Amesite (NASDAQ: AMST), a Detroit-based AI software company, has set out the progress it has made in integrating generative AI into its platform. The release of ChatGPT has showcased capabilities and potential of generative AI, which can produce increasingly sophisticated original content. Companies like Amesite that have exposure to generative AI and e-learning sectors could be positioned for significant growth. This opportunity is set against the everything as a service (“XaaS”) market, which includes products like generative AI, predicted to reach $1.2 trillion by 2031, as well as the overall global e-learning market projected to climb to nearly $1 trillion by 2028. Amesite Chief Executive Officer Anne Marie Sastry commented during a recent shareholder update on how the company is keeping up with the fast-paced developments in the AI industry. As part of its generative AI offerings, Amesite launched new learning and creative assistants that help course designers create content for the platform. The company also released a publicly available course on the fundamentals of using ChatGPT. According to Sastry, the announcement of Amesite’s ChatGPT content resulted in a five times increase in site traffic.
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About Amesite Inc.
Amesite, an artificial intelligence-driven platform and course designer, provides online products in the United States. The company uses machine learning to offer a mass customized experience to learners. Its customers include businesses, universities and colleges, K-12 schools, and non-profit organizations. The company was incorporated in 2017 and is headquartered in Detroit, Michigan. For more information, visit https://amesite.com.
NOTE TO INVESTORS: The latest news and updates relating to AMST are available in the company’s newsroom at https://ibn.fm/AMST
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