One & One Green Technologies stock soars 100% after IPO debut
Investing.com -- Intelligent Protection Management Corp. (NASDAQ:IPM) stock surged 43% in premarket trading Wednesday after the managed technology solutions provider announced a reseller agreement with MindsDB, an open-source AI platform.
The company will become a Starter Minds customer and plans to integrate MindsDB’s technology into its operations to improve workflow efficiency. MindsDB’s platform delivers AI analytics capabilities for complex business questions and can operate on-premises, in virtual private clouds, or serverless environments.
Jason Katz, Chairman and CEO of IPM, said, "We are pleased to be working with MindsDB to provide their leading AI platform to our current and future customers. The MindsDB platform is designed to process highly variable data to produce actionable intelligence, allowing customers to achieve operational results and advance their strategic business plans."
As part of the agreement, IPM will introduce a cost-effective "Starter Mind" version of MindsDB’s "Enterprise" flagship product. This tailored feature set is designed to work within customers’ operational and budgetary requirements.
The MindsDB platform integrates structured and unstructured data to create a secure, private AI analytics tool that delivers answers to business questions asked in simple natural language, without requiring customers to reconfigure or move their in-house data.
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.