Powerbridge acquires AIedu, terms not disclosed

Powerbridge Technologies announced it has acquired 90% stake of Ascendent Insights Education Co., an AI education service company. This move is part of Powerbridge’s strategy to expand its presence in the education industry and leverage AIedu’s expertise to further improve its offerings. The acquisition of AIedu will enable Powerbridge Technologies to integrate ChatGPT into its existing education offerings, one of the key drivers of growth for the company. ChatGPT is a game-changing product in early childhood education that provides personalized learning experience for students. The integration of ChatGPT into Powerbridge’s existing education offerings is expected to create substantial benefits for the company, including expanded market opportunities, a larger user base, and increased revenue streams.