Generative AI Solutions Corp C.AICO

Alternate Symbol(s): AICOF

Technology Information Technology Services

Generative AI Solutions Corp. is a Canada-based artificial intelligence company. The Company is focused on developing a vertically integrated artificial intelligence (AI) solutions business through its MAI Cloud platform, with the development and commercialization of AI-powered tools and solutions for businesses and consumers across multiple industries. It is focused on using AI to create transformative products and services that benefit business and consumers across various sectors. The Company is engaged in developing AI-based solutions, which can be integrated into diverse workflows. By leveraging its MAI Cloud platform and its expertise in machine learning, natural language processing, and data analytics, it builds high-performance tools that redefine efficiency, productivity, and user experience. It intends to use the MAI Cloud platform to perform AI computing tasks and hosting for its internal projects, including GenAI Tobacco, Remitz, Classmate, and Global AI Newswire.

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Generative AI Solutions Corp > Normal Course Issuer Bid

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Comment by Adwarion Oct 30, 2021 9:44am

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Post# 34067589

RE:Normal Course Issuer Bid

A normal-course issuer bid is a Canadian term for a public company's repurchase of its own stock in order to cancel it. A company is allowed to repurchase between 5% and 10% of its shares depending on how the transaction is conducted.
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Therefore, the PODA news release should be considered good news.

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