Ambow Education Signs $1.3M Deal to Expand AI-Driven Learning Tools Globally
Portfolio Pulse from Benzinga Newsdesk
Ambow Education Holding Ltd. (NYSE:AMBO) has signed a $1.3 million licensing agreement with Inspiring Futures Pte. LTD to expand its AI-driven educational tools globally. This deal allows the production and sale of the HybriU AI UniBox internationally, supporting Ambow's mission to enhance education worldwide.
October 07, 2024 | 10:04 am
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Ambow Education has entered a $1.3 million licensing agreement to expand its AI-driven educational tools globally, potentially increasing its market reach and revenue.
The $1.3 million deal with Inspiring Futures Pte. LTD allows Ambow to license and sell its AI-driven educational solutions internationally. This expansion aligns with Ambow's mission and could lead to increased revenue and market presence, positively impacting its stock price.
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