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Stock impact report

DatChat Acquires Advanced AI Tool to Enhance Myseum Platform

DatChat, Inc. (DATS) 
Company Research Source: GlobeNewswire
DatChat expands its capabilities with the acquisition of an AI-driven media organization tool, set to redefine digital legacy management New Brunswick, NJ, Aug. 29, 2024 (GLOBE NEWSWIRE) -- DatChat, Inc. (NASDAQ: DATS), a secure messaging, metaverse, and social media company, announced today it has entered into an asset purchase agreement to acquire the source code and complete rights to an artificial intelligence (AI) tool designed for media library organization. This proprietary software, which integrates seamlessly with leading AI models like Gemini, OpenAI, and Claude, will enhance DatChat's ongoing commitment to providing secure, user-friendly digital legacy solutions through its Myseum platform. Once integrated, it will allow Myseum users to create a multi-tiered social media ecosystem with their family via a secured family network for storage and sharing. The acquired AI tool is specifically tailored to manage media libraries by intelligently tagging and renaming images and Show less Read more
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