Trend Innovations Holding (TREN) Acquires Two Technologies In Multi-Billion Dollar Markets - AI Machine Learning & Digital Artworks Markets
April 04 2023 - 6:00AM
InvestorsHub NewsWire
Trend Innovations Holding
(TREN) Acquires Two Technologies In Multi-Billion Dollar Markets -
AI Machine Learning & Digital Artworks
Markets
Avant!
AI™, machine
learning technology was purchased to empower
InstantFAME™. The global natural language
processing (NLP) market is projected to reach $74.3 Billion by
2028, exhibiting a CAGR of 26.54% during 2022-2028.
InstantFAME™ Is An APP in the Digital Artwork Marketplace –
U.S. digital online art industry in the United States is projected
to reach to reach nearly $6.5 billion USD dollars in
2023
Vilnius, Lithuania -- April 4, 2023 -- InvestorsHub NewsWire
-- Trend Innovations Holding Inc. (OTCQB:TREN)
(“TREN” or the “Company”) is a company that creates,
develops and acquires innovative software technologies providing
complex solutions utilizing Artificial Intelligence (AI) and that
also provides Information Technology (IT) consulting services,
including project management and software administration, financial
and asset management, service management, and event management for
IT solutions, today announced that it has acquired two
technologies in the AI Machine Learning (Avant!
AI™) and Digital Artwork (InstantFAME™)
sectors.
Avant! AI™ is designed to provide businesses and
consumers with a natural language interface to interact with their
devices and systems. The technology utilizes machine learning and
natural language processing (NLP) to interpret and respond to user
requests. The Company plans to utilize this machine learning
technology within InstantFAME™’s digital artwork auction platform
to create state-of-the-art mobile and web technological platforms
to provide an open and fun environment for free auctions of
personal artwork.
InstantFAME™ is an entertainment platform for
digital ratings and secured sales of digital works, in the form of
mobile and web applications.
Natalija Tunevic, the President, CEO of TREN said, “These
acquisitions of cutting-edge technologies have the potential to
position the Company at the front of the wave of these rapidly
expanding markets. The age of eCommerce has made selling digital
art much easier and more
profitable. InstantFAME™ enables artists to
post their digital work of art, earn followers, likes, and
ultimately sell it. Industry experts say that the U.S.
digital online art industry is projected to reach nearly $6.5
billion U.S. dollars in 2023.”
Ms. Tunevic continued, “Avant! AI™, machine
learning technology was purchased to empower InstantFAME™ as well
as other uses that the Company will consider. Experts say that the
global natural language processing (NLP) market is projected to
reach $74.3 Billion by 2028, exhibiting a CAGR of 26.54% during
2022-2028.
“We believe that we are in the right position to capitalize our
place in these growing markets and hope to bring value for the
benefit of our shareholders. In the near future, we will be
providing a deeper dive on these technologies and our plans for
monetization of these acquisitions.”
About Trend Innovations Holding Inc.
Trend Innovations Holding Inc. (OTCQB:
TREN) is an expert in the field of information technology based
on artificial intelligence. The “Thy News” application is one of
the company's key projects. Thy News is a worldwide application
used for processing news from multiple sources. Thy News was
created for users who value their time but want to keep up with the
latest in world news. The app offers the user the opportunity to
create their own news feeds solely from those sources that are of
interest to them, as well as creating additional news feeds
segmented by topic.
More information about Trend Innovations can be found at https://trendinnovationsholding.com
Forward-Looking Statements
This press release may contain forward-looking statements within
the meaning of the Private Securities Litigation Reform Act of 1995
that express the current beliefs and expectations of Trend
Innovations Holding Inc.’s management and Board of Directors. Any
statements contained in this press release which do not describe
historical facts are forward-looking statements subject to risks
and uncertainties that could cause actual results, performance and
achievements to differ materially from those discussed in such
forward-looking statements. Factors that could affect our actual
results are included in the periodic reports on Form 10-K and Form
10-Q that we file with the U.S. Securities and Exchange Commission.
These forward-looking statements are made only as of the date
hereof, and we undertake no obligation to update or revise the
forward-looking statements, except as otherwise required by law,
whether as a result of new information, future events or
otherwise.
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