SINGAPORE – Genius Group Limited (NYSE American: GNS), an entrepreneur-focused edtech group, has launched a suite of artificial intelligence (AI) tools and avatars on its GeniusU platform, aiming to enhance the capabilities of its 5.4 million entrepreneurial students. The new Genius Team AI offers 32 AI Avatar Expert Advisors and 12 AI Tools designed to assist entrepreneurs in various tasks such as content creation and language translation.
The AI avatars, inspired by historical figures like Albert Einstein and Marie Curie, are part of an expansion following the successful introduction of the AI Avatar Tutor Team, Student AI, which gained over 30,000 students within three months of its debut. The AI tools provided include functionalities for document summarization, report generation, and video-to-text conversion, among others.
In addition to the practical tools, the platform offers AI education courses ranging from one-day workshops to two-week microschools, with membership levels for company founders and their teams to learn about the latest AI developments.
Suraj Naik, Head of Digital Content and Resident AI Mentor at Genius Group, highlighted the quick development of Genius Team AI as a response to the community's demand for AI support tailored to entrepreneurs. The company has noted a significant decrease in user acquisition costs, dropping from about $1 per student last year to $0.33 this March.
Roger Hamilton, CEO of Genius Group, expressed optimism about the future of AI in education, emphasizing the specialization of AI avatar teams. With the increasing number of new sign-ups, the company anticipates continued growth in demand for courses and communities that teach effective AI utilization.
Genius Group's approach represents a shift in education towards personalized, lifelong learning, catering to a wide age range of students globally. The Genius Team AI is currently available for a free trial, reflecting the company's confidence in the demand for AI-driven educational tools.
This new initiative is based on a press release statement from Genius Group Limited.
InvestingPro Insights
As Genius Group Limited (NYSE American: GNS) ventures into the advanced realm of AI-driven education through its GeniusU platform, the company's financial health and stock performance present a mixed picture. According to the last twelve months as of Q2 2023, GNS has experienced a remarkable revenue growth of 238.25%, indicating a substantial increase in its business scale. This growth is supported by a strong gross profit margin of 49.41%, suggesting that Genius Group is effective in managing its cost of goods sold relative to its sales.
However, it's important to note that the company's market capitalization stands at a modest $28.43M, and with a negative P/E ratio of -1.16, it reflects that the company is not currently profitable. This aligns with one of the InvestingPro Tips which cautions that analysts do not anticipate the company will be profitable this year. Additionally, the stock has experienced significant volatility, with a price that has fallen -92.45% over the last year, and it trades at a high Price / Book multiple of 290.68, which could be a concern for value-oriented investors.
For those considering an investment in Genius Group, it may be crucial to weigh the innovative strides the company is making against the financial challenges it faces. With a total of 17 InvestingPro Tips available, investors can gain a deeper understanding of the company's prospects and risks. To access these insights and more, visit the InvestingPro platform and use the coupon code PRONEWS24 to get an additional 10% off a yearly or biyearly Pro and Pro+ subscription.
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