LZGI FatBrain AI Stock: LZG International Inc. FatBrain Stock Price in 2024

Usman Ali

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FatBrain AI has attracted interest of investors for its innovative approach to AI solutions. FatBrain AI is positioned at the intersection of data-driven insights and real-world applications. FatBrain AI stands out with its unique offerings and strong growth potential.

Depending on company growth, FatBrain AI stock may be a worthy addition to investor portfolios. 

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FatBrain AI

FatBrain AI

LZG International Inc. (LZGI) owns FatBrain AI, a leader in business AI solutions. Strong sales growth and expansion were observed in fiscal 2023, catering to leading corporations such as Samsung, IBM, and Bank of America.

In addition to launching an AI Education Ecosystem, the company is focused on automating international audit compliance for upcoming files. With over 600 employees worldwide, FatBrain AI turns cloud computing, narrative reasoning, and learning into simple-to-integrate AI solutions.

FatBrain AI Stock Price

As of July 24, 2024, the stock price of LZG INTERNATIONAL (LZGI) is $0.005.

FatBrain AI Market Cap

LZG INTERNATIONAL’s (LZGI) market capitalization is around 1.1 million.

FatBrain AI 2023 Operational Highlights

FatBrain AI reports its fiscal 2023 full-year unaudited results, which include $44.2 MM in sales, $10.7 MM in gross profits, and $15.9 MM in operational expenses. $15.9 million was the net loss. The business continues to see substantial growth in revenue and is confident in its financials.

FatBrain AI Revenue

Revenue for FatBrain AI (LZGI) is $24 million, up 155% on a quarterly basis.

Genius Group and FatBrain AI ($LZGI) Form a Partnership as Part of the Firm’s Robust 2024 Growth Plan

Genius Group and FatBrain AI ($LZGI) Form a Partnership as Part of the Firm's Robust 2024 Growth Plan

Michael T. Moe, the creator of GSV and a private investor in popular companies such as Meta, Twitter, Spotify, Coursera, and Palantir, serves as executive chair of FatBrain AI, an AI-driven SAAS company (OTCMKTS: LZGI) that was co-founded with serial entrepreneur Peter B. Ritz.

FatBrain AI connects government agencies, Fortune 500 companies, and small and midsize businesses with a range of industry-specific SAAS solutions by providing peer intelligence and hierarchical insights.

The collaboration between Genius Group and FatBrain AI would allow it possible to provide a comprehensive, end-to-end AI education ecosystem. Early in 2024, the AI Education Ecosystem is anticipated to launch globally.

Throughout the first half of 2024, FatBrain AI plans to introduce a number of further new products aimed at particular industries. The AI learning environment would enable young learners to acquire individualized, future-oriented abilities.

Companies and governments would also be able to share pertinent intelligence quickly and increase employee competitiveness by city, region, and country.

Market Capitalization of FatBrain AI and Genius Group

The price/revenue multiple for FatBrain AI stock/shares after they are converted to Genius Group’s is roughly 0.4x the price/trailing revenue multiple, based on Genius 2023 guidance revenue and post-deal ownership splits of FatBrain AI and Genius Group, in addition to Genius Group’s $0.29 per ordinary share closing day price on Wed., Mar. 13, 2024, the closing date of the transaction.

In contrast, Genius Group’s price/trailing revenue multiple yields a price/revenue multiple of roughly 0.85x.

Conclusion: FatBrain AI Stock

On January 23, 2023, CEO Peter B. Ritz of FatBrain AI (LZG International, OTCQB: LZGI) provided a noteworthy update to shareholders. From September to November 2022, the company’s quarterly revenue increased by an astounding 184%, reaching over $6.9M, with gross margins of 81%.

Revenue exceeded $6 million per month as of December 2022. The goals of FatBrain AI are to track a $281 million acquisition pipeline, streamline operations, and integrate its acquisitions. By 2030, the market for AI solutions is expected to have grown from $119.78 billion in 2022 to $1,597.1 billion.

By improving innovation and AI solutions for small and medium-sized businesses, the company hopes to become the market leader.

FAQs: FatBrain AI Stock

What is FatBrain AI and how does it relate to Genius Group Limited?

FatBrain AI is a cutting-edge technology company that specializes in AI solutions designed to enhance learning and operational efficiency. It is a subsidiary of Genius Group Limited, which focuses on integrating AI 2.0 technologies and advanced educational resources into its platform.

The relationship allows FatBrain AI to leverage the vast resources and networks of Genius Group Limited to expand its reach and capabilities in the field of AI education.

What are the main products offered by FatBrain AI?

FatBrain AI provides a suite of powerful and easy-to-use AI solutions aimed at various sectors. These include easy-to-integrate AI solutions for businesses looking to enhance their operational processes, in addition to AI solutions to empower educational institutions.

The focus on advanced data services helps transform traditional learning systems into interactive and engaging platforms that promote continuous learning.

How does FatBrain AI utilize cloud and blockchain technologies?

FatBrain AI incorporates cloud and blockchain technologies to create secure, scalable, and efficient educational tools. By leveraging blockchain technologies into auditable enterprise systems, the company ensures data integrity and security for users.

This approach helps in automating compliance processes, such as international audit compliance, while simultaneously providing real-time access to educational resources.

What are the implications of FatBrain AI on the AI education ecosystem?

The presence of FatBrain AI in the AI education ecosystem signifies a shift towards personalized and adaptive learning methodologies.

With its emphasis on explainable large language models and narrative reasoning, FatBrain AI is poised to revolutionize the way educational content is delivered and consumed, making learning engaging and effective.

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