Pires Investments (GB:MFAI) has released an update.
Pires Investments, an AI-focused investment company, has reported a decrease in net asset value and per-share value in their 2023 financial results, alongside strategic investments in promising tech ventures. Despite market challenges, the company’s portfolio, which includes investments in cybersecurity, fleet management, and the metaverse, has seen positive developments, with several funding rounds and significant commercial deals. The company’s emphasis on next-generation AI technology underpins their rebranding to Mindflair plc and the active progress of their investments, such as CameraMatics’ growth and Virtex’s new $3.5 million commercial deal.
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