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Datametrex (TSXV:DM) receives $1.6M purchase order from Bitnine Global

Technology
TSXV:DM
14 October 2022 09:45 (EDT)

Source: Datametrex AI.

Datametrex (DM) has received a C$1.6M purchase order from a Silicon Valley tech company.

The client, San Francisco’s Bitnine Global, will utilize Datametrex’s artificial intelligence (AI), server automation and installation services.

Bitnine is a global leader in graph database business solutions that both improve outcomes and evolve with the existing marketplace.

Datametrex’s AI technology business continues to build momentum, with revenue expected to rise over the coming years.

According to Fortune Business Insights, the global AI market is projected to rise to US$1,394.30B in 2029, increasing at a CAGR of 20.1 per cent between 2022 to 2029.

The company remains focused on expanding AI initiatives.

“The company is thrilled to have a new Silicon Valley client,” stated Marshall Gunter, Datametrex’s CEO. “We are working on additional sales with our land and expand strategy. We are here to help businesses grow, mitigate risk and improve operations.”

Datametrex AI is a technology company with exposure to artificial intelligence, machine learning, telehealth and the electric vehicle market.

Datametrex (DM) opened with a gain of 5.88 per cent, trading at $0.09 per share.


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