Emerging Markets Report: Meeting the Moment
Vinergy Capital Evolving to MedBright AI Investments with Name Change
News provided byMedBright AI Investments Inc. and Emerging Markets Consulting, llc.
Nov 21, 2023, 7:07 AM ET
ORLANDO, Fla., Nov. 21, 2023 (GLOBE NEWSWIRE) -- In previous issues of the Emerging Markets Report, we’ve covered what we believe will be transformative for the Issuer discussed below via the adoption of Artificial Intelligence in Health Care. It’s clear to us that AI driven Health Care will be smarter, more effective and more compassionate as it provides better health care outcomes to more and more patients.
And so it makes sense for MedBright AI Investments Inc. (OTCQB: MBAIF, CSE: MBAI) (the "Company" or "MedBright AI") formally known as Vinergy Capital Inc. to align its brand with this opportunity, all while developing and refining a portfolio of A.I. health care technologies and acquiring more consultants and human capital under its proverbial roof. Consistent with this plan, the Company decided that a name change to MedBright AI Investments is in order, which is trading under the ticker “MBAIF” on the OTCQB, and is the new name and ticker for the Company formerly known as Vinergy Capital.
As we see it, the Company has gone through an evolution over the past few months, rapidly expanding and improving in the race to seize market share in the highly lucrative Health Care/A.I. opportunity. The name change to MedBright AI reflects the Company’s current business purposes and more accurately identifies its brand.
The foray into A.I. driven health care is well-founded. As we previously reported a recent research report by a firm completely unrelated to Vinergy projects that the “Worldwide Artificial Intelligence in Healthcare Market Size is expected to reach USD 280.77 Billion by 2032.” (source link.)
Since we last published that report MedBright AI (formally Vinergy Capital) has been busy.
In October, the Company announced that it had added another A.I. expert to its investment committee, with Trevor Vieweg, a co-founder of Limmi, an AI platform focused on powering the world's most complex healthcare data analytics systems. Vieweg has an outstanding resume including an important stint as Head of Product Development for a big NASDAQ outfit.
When we see hires like this, they can be a big deal, as the hiring very likely brings the new team member’s contacts and relationships as well as their expertise. And of course, when an industry pro jumps into a deal it generally sends a signal that a better mind than the layman saw something and wants to be involved.
On top of this was a powerful announcement that the Company had made another significant investment in the aforementioned Limmi, a FDA and HIPPA compliant Artificial Intelligence Platform.
Limmi’s tech is described as “a cutting-edge data and analysis artificial intelligence platform for life sciences applications that is both FDA and HIPAA compliant. Through machine learning models, Limmi transforms life science data into actionable insights to transform drug discovery and early disease detection.”
Read that last line one more time… “Limmi transforms life science data into actionable insights to transform drug discovery and early disease detection.”
Health Care Artificial Intelligence. Transforming Drug Discovery. Identifying diseases earlier.
The future for A.I. in improving patient outcomes is compelling.
Probably just about the right time to have a name that meets the moment.
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