (CSE: JKPT) is firing on all cylinders in the AI craze with a game-changing technology that could lead to businesses across the world lining up for discussions.
With an agreement to acquire innovative artificial intelligence (AI) and big data solutions, Kings Entertainment Group Inc. is making its big splash in the AI boom. A predictive system that empowers businesses to thrive may generate tremendous shareholder value for this emerging player.
Just like "blockchain" and "dotcom" before it, A.I. has become the buzzword companies want to grab a piece of.
AI is now mainstream.
Its popularity has only grown since the artificial intelligence-based chatbot ChatGPT by OpenAI took the world by storm.
The Artificial Intelligence theme may have been on investors’ minds for a handful of years, but it was the launch of Chatbot ChatGPT that really set the industry’s stocks on fire.
According to Next Move Strategy Consulting, the market for artificial intelligence (AI) is expected to show strong growth in the coming decade.
Its value is expected to grow twentyfold by 2030, and up to nearly two trillion U.S. dollars.
It’s no wonder that tech giants, cloud titans, chipmakers, and many kinds of companies are all battling for an edge in the growing Artificial Intelligence (AI) space.
Many of these companies are adding AI to their existing operations to make them more powerful.
Some examples include Google, a subsidiary of Alphabet, using AI to filter out spam for Gmail users. E-commerce giant Amazon is using AI to recommend products to customers.
With the hype around AI exploding, Wall Street is now racing to discover the best artificial intelligence (AI) companies that could be positioned to surge.
Kings Entertainment (OTC: KENGF) (CSE: JKPT) is an emerging player in the AI space that is on the heels of acquiring innovative AI technology to help businesses thrive.
With technology that could become highly sought after by companies around the world (perhaps Fortune 100, and even Fortune 500 companies), this could be the beginning of a BLUE-CHIP growth story!
AI IS NOT A BUBBLE
The world is in a revolution. One with a full range of innovations driven by Artificial Intelligence (AI).
Artificial intelligence has been a recurrent theme in science fiction, but it has become a big reality today.
One that shouldn’t spook the world but should make people open their eyes to the opportunities ahead. AI.
For decades people have been developing AI offerings and trying to get them to work.
Most of the time they failed.
But now…. AI has proven to be successful in many areas and the real-world impact is astronomical.
The potential for AI’s growth is undeniably vast given how important the internet is today and how many people are on it.
According to Demandsage, a staggering 5.07 billion people around the world are on the Internet as of 2023.
“We do not believe what we are seeing today is the equivalent of the tech bubble in the late 90s or in the leverage-driven nature of the market leading up to the financial crisis,” says Kevin Philip, partner at Bel Air Investment Advisors.
He notes that companies in today’s market have much stronger fundamentals than they did in either of those instances.
"It's not a bubble," Chris Harvey, head of equity strategy at Wells Fargo Securities, recently told CNBC.
He argues that valuations and earnings expectations for AI today are more realistic than they were for early internet companies in the late 1990s, and that companies have immediate commercial uses for AI tech.
“AI is a game changer,” says Liz Young, head of investment strategy at SoFi. “It's something that's going to change industries, but it's pretty early in the lifecycle… we just don't know which companies are going to be good at it and which ones are not.”
As the buzz around Artificial Intelligence (AI) gets louder, Kings Entertainment (OTC: KENGF) (CSE: JKPT) looks like one of the most promising companies in the arena going undetected.
Reasons to Have Kings Entertainment on Your Radar Right Now:
#1 Artificial intelligence has been one of the major Wall Street stories so far in 2023 with tech players like Amazon, Meta, Nvidia, and Intel all benefiting from investor excitement.
#2 Chipmaker Nvidia's stock was up more than 200% one point this year, and artificial intelligence (AI) software provider C3 AI's stock was up more than 250%!
#3 Early entrance into the arena could help the company generate maximum shareholder value. AI appears to have real potential to go down as this decade's most disruptive technology trend.
#4 A recent agreement to acquire Braight AI Technologies Inc. gives investors early exposure to the company’s AI growth story.
#5 Partnered with big names like Microsoft and Google Cloud Platform, among others.
#6 The company is already generating revenues, unlike many other AI startups.
#7 AI uses large amounts of data and machine learning algorithms to identify patterns, gain insight, make predictions, and automate decisions.
#8 Braight AI is using big data to help companies flourish. Companies use big data in their systems to improve operations, provide better customer service, create personalized marketing campaigns, and take other actions that, ultimately, can increase revenue and profits.
#9 Braight AI’s game-changing AI predictive system can help companies increase revenues, reduce customer acquisition costs, and increase marketing ROI.
#10 These are AI-based solutions for more personalized user experiences and more effective marketing and sales activities.
#11 This is a huge advantage for the global e-commerce arena which is expected to total $6.3 trillion in 2023.
Conclusion
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Kings Entertainment (OTC: KENGF) (CSE: JKPT) has a golden ticket into the AI boom… one that will place a highly marketable technology into the company’s hands.There’s a big challenge in the retail landscape…Customer acquisition cost is one of the highest among retailers due to expensive and ineffective advertising campaigns or high cost per lead.Low conversion rates on ads diminish profits and slow the expansion of the customer base.With how much data potential is unused, companies are missing out. Online retailers generate a great deal of data but do not know how to analyze it properly.Retailers also face a lack of personalized offers and reminders which causes abandoned baskets, drop-offs, and cancellations.
Without product recommendations, customers are 44% less likely to return to the e-shop and buy again.
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