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Almawave Unveils Advanced Multilingual AI Models for Europe

Story Highlights
  • Almawave introduces Velvet 25B and Velvet Speech 2B to enhance multilingual AI capabilities.
  • The new models support various sectors with efficient and sustainable AI solutions.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Almawave Unveils Advanced Multilingual AI Models for Europe

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An announcement from Almawave S.p.A. ( (IT:AIW) ) is now available.

Almawave has launched the Velvet 25B and Velvet Speech 2B, advanced AI models designed to enhance multilingual capabilities across the 24 official EU languages. These models aim to improve text processing, voice interaction, and real-time data integration, supporting sectors like Public Administration, Health, and Finance. The models are efficient, sustainable, and can be deployed on various infrastructures, making them accessible to a wide range of organizations.

The most recent analyst rating on (IT:AIW) stock is a Buy with a EUR5.00 price target. To see the full list of analyst forecasts on Almawave S.p.A. stock, see the IT:AIW Stock Forecast page.

More about Almawave S.p.A.

Almawave S.p.A. is an Italian company listed on the Euronext Growth Milan market and part of the Almaviva Group. It operates in the field of Data & Artificial Intelligence, focusing on developing advanced linguistic models and AI technologies that are multilingual and adaptable to various use cases. The company aims to strengthen the European landscape of Large Language Models and ensure accessible AI solutions.

Average Trading Volume: 60,683

Technical Sentiment Signal: Buy

Current Market Cap: €128.6M

For a thorough assessment of AIW stock, go to TipRanks’ Stock Analysis page.

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