IntelliAM AI is developing AI technology to enable more efficient manufacturing practices. It has acquired a consulting business with a client base that could provide further opportunities for the technology.
Since flotation, IntelliAM AI secured a funding award of £263,000 from DIF Lighthouse Fund. This is for research into the application of AI in lubrication analysis. A machine learning model will be created.
Cash raised will fund further technology development. The share price has risen to 110p. There has been limited liquidity since the first day of trading. Fairly valued for now.
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