In light of the announcement made by the company last Friday, it is likely that the Affluence Corporation (OTC:AFFU) stock could be the one to watch this week. On February 7, the company had been in the news cycle after it made an announcement with regards to its subsidiary unit, OneMind Technologies. We take a closer look in this feature.
New Alliance
In the news release, the company announced that OneMind Technologies, its subsidiary, would go into an alliance with Mingothings Arabia for the purpose of demonstrating advanced AI-backed IoT solutions and smart city innovations at the global tech event LEAP 2024. It should be noted that OneMind is a leading operator in the smart city and IoT technology platforms. It was also announced that the event was going to take place from February 9 through February 12 in Riyadh, Saudi Arabia.
Further Details
The company went on to note that the collaboration with Mingothings Arabia would allow OneMind to provide a better demonstration of the ways in which AI, IoT integration, and data processing in real time could help in taking urban transformation forwards. It could be the right time for investors to consider adding the Affluence Corporation stock to their watch lists.
