share_log

Genius Group | 6-K: Report of foreign private issuer [Rules 13a-16 and 15d-16]

SEC ·  Jul 15 20:04
Summary by Futu AI
Genius Group Limited, an AI-powered education and acceleration group listed on the NYSE American as GNS, has announced the successful completion of Phase 1 of a significant $22 million contract with the Government of the Republic of Kazakhstan. The contract, which is to be executed over three years, was secured by Genius Group's subsidiary Prime Source with Kazakhstan's Ministry of Digital Development. It aims to centralize the nationwide supply and maintenance of databases, facilitating the development of sovereign AI in the country. Eugene Sherbinin, CEO of Prime Source, highlighted the contract as a result of a nationwide competition and a testament to Genius Group's growing reputation in AI solutions. Roger Hamilton, CEO of Genius Group, connected this development...Show More
Genius Group Limited, an AI-powered education and acceleration group listed on the NYSE American as GNS, has announced the successful completion of Phase 1 of a significant $22 million contract with the Government of the Republic of Kazakhstan. The contract, which is to be executed over three years, was secured by Genius Group's subsidiary Prime Source with Kazakhstan's Ministry of Digital Development. It aims to centralize the nationwide supply and maintenance of databases, facilitating the development of sovereign AI in the country. Eugene Sherbinin, CEO of Prime Source, highlighted the contract as a result of a nationwide competition and a testament to Genius Group's growing reputation in AI solutions. Roger Hamilton, CEO of Genius Group, connected this development with the company's broader vision of AI readiness, following the launch of their Genius City AI education and acceleration model in Abu Dhabi. The contract is seen as a strategic partnership aligning with Genius Group's future growth plans. Genius Group serves 5.4 million users across over 100 countries, offering personalized curriculums for a range of learners, from K-12 to entrepreneurs.

The information provided by Futu AI is automatically generated by third-party artificial intelligence (AI) software based on news content. It is only available to users located outside of China mainland.


The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.