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ARtelligence Holdings Has IP Valued at Over $5.23 Billion

ATLANTA, GA / ACCESSWIRE / October 11, 2024 / ARtelligence Holdings, Inc. is pleased to announce a significant milestone: the valuation of its intellectual property, AI Visual Thesauri, has been appraised at $5,230,085,000. The valuation, conducted by C. Zachary Meyers, PLLC, emphasizes the immense potential and strategic importance of ARtelligence's intellectual property in Artificial Intelligence (AI) and Augmented Reality (AR).

Photo Courtesy: ARtelligence Holdings, Inc.

ARtelligence Holdings, Inc. (formerly known as Tautachrome, Inc.; OTC Markets: TTCM) is engaged in trusted imagery, imagery technology, and media. The valuation, conducted by C. Zachary Meyers, PLLC, emphasizes the immense potential and strategic importance of ARtelligence's intellectual property in Artificial Intelligence (AI) and Augmented Reality (AR).

C. Zachary Meyers, a Certified Public Accountant, and Certified Valuation Analyst, brings vast expertise, having served in over 3,000 cases as a testifying, consulting, or court-appointed expert. His leadership roles, including Former Chair of the National Association of Certified Valuators and Analysts Standards Board and his work with the Appraisal Foundation's Business Valuation Resource Panel, underscore the rigor of the valuation process.

The AI Visual Thesauri consists of one of the largest digital image collections in the world-an invaluable resource for developing advanced Visual Language Models in AI and AR. ARtelligence believes the $5.23 billion valuation to be a conservative estimate, highlighting the vast opportunities as these technologies evolve rapidly.

ARtelligence's AI Visual Thesauri is a cornerstone of the company's vision to revolutionize artificial intelligence and augmented reality. The company is strategically positioned to drive advancements in visual language processing by leveraging its vast digital image collection. This intellectual property strengthens ARtelligence's technological footprint and opens doors to new partnerships, product developments, and revenue streams within the rapidly growing AI and AR sectors.

The company's focus on trusted imagery and media technology sets it apart in a competitive market. ARtelligence's proprietary AI Visual Thesauri offers a unique advantage, a critical asset for enhancing machine learning algorithms and improving AI's ability to interpret and understand visual data. This positions ARtelligence to play a pivotal role in the future of AI and AR, as industries ranging from entertainment to healthcare seek more sophisticated visual language models for their applications.

"This valuation is a testament to our team's hard work and dedication," said Timothy A. Holly, Chairman and CEO of ARtelligence Holdings, Inc. "We are excited about the future and the opportunities this valuation brings to our company, especially as we endeavor to meet all regulatory requirements as soon as practicable and as market conditions allow."

As ARtelligence Holdings continues to meet regulatory requirements and assess market conditions, the company looks forward to advancing its strategic initiatives, fostering innovation, and delivering value to its shareholders.

About ARtelligence Holdings, Inc.

ARtelligence Holdings is a leader in the development of Visual Language Models for Artificial Intelligence, harnessing one of the largest digital image collections globally. The company is committed to driving innovation and growth within the AI and AR industries.

CONTACT:

Country: United States
Media Contact: Maleeka Hollaway
Company: ARtelligence Holdings, Inc.
Email: IR@aiar.solutions
Phone Number: (888) 881-2427
Company website: www.aiar.solutions

SOURCE: ARtelligence Holdings, Inc.



View the original press release on accesswire.com

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