Infibeam Avenues shines on launching AI product `THEIA`
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Infibeam Avenues is currently trading at Rs. 41.76, up by 1.61 points or 4.01% from its previous closing of Rs. 40.15 on the BSE.
The scrip opened at Rs. 40.95 and has touched a high and low of Rs. 42.50 and Rs. 39.48 respectively. So far 7033064 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 42.50 on 11-Mar-2024 and a 52 week low of Rs. 12.85 on 28-Mar-2023.
Last one week high and low of the scrip stood at Rs. 42.50 and Rs. 34.96 respectively. The current market cap of the company is Rs. 11458.02 crore.
The promoters holding in the company stood at 28.13%, while Institutions and Non-Institutions held 6.40% and 65.47% respectively.
Infibeam Avenues has unveiled its ground-breaking Artificial Intelligence (AI) product, THEIA - a pioneering Video AI Developer Platform. This state-of-the-art video AI platform is poised to revolutionise the way business organisations, institutions and governments leverage artificial intelligence for enhanced productivity and efficiency.
THEIA is designed to cater to a diverse range of industries, where advanced video AI analysis capabilities transcend traditional boundaries. This is a pioneering and versatile video AI platform that empowers organizations to harness the power of AI video analysis for applications in areas such as sports analytics, media optimisation, traffic management, crowd control, insurance claims processing, optimization of manufacturing units, retail stores and other industries as well as government applications.
Infibeam Avenues is engaged in providing online retail services.
