Hansen, Mueller Industries director, sells $105,710 in stock
AUSTIN - Digital Brands Group, Inc. (NASDAQ:DBGI), an e-commerce and fashion company with a market capitalization of $38.2 million and annual revenue of $8.7 million, announced Tuesday its acceptance into the NVIDIA Connect Program through its technology arm, Open Daily Technologies Inc.
The program provides Digital Brands Group access to NVIDIA’s AI/ML resources, engineering expertise, and global ecosystem. Benefits include technical training, engineering guidance, and discounts on NVIDIA software and hardware to support product development and improve efficiency.
"We believe acceptance into the NVIDIA Connect Program is a significant step forward for Digital Brands Group," said Hil Davis, CEO of Digital Brands Group, according to the press release.
The company plans to use resources available through NVIDIA Connect to develop AI solutions focused on intellectual property protection, consumer data security, and enhancing digital customer experiences. These initiatives align with the company’s strategy to drive innovation in the e-commerce sector.
Digital Brands Group operates multiple apparel brands through direct-to-consumer and wholesale channels. The company’s business model leverages customer data and purchase history to create personalized content for specific customer segments.
The announcement comes as more retail and fashion companies explore AI technologies to enhance operations and customer experiences. The information in this article is based on a company press release statement.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.