Alfi, Inc. (NASDAQ:ALF) stock is trading higher in the opening session on Wednesday.
Market Action
As of 11:14, ALF stock gained by 4.11% at $3.04. The stock has traded 197K shares, compared to its average volume of 4.83 million shares. The stock opened at $2.92 and moved in a range of $2.9200 – 3.0700.
Alfi Resumes Roll-out of AI-Enabled Tablets in Value Cabs Operating in Belfast
- today announced the resumption of its roll-out of its AI-enabled tablets in Value Cabs operating in Belfast. Value Cabs is Northern Ireland’s number one taxi and chauffeur-drive company in the region. Prior to the Pandemic, Value Cabs operated a fleet of 800 cars and expects with the reopening of the economy that the fleet will return to fully capacity at the Pre-Pandemic operational levels.
- Alfi currently has several hundred AI-enabled tablets installed and operating in Value Cabs in Belfast. As COVID-19 restrictions are lifted, the Company expects to install AI-enabled tablets in most of our 800 vehicles.
“Value Cabs are delighted to be able to partner with Alfi to introduce their AI enabled platform to our customers across Northern Ireland” said Christopher McCausland, Managing Director Value Cabs.”We believe that ALFI’s Digital based technology will enhance and transform our passenger Journeys, with its curated and specific content it will be informative, engaging and most importantly relevant to their individual interests.
Alfi has created an enterprise grade, multimedia computer vision and machine learning platform, generating powerful advertising recommendations and insights. Multiple technologies work together in Alfi with viewer privacy and reporting objectives as its two goals.
 Jumps After The News){kind=link}