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The latest announcement is out from Almawave S.p.A. ( (IT:AIW) ).
Almawave has entered into a technological collaboration with IBM to accelerate the adoption of AI and data governance among Italian companies. This partnership integrates Almawave’s Velvet AI models with IBM watsonx, aiming to provide scalable, secure, and compliant AI solutions tailored to European regulations. The collaboration enhances data management capabilities, allowing non-technical users to access and analyze corporate data in natural language, thereby simplifying decision-making processes. This initiative is expected to strengthen both companies’ positions in the AI sector, particularly within the Italian market, and support digital innovation projects in public administration.
The most recent analyst rating on (IT:AIW) stock is a Buy with a EUR5.90 price target. To see the full list of analyst forecasts on Almawave S.p.A. stock, see the IT:AIW Stock Forecast page.
More about Almawave S.p.A.
Almawave S.p.A is an Italian company listed on the Euronext Growth Milan market, specializing in the Data & Artificial Intelligence sector. The company offers proprietary technologies and services that leverage AI and data to drive digital transformation in various sectors, including Government, Finance, Energy & Utilities, Tourism, and Healthcare. Almawave operates with over 400 clients globally and employs around 450 professionals.
Average Trading Volume: 32,935
Technical Sentiment Signal: Sell
Current Market Cap: €92.95M
For an in-depth examination of AIW stock, go to TipRanks’ Overview page.