Genius Group Limited (GNS) has released an update.
Genius Group Limited has detailed the acquisition of FatBrain AI assets in a strategic move to bolster its AI-powered educational offerings, anticipating a significant increase in pro forma revenue and profits for 2023. The transaction, an all-share deal, will not result in a merger but will see FatBrain becoming a wholly owned subsidiary of Genius Group. This development promises to enhance the company’s market standing with projected asset growth and a robust growth plan that aims for 100 Genius Cities and $1 billion in annual revenues within the next decade.
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