Investing.com - Financial Markets Worldwide

Twin Vee PowerCats stock rises after announcing AI partnership with Fetch.AI

Published 16/07/2025, 14:08
© Reuters.
VEEE
-16.33%

Investing.com -- Twin Vee PowerCats Co. (NASDAQ:VEEE) stock rose 3% after the boat manufacturer announced a strategic collaboration with Fetch.AI to integrate autonomous AI agents across its national marine marketplace.

The partnership will deploy AI-powered "Basic Agents" across all active listings on BoatsForSale.com, enabling real-time responses to buyer inquiries with context-aware, conversational answers about boat specifications and features. The company will also offer premium tier agents with negotiation capabilities and lead-nurturing tools to sellers and dealers.

"This partnership marks a significant leap forward for marine e-commerce," said Joseph Visconti, CEO and President of Twin Vee PowerCats Co. "By integrating Fetch.AI’s intelligent agents, we’re giving every listing its own digital salesperson: always on, always responsive."

The collaboration will also develop "Buyer Agents" that provide personalized recommendations based on user behavior and preferences. These agents may suggest alternative listings, follow up with interested buyers, and schedule virtual calls.

Fetch.AI CEO Humayun Sheikh stated, "Partnering with Twin Vee and the BoatsForSale.com platform allows us to showcase how AI agents can transform an entire marketplace, making it more efficient, personalized, and scalable."

The integration of these AI agents is expected to go live in the third quarter of 2025, with Premium Agent services launching shortly afterward.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Install Our App
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2025 - Fusion Media Limited. All Rights Reserved.