If I recall correctly, management already flagged why they might raise some capital at a recent shareholder meeting.
Their fear was that they would be inundated with contract wins all at the same time. As the pipeline was very strong.
It was to ensure they take the first mover advantage in this industry. to implement new contract wins quickly, rather than wait until current resources are freed up to implement them.
There was a recent report in a UK medical publication about Beamtree collaborating to implement and scale AI tools across the NHS. Also co-investing with NHS hospitals in developing more AI applications. Ainsoff gets a mention.
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