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Datametrex AI (TSXV:DM) completes first phase of $40M AI contract

Technology
TSXV:DM
31 March 2022 08:45 (EDT)
Datametrex - CEO, Marshall Gunter.

Source: LinkedIn.

Datametrex AI (DM) and its subsidiary, Nexalogy, have successfully completed the first phase of its AI contract with the Canadian government.

Nexalogy’s Social Media Automated Reporting Technologies (SMART) significantly speeds up the analysis of social media influencer activities with the goal to stop the spread of misinformation and propaganda online.

“With our Nexalogy software being trusted in the global misinformation war by government agencies, this proves our technical advantage when it comes to social media intelligence and data analysis”, said Marshall Gunter, CEO of Datametrex.

According to the analysts of Mordor Intelligence, the cyber security market is expected to reach US$352.25 billion by 2026.

SMART reduces the time needed to interpret and integrate large sets of data by offering powerful automated analyses.

Datametrex AI Limited is a technology-focused company with exposure to Artificial Intelligence and Machine Learning through its wholly-owned subsidiary, Nexalogy.

Shares of Datametrex AI Limited (DM) opened trading at C$0.155.

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