Fobi AI Inc. (OTC:FOBIF) Stock Surges 17%: Here is Why

The rally in the markets brought about by the growth of the artificial intelligence (AI) sector has led to considerable attention for many companies involved in the sector. One of the companies that may be worth the attention of investors at this point is Fobi AI Inc. (OTC:FOBIF), a leading player in its industry involved in deploying data intelligence and AI for the purpose of bringing about digital transformations. On Monday, the company came into focus after it announced that it had inked a data license agreement with one of the biggest original craft breweries in Canada, Vancouver Island Brewing.

In the news release, it was noted that the partnership would provide the brewery with state-of-the art data analytics capacities so that it could be possible for the brewery to bring about considerable growth in the intensely competitive craft beer industry of the present age. The Chief Executive Officer of Fobi AI, Rob Anson, spoke about the latest agreement yesterday. He noted that everyone at the company was excited about the steady growth and expansion of the partnerships that the company had in place with Vancouver Island Brewing. The company was also proud of the validation and recognition that had been garnered by Fobi Data Exchange in the liquor and beverage industries.

He went on to add that the continued momentum in growth that was being witnessed by Fobi AI was also a demonstration of the fact that real-time capacity and automation provided considerable value to organizations in the industry. In this day and age, most businesses face considerable challenges in getting date-based insights owing to difficulty in gathering data effectively. However, the Data Exchange from Fobi AI solves that problem by offering an entirely automated data platform that provides easy access to actionable data.