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Avant! AI™, machine learning technology was purchased to empower InstantFAME™. The global natural language processing (NLP) market is projected to reach $74.3 Billion by 2028, exhibiting a CAGR of 26.54% during 2022-2028.
InstantFAME™ Is An APP in the Digital Artwork Marketplace – U.S. digital online art industry in the United States is projected to reach to reach nearly $6.5 billion USD dollars in 2023
Vilnius, Lithuania — April 4, 2023 — InvestorsHub NewsWire — Trend Innovations Holding Inc. (OTCQB:TREN) (“TREN” or the “Company”) is a company that creates, develops and acquires innovative software technologies providing complex solutions utilizing Artificial Intelligence (AI) and that also provides Information Technology (IT) consulting services, including project management and software administration, financial and asset management, service management, and event management for IT solutions, today announced that it has acquired two technologies in the AI Machine Learning (Avant! AI™) and Digital Artwork (InstantFAME™) sectors.
Avant! AI™ is designed to provide businesses and consumers with a natural language interface to interact with their devices and systems. The technology utilizes machine learning and natural language processing (NLP) to interpret and respond to user requests. The Company plans to utilize this machine learning technology within InstantFAME™’s digital artwork auction platform to create state-of-the-art mobile and web technological platforms to provide an open and fun environment for free auctions of personal artwork.
InstantFAME™ is an entertainment platform for digital ratings and secured sales of digital works, in the form of mobile and web applications.
Natalija Tunevic, the President, CEO of TREN said, “These acquisitions of cutting-edge technologies have the potential to position the Company at the front of the wave of these rapidly expanding markets. The age of eCommerce has made selling digital art much easier and more profitable. InstantFAME™ enables artists to post their digital work of art, earn followers, likes, and ultimately sell it. Industry experts say that the U.S. digital online art industry is projected to reach nearly $6.5 billion U.S. dollars in 2023.”
Ms. Tunevic continued, “Avant! AI™, machine learning technology was purchased to empower InstantFAME™ as well as other uses that the Company will consider. Experts say that the global natural language processing (NLP) market is projected to reach $74.3 Billion by 2028, exhibiting a CAGR of 26.54% during 2022-2028.
“We believe that we are in the right position to capitalize our place in these growing markets and hope to bring value for the benefit of our shareholders. In the near future, we will be providing a deeper dive on these technologies and our plans for monetization of these acquisitions.”
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Forward-Looking Disclaimer
Certain statements contained in this press release may constitute “forward-looking statements”. Forward-looking statements provide current expectations of future events based on certain assumptions and include any statement that does not directly relate to any historical or current fact. Actual results may differ materially from those indicated by such forward-looking statements because of various important factors as disclosed in our filings with the Securities and Exchange Commission located at their website ( http://www.sec.gov). In addition to these factors, actual future performance, outcomes, and results may differ materially because of more general factors including (without limitation) general industry and market conditions and growth rates, economic conditions, governmental and public policy changes, the Company’s ability to raise capital on acceptable terms, if at all, the Company’s successful development of its products and the integration into its existing products and the commercial acceptance of the Company’s products. The forward-looking statements included in this press release represent the Company’s views as of the date of this press release and these views could change. However, while the Company may elect to update these forward-looking statements at some point in the future, the Company specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing the Company’s views as of any date subsequent to the date of the press release.
