Almawave S.p.A. ( (IT:AIW) ) just unveiled an update.
Almawave has entered a strategic collaboration with Oracle to enhance the adoption of artificial intelligence in Italy and Europe. The partnership aims to leverage Almawave’s AI applications and Oracle’s secure cloud infrastructure to promote AI solutions in sectors like energy, healthcare, and transportation. This collaboration is expected to strengthen Almawave’s position as a key player in AI, offering high-performing and scalable solutions that are accessible to businesses and public administrations, with a focus on the Italian and European markets.
More about Almawave S.p.A.
Almawave S.p.A is an Italian company listed on the Euronext Growth Milan market, specializing in Data & Artificial Intelligence. The company offers proprietary technologies, solutions, and services that leverage AI and data for the digital transformation of businesses and public administrations. It serves over 400 clients across various sectors, including Government, Finance, Energy, Utilities, Tourism, and Healthcare, both directly and through partners. Almawave employs around 450 professionals and focuses on developing AI technology for interpreting text and voice in multiple languages, enhancing knowledge, and automating decision support.
YTD Price Performance: 3.93%
Average Trading Volume: 518
Technical Sentiment Consensus Rating: Buy
Current Market Cap: €91.15M
See more data about AIW stock on TipRanks’ Stock Analysis page.