LETHAM, Scotland,
Feb. 21,
2025 /PRNewswire/ -- MDJM LTD (Nasdaq: UOKA) (the
"Company" or "MDJM"), an integrated global culture-driven asset
management company, today announced the introduction of ChatGPT
Team by OpenAI, a collaborative artificial intelligence ("AI")
solution, into its operations. ChatGPT Team offers access to
advanced models such as GPT‑4 and DALL•E 3 and tools such as
Advanced Data Analysis on the OpenAI platform. It additionally
includes administration tools for team management. MDJM expects to
utilize the AI solution in product development, consumer
engagement, brand influence enhancement, and cultural IP creation,
in order to reinforce its efforts in blending historical heritage
with modern applications to foster cultural business growth and
innovation.
MDJM is dedicated to developing a unique cultural IP that
integrates British castles and Eastern gardens, to preserve them as
assets reflecting historical and traditional cultural heritage. The
Company specializes in crafting culturally immersive products and
experiences that reflect classic virtues, reinforcing its vision of
meaningful and value-driven cultural engagement.
By integrating ChatGPT Team, MDJM seeks to leverage advanced
data analysis and content generation capabilities to optimize
product design, improve storytelling, and enhance workflow
efficiency. The Company anticipates that AI-powered solutions will
help refine product offerings to align with consumer demand and
MDJM's cultural mission. Additionally, MDJM intends to use ChatGPT
Team to support its historical and cultural research for its castle
and garden restoration projects to preserve authentic narratives
and architectural integrity. ChatGPT Team is also expected to
enhance MDJM's marketing and branding initiatives, to strengthen
the Company's ability to effectively communicate the historical and
cultural significance of its properties and products. By improving
storytelling and audience engagement, MDJM aims to expand its
market presence and extend the reach of its cultural initiatives. A
study by Harvard Business School and
Boston Consulting Group found that consultants using GPT-4
completed tasks 25.1% faster and produced over 40% higher-quality
results compared to those without AI assistance (Source:
Harvard Business School & BCG,
"Navigating the Jagged Technological Frontier" (hbs.edu)). MDJM
expects to see similar benefits in operational efficiency and
content strategy following this integration.
"As we continue to build and refine our business, we remain open
to exploring tools and technologies that align with our long-term
vision," said Mr. Siping Xu,
Chairman and Chief Executive Officer of MDJM. "We believe that the
integration of OpenAI's ChatGPT Team is a step toward greater
efficiency and deeper cultural engagement. As we expand, we will
continue leveraging innovation to strengthen our market position
and create long-term value for our shareholders."
About MDJM LTD
MDJM LTD is a global culture-driven asset management company
focused on transforming historical properties into cultural hubs
that integrate modern digital technology with rich historical
value. The Company has been expanding its operations in the UK,
where it is developing projects such as Fernie Castle in Scotland and the Robin Hill Property in
England. These properties are
being remodeled into multi-functional cultural venues that will
feature fine dining, hospitality services, art exhibitions, and
cultural exchange events. As part of its broader strategy, MDJM
seeks to position itself as a hub for artisan exchanges, art shows,
and sales, leveraging its historical properties as platforms for
promoting Eastern and Western cultural exchanges. This initiative
reflects the Company's commitment to furthering its global market
expansion and enhancing its cultural business footprint. For more
information regarding the Company, please visit
https://www.ir-uoka.com/.
Forward-Looking Statements
This announcement contains forward-looking statements. All
statements other than statements of historical fact in this
announcement are forward-looking statements. These forward-looking
statements involve known and unknown risks and uncertainties and
are based on current expectations and projections about future
events and financial trends that the Company believes may affect
its financial condition, results of operations, business strategy,
and financial needs. Investors can identify these forward-looking
statements by words or phrases such as "may," "will," "expect,"
"anticipate," "aim," "estimate," "intend," "plan," "believe,"
"potential," "continue," "is/are likely to" or other similar
expressions. The Company undertakes no obligation to update
forward-looking statements to reflect subsequent occurring events
or circumstances, or changes in its expectations, except as may be
required by law. Although the Company believes that the
expectations expressed in these forward-looking statements are
reasonable, it cannot assure you that such expectations will turn
out to be correct, and the Company cautions investors that actual
results may differ materially from the anticipated results and
encourages investors to review other factors that may affect its
future results in the Company's annual report on Form 20-F and its
other filings with the U.S. Securities and Exchange
Commission.
Investor Contact:
Sherry Zheng
WAVECREST GROUP INC.
Phone: +1 718-213-7386
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SOURCE MDJM LTD