Cryptyde in Development of AI Generated Content Platform
March 13 2023 - 7:30AM
Cryptyde, Inc. (NASDAQ: TYDE) is pleased to announce that
development is underway for an AI generated content platform for
its subsidiary, Forever 8. This platform will provide a
user-friendly interface that generates unique and engaging content
to be used across the company’s e-commerce ecosystem, from product
descriptions and FAQs to customer service responses.
Leveraging advanced machine learning abilities,
this cutting-edge technology will enable us to quickly and
efficiently generate high-quality content for our clients. The
platform's human-like responses to questions and prompts will
provide Forever 8 with a competitive advantage, allowing us to
create compelling marketing and support materials for clients.
"We are thrilled to introduce this innovative AI
generated content platform into our Forever 8 business," said
Cryptyde CEO, Brian McFadden. "We expect that this technology will
provide a significant value-add for our clients, allowing them to
expand their reach and drive growth through engaging, high-quality
content for their e-commerce ecosystem."
Cryptyde is committed to exploring new
opportunities to leverage AI and language processing technology in
order to provide innovative solutions for our clients. With the
development of this platform currently underway, we will continue
to update the market on its progress towards completion.
About Cryptyde
Cryptyde, Inc. (NASDAQ: TYDE) is focused on
driving growth through the acquisition and management of
technology. With subsidiaries like Forever 8, a cash flow
management platform for e-commerce sellers, and Ferguson
Containers, a provider of complete manufacturing and logistical
solutions for product and packaging needs, Cryptyde is committed to
identifying and acquiring businesses with untapped potential and
developing strategies to scale them to new heights. Through focused
execution and a commitment to innovation, Cryptyde aims to drive
significant growth and value creation for its portfolio companies
and shareholders.
For additional information, please
visit http://www.cryptyde.com/.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. All statements in this press release other than
statements of historical fact could be deemed forward looking.
Words such as “plans,” “expects,” “will,” “anticipates,”
“continue,” “expand,” “advance,” “develop” “believes,” “guidance,”
“target,” “may,” “remain,” “project,” “outlook,” “intend,”
“estimate,” “could,” “should,” and other words and terms of similar
meaning and expression are intended to identify forward-looking
statements, although not all forward-looking statements contain
such terms. Forward-looking statements are based on management’s
current beliefs and assumptions that are subject to risks and
uncertainties and are not guarantees of future performance. Actual
results could differ materially from those contained in any
forward-looking statement as a result of various factors,
including, without limitation: the successful launch of Cryptyde’s
AI generated content platform, and achievement of the expected
benefits of Cryptyde’s AI generated content platform. Given these
risks and uncertainties, you are cautioned not to place undue
reliance on such forward-looking statements. Given this risks and
uncertainty, you are cautioned not to place undue reliance on such
forward-looking statements. For a discussion of other risks and
uncertainties, and other important factors, any of which could
cause Cryptyde’s actual results to differ from those contained in
forward-looking statements, see Cryptyde’s filings with the
Securities and Exchange Commission (SEC), including the section
titled “Risk Factors” in Cryptyde’s Registration Statement on Form
10, as amended, filed with the SEC on May 13, 2022, and Cryptyde’s
Registration Statement on Form S-1, as amended, filed with the SEC
on January 24, 2023. All information in this press release is as of
the date of the release, and Cryptyde undertakes no duty to update
this information or to publicly announce the results of any
revisions to any of such statements to reflect future events or
developments, except as required by law.
For further information, please contact:
Investor Relations
Richard Brown617-819-1289investors@cryptyde.com
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