Addentax Group Corp. Is Launching Automation Of Artificial Intelligence Internet Operational Tools Project With Top Games-As-A-Service Firms
Portfolio Pulse from Happy Mohamed
Addentax Group Corp. (NASDAQ:ATXG) has announced a partnership with certain Games-as-a-Service firms to develop Artificial Intelligence Online Operational Tools. The project aims to refine and update content within online games, optimizing commercialization strategies for gaming companies. The project team includes professionals from Tencent Holdings, LinkedIn Corporation, and Respawn Entertainment LLC (NASDAQ:EA). Addentax's CEO, Mr. Hong Zhida, sees this as a significant milestone in diversifying into AI-focused sectors.

June 30, 2023 | 1:43 pm
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Respawn Entertainment, a subsidiary of EA, is indirectly involved in Addentax's AI project through its team members' participation.
While EA is not directly involved in the project, the participation of team members from its subsidiary, Respawn Entertainment, could potentially have some impact on the company.
CONFIDENCE 70
IMPORTANCE 50
RELEVANCE 50
POSITIVE IMPACT
Addentax's new AI project could potentially expand its business portfolio and drive substantial growth in the future.
The AI project represents a significant diversification for Addentax into AI-focused sectors, which could potentially drive substantial growth for the company.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100