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BEN Secures $3.5 Million Line of Credit
Globenewswire· 2025-06-10 10:00
WILMINGTON, Del., June 10, 2025 (GLOBE NEWSWIRE) -- Brand Engagement Network Inc. (BEN) (NASDAQ: BNAI), an innovator in AI-driven customer engagement solutions, today announced it has entered into a $3.5 million line of credit agreement with Corps Capital Advisors, LLC, a Texas-based investment firm. Under the terms of the agreement, BEN may draw up to $3.5 million in revolving credit until the facility’s maturity on December 5, 2025. The line of credit accrues interest at a fixed rate of 10.0% per annum an ...
BEN Reports First Quarter 2025 Results and Business Highlights
Globenewswire· 2025-06-10 01:54
Core Viewpoint - Brand Engagement Network Inc. (BEN) reported a strong start to 2025 with the launch of its iSKYE platform and strategic partnerships, highlighting the increasing demand for secure and scalable AI solutions [2][3]. Group 1: Business Highlights - The iSKYE platform was officially launched, providing businesses with a customizable and scalable AI solution that integrates seamlessly with existing processes, featuring customizable 3D avatars and enterprise-grade security [7]. - BEN formed a global AI insurance partnership with Swiss Life Global Solutions to enhance digital health and financial wellbeing services, aiming to streamline insurance sales and improve member services [7]. - The company expanded its partnership with Vybroo and Grupo Siete to deploy AI-powered brand ambassadors across Latin America and Southern Europe, unlocking new revenue opportunities in high-growth markets [7]. - BEN is advocating for responsible AI privacy standards, supporting proposed legislation to prevent the offshore storage of sensitive user data, reinforcing its commitment to secure AI systems [7]. Group 2: Financial Performance and Future Outlook - The company will host a conference call to discuss its financial performance and strategic outlook, led by CEO Paul Chang and CFO Walid Khiari [4].
BEN, University of KwaZulu-Natal, and Valio Launch AI Mental Health Program to Support Underserved Students in South Africa
Globenewswire· 2025-06-04 10:00
WILMINGTON, Del., June 04, 2025 (GLOBE NEWSWIRE) -- Mental health is an urgent concern for students across South Africa, especially in underserved communities with limited access to care. To help close this gap, the University of KwaZulu-Natal (UKZN), Valio Technologies, and Brand Engagement Network Inc. (BEN) (NASDAQ: BNAI) are launching an inclusive, AI-powered mental health program that offers private, 24/7 support. The initiative starts with UKZN students and will help shape how mental health support is ...
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 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]