At this point in time, more and more investors are looking into companies involved in the AI (artificial intelligence) sector, and one of the companies that may be worth tracking is Artificial Intelligence Technology Solutions Inc. (OTC: AITX). Yesterday the company was in sharp focus after it made an announcement with regards to the launch of a new product.
New Launch
Artificial Intelligence Technology Solutions announced the launch of Autonomous Verified Access (AVA) Gen 4. The product was described as an advanced AI-backed access control offering for both commercial as well as residential applications. In the news release, Artificial Intelligence Technology Solutions announced that the solution had been redesigned completely inside and outside and brought about a range of new enhancements.
Enhancements
Some of those include a fully rewritten software platform, new hardware, and pathbreaking security enhancements. The enhancements had been brought in by the company for the purpose of serving a wider range of clients, which may include homeowners, logistics-related applications, and homeowner associations, among others. The offering of a new product is almost always seen as a positive, and it may be a good time to add Artificial Intelligence Technology Solutions to your watch lists.
CEO Quote
“AVA Gen 4 is a direct result of customer demand and our commitment to continuous innovation,” said Steve Reinharz, CEO/CTO of AITX and RAD. “By integrating feedback from our clients and leveraging the latest advancements in AI and automation, we’ve developed a flexible and powerful access control solution suited for both logistics hubs and residential communities.”
Technicals
| +/- EMA(20) | 0.0028 (-7.14%) |
| +/- SMA(50) | 0.0029 (-10.34%) |
| +/- SMA(200) | 0.0038 (-31.58%) |
| 5-Day Perf. | -7.14% |
| 1-Month Perf. | -27.78% |
| 3-Month Perf. | – |
| 6-Month Perf. | -25.71% |
| YTD Perf. | +8.33% |
| 1-Year Perf. | -3.7% |
| RSI(14) | 38 |
| ATR(14) | – |
| ADX(14) | 16.48 |
