%ArtificialIntelligence solutions can help with many industries and this company has shifted its focus to deliver the best possible AI solutions for our customers—particularly in the health and entertainment sectors—where they believe they can make a truly transformative impact.
Completing its pivot to an all-AI company, %Sonasoft () announced the sale of Cornerstone Tech Inc. its wholly-owned subsidiary, for aggregate cash consideration of approximately $730,000. Cornerstone was acquired by Sonasoft in 2019 as a transitional step.
According to Mike Khanna, CEO of Sonasoft, “The sale of Cornerstone allows us to double down on delivering AI solutions for our core markets,” as the firm works to refine the SAIBRE AI ecosystem to ensure it is the best-in-class platform for customers.
Shares were trading at $0.04105 in morning trade.