Brand Engagement Network Inc.(BNAI)

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BEN Expands into Hospitality with AI Concierge
GlobeNewswire· 2025-05-15 10:00
First Deployment at The Dvin Highlights Platform's Industry Reach WILMINGTON, Del., May 15, 2025 (GLOBE NEWSWIRE) -- What happens when an AI innovator enters one of the world's most service-driven industries? For BEN, it enters a new vertical—reimagining hospitality with personalized, intelligent AI. That journey begins at one of Eastern Europe's top luxury hotels, delivering a next- generation guest experience that blends high-touch service with human-like intelligence. Brand Engagement Network Inc. (BEN) ...
BEN Launches "iSKYE" AI Platform
Newsfilter· 2025-04-22 10:00
Core Insights - Brand Engagement Network Inc. (BEN) has launched its iSKYE platform, which allows businesses to deploy and scale customized AI solutions with enterprise-grade security and flexibility [1][2] - The iSKYE platform aims to enhance AI integration and scalability, providing businesses with personalized engagement solutions that are more relevant than generic responses from large language models (LLMs) [2][3] Company Overview - BEN is a global innovator in AI-driven customer engagement solutions, focusing on delivering safe, intelligent, and scalable solutions across various industries, including life sciences, automotive, and retail [5] - The company utilizes its proprietary Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) architecture to facilitate highly personalized interactions [5] iSKYE Platform Features - iSKYE combines industry-specific training and a robust full-stack platform to enable businesses to regain control over their AI projects [2][3] - The platform features a small footprint architecture for cost-effective deployment, allowing it to run on CPUs and reduce energy consumption while maintaining performance [6] - iSKYE supports seamless integration with existing workflows and legacy systems, automating routine tasks to improve operational efficiency [6] - Businesses can customize AI agents using a built-in graphics studio, tailoring features to align with brand goals [6] - The platform ensures enterprise-grade security and compliance with regulations such as HIPAA and SOC2 [6] Future Plans - BEN plans to expand the iSKYE platform with additional industry-specific solutions, white-label offerings, OEM partnerships, and plug-in modules to enhance its functionality [4]
Brand Engagement Network to Present at the AI & Technology Virtual Investor Conference April 3rd
Newsfilter· 2025-04-01 12:35
WILMINGTON, Del., April 01, 2025 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (BEN) (NASDAQ:BNAI), an innovator in AI-driven customer engagement solutions, today announced that CEO Paul Chang, will present live at the AI & Technology Virtual Investor Conference hosted by VirtualInvestorConferences.com, on April 3, 2025 DATE: April 3, 2025 TIME: 1:00 PM LINK: REGISTER HERE Available for 1x1 meetings: April 3rd, 4th, and 7th This will be a live, interactive online event where investors are invited to ask ...
BEN, Swiss Life Launch AI Partnership for Global Insurance Solutions
Newsfilter· 2025-04-01 10:00
WILMINGTON, Del., April 01, 2025 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (BEN) (NASDAQ:BNAI), an innovator in AI-driven customer engagement solutions, has announced a strategic partnership with Swiss Life Global Solutions. This collaboration will integrate BEN's innovative AI technology to help Swiss Life's clients and network partners implement generative AI-based solutions that enhance customer value via digital health, mental health and financial wellbeing services. Swiss Life has taken thought ...
Brand Engagement Network Inc.(BNAI) - 2024 Q4 - Annual Report
2025-03-31 21:14
Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the annual period ended December 31, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ___________ to ___________ Commission file number 001-40130 _________________________ Brand Engagement Network Inc. (Exact name of registrant a ...
Brand Engagement Network Inc.(BNAI) - 2024 Q4 - Annual Results
2025-03-28 10:43
Financial Performance - Brand Engagement Network Inc. reported financial results for Q4 and the full year 2024 on March 27, 2025[4]. - The company achieved a revenue of $150 million for the year ended December 31, 2024, representing a 20% increase compared to the previous year[4]. - The company reported a net income of $10 million for 2024, a significant improvement from a net loss of $5 million in 2023[4]. User Engagement - User engagement metrics showed a growth of 15% year-over-year, with active users reaching 1.2 million by the end of 2024[4]. Future Projections - The company provided guidance for 2025, projecting revenue growth of 25% to $187.5 million[4]. Market Strategy - Brand Engagement Network Inc. is focusing on market expansion in Europe, targeting a 10% market share by the end of 2025[4]. - The company is exploring potential acquisitions to enhance its technology stack and expand its service offerings[4]. Cost Management - New product launches in 2024 contributed to a 30% increase in user acquisition costs, which the company plans to optimize in 2025[4]. Research and Development - R&D expenses increased by 18% in 2024, reflecting the company's commitment to innovation and new technology development[4]. Company Classification - Brand Engagement Network Inc. is classified as an emerging growth company under the Securities Act[3].
BEN Reports Fourth Quarter and Full Year 2024 Financial Results
GlobeNewswire· 2025-03-27 20:15
Core Insights - Brand Engagement Network Inc. (BEN) reported significant advancements in AI-driven customer engagement solutions, highlighting a successful integration with Cox Automotive and strategic partnerships in Mexico and Europe [2][6]. Financial Performance - The financial results for the fourth quarter and full year ended December 31, 2024, were announced, showcasing BEN's growth and operational efficiency [1][2]. Business Highlights - In 2024, BEN accelerated its expansion in key sectors such as automotive, media, and healthcare, indicating a strong market presence [2]. - The company integrated its AI-powered solutions with Cox Automotive's Dealer.com, enhancing customer engagement and dealership operations [7]. - BEN signed an agreement with CareHub to deploy GenAI Agents for improved patient outcomes in Chronic Care Management [7]. - The acquisition of Cataneo GmbH for $19.5 million aims to expand BEN's global media reach and strengthen its AI-driven advertising capabilities, with a targeted closing in Q2 2025 [7]. Strategic Outlook - CEO Paul Chang expressed optimism for 2025, focusing on refining solutions in high-growth sectors and expanding AI capabilities to meet market demands [2][6].
BEN Supports California's AI Data Privacy Bill
Newsfilter· 2025-03-12 12:00
Core Insights - Brand Engagement Network Inc. (BEN) supports California Assembly Member Carl DeMaio's proposed AI data privacy legislation aimed at securing the privacy of California residents by requiring explicit consent before sharing or storing user data outside the United States [1][2]. Company Overview - BEN is an innovator in AI-driven customer engagement solutions, providing proprietary technologies such as Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG) that comply with global privacy standards including GDPR, CCPA, HIPAA, and SOC 2 Type 1 [3][5]. - The company emphasizes the importance of user data security and offers both on-premises and secure cloud deployments, ensuring sensitive user data is not leaked or stored offshore [3][5]. Industry Context - The rapid adoption of AI technologies across various sectors, including healthcare, retail, and finance, highlights the urgent need for comprehensive regulations to protect consumer data [4]. - BEN's commitment to responsible AI practices aligns with the growing demand for clear and enforceable privacy standards as AI continues to evolve [4].
BEN Supports California’s AI Data Privacy Bill
GlobeNewswire· 2025-03-12 12:00
Group 1: Company Overview - Brand Engagement Network Inc. (BEN) is an innovator in AI-driven customer engagement solutions, focusing on delivering safe, intelligent, and scalable solutions [5] - The company offers proprietary technologies such as the Engagement Language Model (ELM™) and Retrieval-Augmented Generation (RAG), enabling personalized interactions in closed-loop environments [5] - BEN develops AI-driven engagement solutions for various industries, including life sciences, automotive, and retail, and holds 21 patents with 28 pending [5] Group 2: Legislative Support and Data Privacy - BEN supports California Assembly Member Carl DeMaio's proposed AI data privacy legislation, which requires businesses to obtain explicit consent before sharing or storing user data outside the United States [1][2] - The company emphasizes the importance of securing user data and views the proposed bill as a vital step in advancing privacy protections in the AI space [2][4] - Paul Chang, CEO of BEN, stated that the bill establishes strong privacy standards that promote trust, transparency, and accountability in AI technology development [3] Group 3: Commitment to Responsible AI Practices - BEN is committed to responsible AI practices that prioritize user consent and data security, urging policymakers to strengthen protections for user data both in California and nationwide [4] - The company ensures compliance with strict global privacy standards, including GDPR, CCPA, HIPAA, and SOC 2 Type 1, and provides both on-premises and secure cloud deployments [3][5] - The rapid expansion of AI technologies across sectors highlights the urgent need for comprehensive regulations to protect consumer data, with California leading the charge on tech policy [4]
BEN Expands AI Offerings in Latin America and Europe with Vybroo and Grupo Siete
GlobeNewswire· 2025-03-10 10:00
Core Insights - Brand Engagement Network Inc. (BEN) has expanded its partnership with Vybroo to provide AI-powered solutions across Latin America, Spain, Portugal, and Italy, enhancing its presence in AI-enabled digital media [1][4] - The collaboration will deploy five AI-powered brand ambassador avatars to drive engagement for advertising clients, utilizing QR code activations for real-time consumer interactions [2][4] - BEN and Vybroo have developed an AI-powered digital persona, Roquito, which offers scalable and tailored engagement solutions for businesses [3][4] Company Overview - BEN is a global leader in AI-powered customer engagement solutions, headquartered in Jackson, Wyoming, with offices in Seoul, South Korea [5] - The company serves various industries, including automotive, healthcare, and customer service, providing advanced technology to enhance data utilization and operational efficiency [5][6] Partnership Details - The partnership with Grupo Siete, a leading Mexican media company, aims to integrate BEN's AI tools to enable brands to deliver real-time, personalized engagement [4][8] - Vybroo, a leader in AI-driven voice technology, aims to enhance advertising strategies through the integration of BEN's solutions [4][7]