Adamas One Corp (JEWL) acquires a minority stake in synthetic intelligence options supplier NexGenAI Options Group, Inc.
Adamas One Corp. (Nasdaq: JEWL) (“Adamas One,” “Adamas” or the “Firm”), The Authentic Lab-Grown Diamond Firm™, a high-tech firm that makes use of proprietary know-how to provide high-quality single-crystal, Lab-Grown Diamonds for jewellery and diamond supplies for industrial use, at the moment declares the acquisition of 9.99 shares of NexGenAI Options Group, Inc. (“NexGenAI”), which via its subsidiaries and associates, provides AI-driven options geared toward revolutionizing enterprise operations in varied sectors.
As a part of the all-stock deal, Adamas will achieve entry to NexGenAI’s synthetic intelligence options that can assist the Firm optimize quite a few manufacturing, advertising, branding and communications processes. Adamas expects the partnership to assist enhance manufacturing, create and produce new jewellery designs for its high-end Elle Jolie line, and assist streamline advertising efforts that vary from easy communications on the corporate’s web site with synthetic intelligence to the initiation focused advertising campaigns.
Adamas One CEO Jay Grdino mentioned: “Synthetic intelligence is a cutting-edge know-how that’s rightfully gaining vital consideration and a focus each in at the moment’s enterprise macro surroundings and in tradition at massive. These investments and partnerships allow us to strategically incorporate synthetic intelligence into our enterprise to maximise productiveness, effectivity, creativity and worth. NexGenAI has a powerful lineup of founding entrepreneurs with spectacular observe data. We consider that the advantages of the strategic integration of AI, if profitable, will result in measurable enterprise success and shareholder worth.”
“By leveraging NexGenAI’s strategic AI capabilities throughout our operations, our purpose is to enhance productiveness and enhance effectivity for Adamas One. This sensible integration of synthetic intelligence into the enterprise construction is a great step to keep up the expansion trajectory and strengthen our place available in the market within the face of recent applied sciences,” added Michael Voloshyn, founding father of NexGenAI Options.
About NexGenAI:NexGenAI, via its subsidiaries NexGenAI Options Group USA and NexGenAI Options Group EAL, supplies superior AI-based options which might be remodeling enterprise operations throughout a number of sectors. Utilizing synthetic intelligence, NexGenAI empowers firms to automate processes, optimize effectivity and drive sustainable development. For extra details about NexgenAI, go to Nexgenai.io.
About Adamas One CorpAdamas is a laboratory diamond producer that produces near-flawless single crystals of diamonds for gem and industrial purposes at its services in Greenville, South Carolina. The corporate holds 36 patents and makes use of a proprietary chemical vapor deposition (CVD) course of to develop gem-sized and smaller diamond crystals. Adamas One™ lab-grown diamonds have the identical bodily, chemical and optical properties as mined diamonds. The corporate’s managed manufacturing processes produce very high-quality, high-purity, monocrystalline colorless, almost colorless, and fancy-colored Kind IIA diamonds which might be appropriate for quite a lot of industrial and gem purposes. The corporate intends to advertise and promote its diamonds within the wholesale jewellery and industrial markets. For extra info go to www.adamasone.com.
