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VPN Technologies (CSE:VPN) unveils new AI business division

Market News, Technology
CSE:VPN
06 February 2023 09:45 (EDT)

Source: VPN Technologies Inc.

VPN Technologies (VPN) introduced new artificial intelligence (AI) and machine learning capabilities, complementing its existing suite of software development activities.

This business division will focus on AI-enhanced software development services and intelligent networking solutions to further the company’s ability to participate in this technology.

The company’s President and CEO, Paul Dickson, stated that AI has become an undeniable reality – one he says promises to revolutionize commerce practices at an unprecedented rate.

“With our sights set on mastering machine learning and artificial intelligence technology, we are eager to explore new possibilities that will expand our portfolio. We’re proud to announce the formation of a new AI division within the company.”

VPN Technologies Inc. provides Virtual Private Network (VPN) services to the retail market and small to medium enterprises.

The company provides online privacy and anonymity for users by creating a private network from a public internet connection.

VPN Technologies Inc. (VPN) was down 5.26 per cent, trading at C$0.09 per share as of 9:45 am ET.


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