Tech Talk
Artificial intelligence (AI) is all the buzz, but for good reason. AI is being used to automate and optimize many tasks previously thought to be beyond computers. WTR will be hosting a hybrid conference on April 10-11 in New York City to discuss how AI can propel the business prospects of smaller companies. Large companies like Google and Microsoft are big in AI, but is that going to lead to outsized growth? Smaller companies have the chance to revolutionize their business and revenue growth with AI. With bitcoin holding above $70,000 and a halving coming (slowing the growth of bitcoins), ETFs from iShares, Fidelity, Franklin, and ARK have all seen significant interests. The key looks to be the supply of bitcoins starting to get close to the limit of 21 million bitcoins globally. So far, around 19 million have been released. While previous halving events have not driven bitcoin to rise, it does bring the scarcity question into the forefront. If bitcoin continues to gain the attention of investors, companies in the business of bitcoin processing, like those presenting at our conference, will likely start to get more attention. AI-using companies presenting at the WTR Technology Conference include AAC Clyde Space (LSE: 0GFN.L), AEye (NASDAQ: LIDR), Crexendo (NASDAQ: CXDO), Cyngn (NASDAQ: CYN), Gorilla Technology Group (NASDAQ: GRRR), Nowigence (NASDAQ: NOWG), Perfect Corp. (NYSE: PERF), SES AI (NYSE: SES), Sidus Space (NASDAQ: SIDU), Soluna Holdings (NASDAQ: SLNH), and SOVA (private). Crypto-enabling companies presenting at the WTR Technology Conference include Bakkt (NYSE: BKKT), Galaxy Digital Holdings (TSX: GLXY), and WonderFi Technologies (OTCQB: WONDF). WTR Technology analysts Dr. John Roy and Curtis Shauger will host the two-day event. Please register using the link in our full report.
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