ZHUHAI, China, April 4, 2023 /PRNewswire/ — Powerbridge Systems Co., Ltd. (Nasdaq: PBTS) (“Powerbridge” or the “Company”), a foremost service provider of multi-business technological know-how options, now declared it has obtained 90% stake of Ascendent Insights Instruction Co., Ltd. (“AIedu”), an AI schooling assistance enterprise. This go is aspect of Powerbridge’s technique to develop its existence in the education field and leverage AIedu’s expertise to more strengthen its choices.
The acquisition of AIedu will enable Powerbridge Systems to integrate ChatGPT into its existing schooling choices, one particular of the essential motorists of growth for the Corporation. ChatGPT is a match-shifting item in early childhood instruction that presents customized understanding expertise for students. The integration of ChatGPT into Powerbridge’s existing education and learning offerings is predicted to generate significant advantages for the Enterprise, which includes expanded market place possibilities, a larger sized user base, and elevated revenue streams.
“Signing up for forces with Powerbridge will assistance us to offer our AI-run schooling expert services to a much larger foundation of participant far more pupils,” said Aaron Liu, CEO of AIedu. “We are energized to perform with Powerbridge to integrate our impressive products and solutions and further more establish reducing-edge options that meet the requires of pre-childhood schooling. Our team is psyched to deliver continued values to the business.“
Stewart Lor, CEO of Powerbridge Systems, commented: “The acquisition of AIedu is an fascinating action forward as the Organization continues to innovate and carry reducing-edge technological innovation solutions to the education industry. With our emphasis on personalized understanding encounters for pre-university kids, we are nicely-positioned to tap into this rising industry and push long run growth for our shareholders.“
About Ascendent Insights
AIedu is an AI education and learning assistance enterprise with extra than 400,000 buyers and about 20,000 looking through resources. AIedu serves in excess of 4,000 nurseries and kindergartens with 40,000 educators, offering an ground breaking approach to early childhood education by way of its use of AI engineering. Its flagship item, Tiny Egg, has received good responses from mom and dad and educators alike for its skill to supply customized learning experience for every scholar.
About Powerbridge Technologies
Powerbridge Technologies Co., Ltd. (Nasdaq: PBTS) is a major provider of multi-marketplace engineering remedies. The Company provides software and platform applications, IoT system solutions and intelligent equipment, provide chain platforms and interactive media expert services, metaverse and electronic services, and cryptomining system companies and cryptocurrency asset functions.
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For additional data, remember to make contact with:
Corporate Investor Relations
Powerbridge Technologies Co., Ltd.
E-mail: [email protected]
Website: www.powerbridge.com/ir/
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