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Fobi AI Inc V.FOBI

Alternate Symbol(s):  FOBIF

Fobi AI Inc. is a Canada-based artificial intelligence (AI) and data intelligence company that provides businesses with real-time applications to digitally transform and future-proof their organizations. The Company enables businesses to action, leverage, and monetize their customer data by powering personalized and data-driven customer experiences and drives digital sustainability by eliminating the need for paper and reducing unnecessary plastic waste at scale. It operates in the technology industry and earns revenues from directly selling software-as-a-service (SaaS), reselling, referring, and licensing its technology to licensors. It offers Wallet passes, which are digital representations of physical cards or documents that are stored in mobile wallet apps and simplify the user experience by providing smartphone access to membership cards, coupons, tickets, and more. It enables businesses to action, leverage, and monetize real-time data across online and offline platforms.


TSXV:FOBI - Post by User

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Post by Bobo2929on Jun 14, 2021 5:22pm
269 Views
Post# 33383380

News - more Telus

News - more TelusGood news - next stage with Telus.


VANCOUVER, BC, June 14, 2021 /CNW/ - FOBI AI Inc. (formerly Loop Insights Inc.) (TSXV: FOBI) (OTCQB: FOBIF) (the "Company" or "FOBI"), is pleased to announce that it has signed a Proof of Concept (POC) with TELUS to integrate the FOBI Data platform into the TELUS Insights Location Services Data solution that TELUS provides to their business clients. The POC is scheduled for 90 days and, upon successful completion, there are immediate revenue opportunities for FOBI. These revenue opportunities could include, but would not be limited to, Telus reselling FOBI's products directly or licensing opportunities. The combined products of Telus Insights and FOBI's real-time data analytics and reporting could generate substantially increased new-line revenue for both companies delivering great value for their respective shareholders.
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