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Brand Engagement Network ( (BNAI) ) just unveiled an update.
On January 17, 2025, Brand Engagement Network Inc. announced the termination of its Exclusive Reseller Agreement with AFG Companies, Inc., citing issues with AFG’s failure to provide necessary operational-ready data platforms and a concealed ransomware attack. This led to BEN filing a lawsuit against AFG and its CEO for fraudulent misrepresentation and breach of contract. Despite these challenges, BEN is moving forward with its automotive initiatives, including the rollout of its Automotive AI Agent aimed at improving dealership operations across over 13,000 dealerships. The company also continues to expand its AI healthcare solutions, emphasizing data security and regulatory compliance.
More about Brand Engagement Network
Brand Engagement Network Inc. (BEN) is a global leader in AI-powered customer engagement solutions, headquartered in Jackson, Wyoming, with offices in Seoul, South Korea. It provides secure and scalable AI platforms for industries such as automotive, healthcare, and customer service, focusing on enhancing data utilization and operational efficiency through AI-powered digital agents and advanced tools.
YTD Price Performance: -43.93%
Average Trading Volume: 1,138,867
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $22.78M
For detailed information about BNAI stock, go to TipRanks’ Stock Analysis page.
