Medigus Subsidiary Jeffs' Brands To Acquire 50.01% Interest In An AI Marketing Business To Enhance Its Machine Learning Capabilities; Jeffs' Brands Will Invest $1M
Portfolio Pulse from Benzinga Newsdesk
Medigus subsidiary, Jeffs' Brands, intends to acquire a 50.01% interest in an AI marketing business, B24Chat. The move aims to enhance Jeffs' Brands' machine learning capabilities and upgrade its marketing and services performance. The investment is valued at $1M.
July 07, 2023 | 1:03 pm
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Medigus' subsidiary, Jeffs' Brands, is acquiring a majority stake in B24Chat. This could enhance the company's machine learning capabilities and improve its marketing performance.
The acquisition of a majority stake in B24Chat by Jeffs' Brands, a subsidiary of Medigus, is likely to enhance the company's machine learning capabilities and improve its marketing performance. This could potentially lead to increased revenues and profitability, which may positively impact the company's stock price in the short term.
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