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Launches "Never on Hold Again Club" Referral Marketing Campaign
Hosting Investor Night in Vaughan, Ontario on February 20 th , 2025
In an industry poised to transform customer engagement, Syntheia (CSE:SYAI) is an innovative conversational AI solution addressing the complex needs of modern communication. Designed to emulate human-like conversations, Syntheia’s platform targets both large enterprises and small-to-medium businesses, which often struggle with customer support inefficiencies and high employee turnover in customer-facing roles. Syntheia offers customers an experience closer to natural human interaction focusing on language processing, tonality, sentiment analysis, and conversational behavior.
The rising demand for customer-centric interactions, the need for operational efficiency, and cost reductions that companies can realize by automating and enhancing their customer support processes lead to explosive growth in AI-driven customer service solutions.
Key TechnologySyntheia’s AssistantNLP platform is designed to handle high volumes of customer queries in multiple languages and across industries, ensuring a scalable, reliable and flexible solution for diverse customer needs. AssistantNLP is also highly accessible, structured around a freemium revenue model that allows businesses to try the service at no cost and then upgrade based on usage and additional features.
Company Highlights
- Syntheia is a conversational AI solution delivering AI-driven, human-like customer service for enterprises and SMBs.
- The AssistantNLP Platform offers 24/7/365 multilingual support, accessible globally.
- Syntheia operates on a freemium revenue model, with scalable plans catering to varied business sizes and needs.
- The conversational AI market is expected to reach $32.62 billion by 2030, with Syntheia well-positioned to capitalize on this growth.
- Syntheia’s algorithms have achieved an 84 percent success rate in data collection and 98 percent in outreach programs, highlighting exceptional efficiency.
- Financially stable, Syntheia has $2 million in cash, no debt and trades on the Canadian Securities Exchange.
This Syntheia profile is part of a paid investor education campaign.*
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Syntheia Announces First 1,000 Subscriptions
Syntheia Corp. ("Syntheia" or the "Company") (Syntheia.ai), CSE SYAI, a leading provider of conversational AI solutions for inbound telephone call management, proudly announces its first 1,000 subscribers for its AssistantNLP platform ahead of Management's expectations.
Originally, Management had set a milestone of obtaining 10,000 subscribers for the year 2025. Management is pleased to report that it achieved 10% of its internal forecast within the first two weeks of February 2025, significantly ahead of schedule and forecast.
Management now looks to revise its original subscriber forecast for the balance of 2025. Management will provide its revised subscriber guidance at the beginning of Q2 2025 once it has reassessed growth potential.
Businesses subscribing to our platform often require translation assistance as for many owners, English is their second language. Syntheia not only serves as their automated AI receptionist but also eliminates the language barrier that challenges many small and medium businesses today in North America and globally.
Syntheia Referral Program: Never on Hold Again Club
Further to our press release dated February 4, 2025, we are pleased to provide more details on Syntheia's Never on Hold Again Club , our referral program which is live and operational.
"In 2025 our primary objective is to grow our subscriber base by prioritizing adoption and community growth, similar to how other major platforms have built their user networks. Our goal is to foster a strong and engaged community, with monetization strategies to follow" commented Tony Di Benedetto CEO.
Never on Hold Again Club is a referral program that rewards customers for sharing the power of AI-driven call handling. By referring businesses to Syntheia, customers can earn exclusive benefits while helping others elevate their customer service experience.
The Never On Hold Again Club allows any user to sign up via the Company's referral portal and refer others using email or social media platforms. No paid subscription is required to participate – ‘freemium', ‘basic' and ‘pro' users can refer others. Both individuals and businesses can participate, and rewards include free minutes and free monthly subscriptions. For more details on the Never On Hold Again Club, including rewards, terms and conditions, please visit: https://www.syntheia.ai/the-never-on-hold-again-club . The program is available to users in all countries subject to local rules and regulations.
With user onboarding of approximately 10 minutes, businesses can sign up through a frictionless experience to take advantage of our AI technology without upfront costs - making it an ideal solution for startups and enterprises alike.
Once a business is subscribed, it can later elect to upgrade its service to a paid subscription.
"The growth we've seen in just the first two weeks of February is a testament to the increasing demand for AI-driven call management. Surpassing 1,000 subscribers ahead of schedule signals a paradigm shift in how businesses are embracing automation to enhance customer interactions" commented Paul Di Benedetto Chief Technology Officer of Syntheia AI.
Flexible Plans and Pricing: Syntheia's Three Pricing Models
AssistantNLP's Receptionist service is available today to customers in three pricing tiers:
- ‘ Freemium ' – Includes essential features with 60 minutes included per month at no cost;
- ‘ Basic ' – Priced at $99.99/month, includes 500 minutes per month with additional functionalities such as email messaging; and
- ‘ Pro ' – At $299.99/month, includes 2,000 monthly minutes, advanced analytics and customizable features.
Please access https://www.syntheia.ai/pricing for more details on each pricing tier.
Investor Night, Vaughan, ON – February 20, 2025 – 6:30 p.m.
The Company will be holding an investor night on February 20, 2025, at Venu Event Space in Vaughan, Ontario at 6:30 p.m. Shareholders and interested parties are welcome to attend the event where management will be providing a corporate overview and will be demonstrating Syntheia technologies and discussing the future technology roadmap for the platform.
To RSVP for the event, please email: rsvp@syntheia.ai
" We are excited about the opportunities and growth for Syntheia," commented Tony Di Benedetto, Chief Executive Officer of Syntheia. "I invite all shareholders and interested parties to attend our investor night in which we will be showcasing our platform and discuss the future roadmap of the Company "
About Syntheia
Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations. Our SaaS platform offers conversational AI solutions for both enterprise and small-medium business customers globally.
Cautionary Statement
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Forward-looking statements in this news release include, but are not limited to the Company's mission and business objectives, the Company's efforts to grow brand awareness, customer base and sales, and the availability of the Never on Hold Again Referral Program. Readers are cautioned that forward‐looking information is not based on historical facts but instead reflects the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made.
Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Please refer to the Company's listing statement available on SEDAR+ for a list of risks and key factors that could cause actual results to differ materially from those projected in the forward‐looking information. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250214455030/en/
Tony Di Benedetto
Chief Executive Officer
Tel: (844) 796-8434
News Provided by Business Wire via QuoteMedia
Syntheia Launches AssistantNLP, Elevating Customer Interaction with AI-Powered Receptionist Service
Syntheia Corp. ("Syntheia" or the "Company") (Syntheia.ai), CSE SYAI, a leading provider of conversational AI solutions for inbound telephone call management, is pleased to announce the commercial launch of its groundbreaking product, AssistantNLP . This milestone marks a pivotal moment in the Company's journey as AssistantNLP becomes available to businesses worldwide, starting with its first service: the AI-Powered Receptionist .
Designed to enhance how businesses engage with their customers, our AI-Powered Receptionist leverages the power of natural language processing (NLP) to handle inbound calls with accuracy and efficiency. The service currently supports English, with additional languages planned for release in the near future, expanding its global accessibility.
Proven Impact:
Since its beta launch in June 2023, AssistantNLP's Receptionist service has been successfully deployed across multiple industries including automotive, manufacturing, distribution, logistics, hospitality, and finance. Clients such as Georgetown Hyundai, Campio Furniture, Palmieri Furniture and Streamline Canada have adopted our service benefiting from its seamless integration and high accuracy.
To date, AssistantNLP's Receptionist service has successfully processed approximately 1,000,000 conversations and earned praise from clients for its accuracy, responsiveness, and ability to integrate seamlessly with existing workflows. Early adopters of the Receptionist service have reported significant time and cost savings, along with improved customer satisfaction leading to cost reduction and increased profitability.
"For over a year at Georgetown Hyundai, Syntheia has managed our inbound calls, providing 24/7 support and ensuring we never miss a call. Syntheia has truly elevated our customer experience, setting new standards in responsiveness and leading to increased sales and customer satisfaction." – Connor Attrell, Manager, Georgetown Hyundai.
"At Campio Furniture, we are thrilled to be using Syntheia, which has enhanced customer engagement and streamlined our sales cycle since deployment. It was a breeze to implement, and we're excited to be at the forefront of this evolution, generating efficiencies and sales that might have been otherwise missed." – Vince Servello, President, Campio Furniture.
" Our mission is to make AI-driven customer interaction seamless and accessible for businesses of all sizes with a goal of 10,000 subscribers in 2025, " said Tony Di Benedetto, Chief Executive Officer of Syntheia. " With AssistantNLP's Receptionist service, we're delivering a solution that not only improves operational efficiency but also enhances the customer experience. Additionally, our clients have seen increased profitability and decreased expenses after adopting our service. "
Flexible Plans and Pricing:
With an onboarding time of under 10 minutes, businesses can sign up today through a frictionless experience to take advantage of our AI technology without upfront costs - making it an ideal solution for startups and enterprises alike.
AssistantNLP's Receptionist service is available today to customers in three pricing tiers:
- ‘ Freemium ' – Includes essential features with 60 minutes included per month at no cost;
- ‘ Basic ' – Priced at $99.99/month, includes 500 minutes per month with additional functionalities such as email messaging; and
- ‘ Pro ' – At $299.99/month, includes 2,000 monthly minutes, advanced analytics and customizable features.
Please access https://www.syntheia.ai/pricing for more details on each pricing tier. We are pleased to launch the Never On Hold Again Club , a referral program that rewards customers for sharing the power of AI-driven call handling. By referring businesses to Syntheia, customers can earn exclusive benefits while helping others elevate their customer service experience.
Businesses can sign up for the Receptionist service starting today by visiting www.Syntheia.ai . Our freemium model makes conversational AI technology accessible to everyone.
Looking Ahead:
Since August 2024 the Company's social media campaigns have achieved an increase in followers and over 40,000 impressions across multiple platforms, exceeding management's expectations, increasing brand awareness and strengthening our enterprise pipeline. These efforts will continue with a focus on platform subscriber acquisition. Management will be reporting further in this regard in the weeks ahead.
" Our platform is designed with a foundational open architecture, enabling Syntheia to deliver new services and provide open API technology for seamless integration with other platforms based on client needs, " stated Paul Di Benedetto, Chief Technology Officer of Syntheia. " This approach empowers us to rapidly incorporate the latest AI models, such as DeepSeek, OpenAI, Llama, and others, as they become commercially viable. "
With the platform built and commercially operating, the focus is on growing brand awareness, subscriber acquisition and sales growth.
Online Information Session:
We are inviting any interested party to join our management team for an online presentation on the commercial launch of AssistantNLP and the Company's outlook:
- When : Wednesday, February 5, 2025 at 4:15 p.m. ET
- Where : Zoom Meetings
- Access Details : Please use any of the following methods to join:
- Link: https://us06web.zoom.us/j/89308915697
- Dial-in: +1 689 278 1000
- Webinar ID: 893 0891 5697
International dial-in numbers are available at https://us06web.zoom.us/u/kevaJ1NwLA .
About Syntheia
Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations. Our SaaS platform offers conversational AI solutions for both enterprise and small-medium business customers globally
Cautionary Statement
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Forward-looking statements in this news release include, but are not limited to the availability of additional languages, the Company's mission and business objectives, the Company's efforts to grow brand awareness, customer base and sales, and the Company's ability to integrate other platforms and AI models. Readers are cautioned that forward‐looking information is not based on historical facts but instead reflects the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made.
Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Please refer to the Company's listing statement available on SEDAR+ for a list of risks and key factors that could cause actual results to differ materially from those projected in the forward‐looking information. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
View source version on businesswire.com: https://www.businesswire.com/news/home/20250204524036/en/
For further information, please contact:
Tony Di Benedetto
Chief Executive Officer
Tel: (844) 796-8434
News Provided by Business Wire via QuoteMedia
Syntheia Announces Establishment of Advisory Board and Appointment of Travel Industry Expert, Mr. John Kirk
Syntheia Corp. ("Syntheia" or the "Company") (Syntheia.ai), CSE SYAI, Syntheia, a Canadian leader in conversational AI SaaS, is pleased to announce the establishment of its new Advisory Board. The Advisory Board will collaborate with management and the board of directors to enhance the Company's strategic direction, provide expert guidance on its commercial initiatives, offer industry insights, and shape and accelerate innovations.
As the inaugural member of the Advisory Board, Syntheia welcomes Mr. John Kirk, a leader in the travel industry. The travel sector represents a potentially significant growth market for the Company's technology.
Mr. Kirk is currently Founder and Editor-In-Chief of TravelPulse Canada and TravelPulse Quebec based in Toronto, Ontario, Canada. He has been in the travel industry for over 25 years, working in the tour operator and aviation space with Porter Airlines, where he founded PorterEscapes.com, and Thomas Cook North America as SVP E-Commerce and Retail Distribution. He was responsible for some of Canada's legendary retail brands such as, The Last-Minute Club, Bel Air Travel, Avion Travel, and Algonquin Travel, covering on-line, store front, and call centre, with annual retail sales in excess of over 500 million dollars generated by a retail sales force of over 350 travel advisors across Canada. John is known throughout North America as a leading travel expert and has deep routed relationships crossing all spectrums, from front line sellers of travel to government dignitaries.
" I am extremely pleased and honoured to join Syntheia's Advisory Board, where I look forward to providing guidance as they explore opportunities within the travel and tourism space. The commercial opportunities for conversational AI in this space are incredible. I'm hopeful my years of experience and the relationships I have developed will assist them in achieving their goals ," commented Mr. Kirk who will begin his Advisory Board activities effective immediately.
Tony Di Benedetto, CEO of Syntheia, commented: " We are privileged to welcome John as the founding member of our Advisory Board. His wealth of expertise and leadership will be invaluable as we finalize preparations for Syntheia's commercial launch in January 2025. The establishment of the Advisory Board is a key milestone in unlocking the full potential of Syntheia. We anticipate announcing additional industry leaders to join the Advisory Board in due course. "
For more information and to read customer testimonials, visit Syntheia.ai .
About Syntheia
Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations. Our SaaS platform offers conversational AI solutions for both enterprise and small-medium business customers globally.
Cautionary Statement
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Forward-looking statements in this news release include, but are not limited to the appointment of additional members to the Advisory Board. Readers are cautioned that forward-looking information is not based on historical facts but instead reflects the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made.
Although the Company believes that the expectations reflected in such forward-looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Please refer to the Company's listing statement available on SEDAR+ for a list of risks and key factors that could cause actual results to differ materially from those projected in the forward-looking information. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241204028116/en/
For further information, please contact:
Tony Di Benedetto
Chief Executive Officer
Tel: (844) 796-8434
News Provided by Business Wire via QuoteMedia
Syntheia Enhances Inbound Customer Calls with AI-Powered Virtual Assistants, Positively Impacts Sales and Customer Satisfaction
Syntheia Corp. ("Syntheia" or the "Company") (Syntheia.ai), CSE SYAI, Syntheia, a Canadian leader in conversational AI SaaS, is transforming customer service by delivering an innovative solution that uses natural language processing (NLP) to handle inbound telephone calls with virtual assistants. Since its beta launch in June 2023, Syntheia has processed over 750,000 conversations, bringing new levels of efficiency and engagement to businesses in diverse industries.
Companies like Georgetown Hyundai, Palmieri Furniture, Campio Furniture, and Pay N Go have all embraced Syntheia's platform, highlighting its positive impact on sales and customer satisfaction.
" The success of our customers highlights the potential of AI-driven customer service. Syntheia's platform was designed for easy setup and adoption. We are pleased to see the measurable impacts on sales and customer loyalty across our clients' businesses and the value we bring to our customers, " commented Syntheia's CEO, Tony Di Benedetto.
Customer Testimonials:
"For over a year at Georgetown Hyundai, Syntheia has managed our inbound calls, providing 24/7 support and ensuring we never miss a call. Syntheia has truly elevated our customer experience, setting new standards in responsiveness and leading to increased sales and customer satisfaction." – Connor Attrell, Manager, Georgetown Hyundai.
"By replacing our outdated telephone platform, Syntheia has enabled Palmieri Furniture to deliver seamless, uninterrupted customer engagement. This has strengthened brand loyalty and boosted sales, and we are happy to continue using Syntheia and would recommend it to any company." – Frank Palmieri, Palmieri Furniture.
"At Campio Furniture, we are thrilled to be using Syntheia, which has enhanced customer engagement and streamlined our sales cycle since deployment. It was a breeze to implement, and we're excited to be at the forefront of this evolution, generating efficiencies and sales that might have been otherwise missed." – Vince Servello, President, Campio Furniture.
"At Pay N Go, Syntheia provides 24/7 support by interacting with customers in real time. It is helping us understand and meet customer needs more effectively than ever." – Lino Lombardo, Pay N Go.
Syntheia has beta-tested with additional customers in multiple vertices, all of whom have been instrumental in refining our platform through real-world use.
We are now, more than ever, excited to bring our solution to market in January 2025, ensuring that businesses can stay responsive and connected to their customers 24/7 like never before.
For more information and to read customer testimonials, visit Syntheia.ai
About Syntheia
Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations. Our SaaS platform offers conversational AI solutions for both enterprise and small-medium business customers globally
Cautionary Statement
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Forward-looking statements in this news release include, but are not limited to the expected launch of Syntheia's platform, the proposed expansion of Syntheia's services to additional industries, and the platform's capabilities and functionality and expected results. Readers are cautioned that forward‐looking information is not based on historical facts but instead reflects the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made.
Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Please refer to the Company's listing statement available on SEDAR+ for a list of risks and key factors that could cause actual results to differ materially from those projected in the forward‐looking information. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241129788588/en/
For further information, please contact:
Tony Di Benedetto
Chief Executive Officer
Tel: (844) 796-8434
News Provided by Business Wire via QuoteMedia
Syntheia Rings the Opening Bell on the Canadian Securities Exchange
Syntheia Corp. ("Syntheia" or the "Company") (Syntheia.ai), CSE SYAI, a Canadian leader in conversational AI, is pleased to announce that the Company's leadership team rang the bell to open the market in collaboration with the Canadian Securities Exchange to celebrate its successful listing under the symbol "SYAI".
" We look forward to great success through our partnership with the CSE as we commercially launch our conversational AI to the market. On behalf of the Company, I would like to thank everyone who has made this milestone happen, " commented Tony Di Benedetto, Chief Executive Officer at Syntheia.
The opening bell ceremony can be viewed on CSE TV here .
For more information, visit Syntheia.ai
About Syntheia
Syntheia is an artificial intelligence technology company which is developing and commercializing proprietary algorithms to deliver human-like conversations. Our SaaS platform offers conversational AI solutions for both enterprise and small-medium business customers globally
Cautionary Statement
Neither the Canadian Securities Exchange nor its Market Regulator (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this news release.
This news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate", "may", "will", "would", "potential", "proposed" and other similar words, or statements that certain events or conditions "may" or "will" occur. These statements are only predictions. Forward-looking information is based on the opinions and estimates of management at the date the information is provided and is subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those projected in the forward-looking information. Forward-looking statements in this news release include, but are not limited to the expected launch of Syntheia's platform. Readers are cautioned that forward‐looking information is not based on historical facts but instead reflects the Company's management's expectations, estimates or projections concerning the business of the Company's future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made.
Although the Company believes that the expectations reflected in such forward‐looking information are reasonable, such information involves risks and uncertainties, and undue reliance should not be placed on such information, as unknown or unpredictable factors could have material adverse effects on future results, performance or achievements. Please refer to the Company's listing statement available on SEDAR+ for a list of risks and key factors that could cause actual results to differ materially from those projected in the forward‐looking information. Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward‐looking information prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected.
Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change unless required by law. The reader is cautioned not to place undue reliance on forward-looking information.
The securities of the Company have not been and will not be registered under the United States Securities Act of 1933, as amended and may not be offered or sold in the United States absent registration or an applicable exemption from the registration requirement. This press release shall not constitute an offer to sell or the solicitation of an offer to buy nor shall there be any sale of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful.
View source version on businesswire.com: https://www.businesswire.com/news/home/20241120927927/en/
Tony Di Benedetto
Chief Executive Officer
Tel: (844) 796-8434
News Provided by Business Wire via QuoteMedia
How to Invest in OpenAI's ChatGPT
In September 2024, Reuters reported that OpenAI is planning a restructuring that would see the non-profit become a for-profit company in order to make it "more attractive to investors." The non-profit OpenAI will still exist on its own and have a minority stake in the for-profit company. CEO Sam Altman will also receive an equity position in the new for-profit OpenAI. The company is planning to make this transition in 2025.
OpenAI completed a new round of funding totaling US$6.6 billion in early October projected to bring its valuation to more than US$157 billion. Tech giants NVIDIA (NASDAQ:NVDA) and Microsoft (NASDAQ:MSFT) took part in the funding round.
Many investors are wondering if it's possible to invest in ChatGPT stock, and if there are other ways to invest in generative AI. Here the Investing News Network (INN) answers those questions and more, shedding light on this new landscape.
In this article
- What is OpenAI's ChatGPT?
- What is the Stargate Project?
- How much has Microsoft invested in OpenAI?
- What is Elon Musk's relationship to OpenAI?
- OpenAI criticisms and lawsuits
- What's the future of OpenAI and ChatGPT?
- When will OpenAI go public?
- Which stocks will benefit the most from AI chatbot technology?
- FAQs for investing in OpenAI and ChatGPT
What is OpenAI's ChatGPT?
Created by San Francisco-based tech lab OpenAI, ChatGPT is a generative AI software application that uses a machine learning technique called reinforcement learning from human feedback (RLHF) to emulate human-written conversations based on a large range of user prompts. This kind of software is better known as an AI chatbot.
ChatGPT learns language by training on texts gleaned from across the internet, including online encyclopedias, books, academic journals, news sites and blogs. Based on this training, the AI chatbot generates text by making predictions about which words (or tokens) can be strung together to produce the most suitable response.
More than a million people engaged with ChatGPT within the first week of its launch for free public testing on November 30, 2022. The introduction of ChatGPT quickly ushered in a new era in the tech industry.
“With the launch of ChatGPT late in 2022, the true scale of its disruptive potential was more realized across the world in 2023,” said Naseem Husain, senior vice president and exchange-traded fund (ETF) strategist at Horizons ETFs, in an interview with the Investing News Network. “Its success has sparked a wave of generative and chat AI models, from Midjourney to Grok.”
Based on this success, OpenAI created a more powerful version of the ChatGPT system called GPT-4, which was released in March 2023. This iteration of ChatGPT can accept visual inputs, is much more precise and can display a higher level of expertise in various subjects. Because of this, GPT-4 can describe images in vivid detail and ace standardized tests.
Unlike its predecessor, GPT-4 doesn't have any time limits on what information it can access; however, AI researcher and professor Dr. Oren Etzioni has said that the chatbot is still terrible at discussing the future and generating new ideas. It also hasn't lost its tendency to deliver incorrect information with too high a degree of confidence.
Further improving on its product, in May 2024 OpenAI launched Chat GPT-4o, with the o standing for omni. OpenAI describes GPT-4o as "a step towards much more natural human-computer interaction—it accepts as input any combination of text, audio, image, and video and generates any combination of text, audio, and image outputs."
This version has done away with the lagging response time afflicting GPT-4. This proves especially helpful for producing immediate translations during conversations between speakers of different languages. It also allows users to interrupt the chatbot to pose a new query to modify responses.
More recently, in December 2024, OpenAI introduced ChatGPT Pro subscriptions targeting engineers and academics. For US$200 monthly, users have nearly unlimited access to all ChatGPT models and tools.
The ChatGPT 3.5 and ChatGPT-4 platforms are free to use, and can be accessed via the web. Those with an iPhone or iPad can also use ChatGPT through an app, and an Android version launched in July 2023. OpenAI also launched a paid subscription, ChatGPT Plus for business use, in August 2023. ChatGPT Plus gives users access to GPT-4 and the newest iteration GPT-4o.
What is the Stargate Project?
The Stargate Project is an AI joint venture focused on building new AI infrastructure in the US through US$500 billion in investments. It was announced on January 21, 2025.
Stargate’s initial funding is coming from OpenAI, Japanese multinational investment firm SoftBank, Oracle (NYSE:ORCL) and UAE-based technology fund MGX. In addition to OpenAI and Oracle, Stargate’s technology partners include Microsoft, NVIDIA, and British semiconductor and software design company Arm Holdings (NASDAQ:ARM).
Newly re-elected US President Trump unveiled Stargate during a press conference at the White House highlighting the importance of investment in US AI infrastructure. During the announcement, OpenAI’s Altman, Oracle co-founder Larry Ellison and Softbank CEO Masayoshi Son credited President Trump’s return to office as a major catalyst in making Stargate a reality. The construction of data centers for the Stargate Project are already underway in Texas, according to Ellison.How much has Microsoft invested in OpenAI?
Ascannio / Shutterstock
Over the years, Microsoft has reportedly invested nearly US$14 billion in OpenAI to help the small tech firm create its ultra-powerful AI chatbot.
As for how Microsoft could benefit from its investment in OpenAI, OpenAI officially licensed its technologies to Microsoft in 2020 in a then-exclusive partnership. Indeed, Pitchbook has described the deal as an “unprecedented milestone” for generative AI technology. Since then, Microsoft has made good use of OpenAI’s technology in developing new advancement in its Azure cloud computing business.
However, the relationship between the two has changed in recent months.
Notably, Microsoft is not a financier of the Stargate Project joint venture, and is instead just described as a technology partner. According to OpenAI’s press release, the new joint venture builds on its existing partnership with Microsoft.
Microsoft’s lack of a funding role in Stargate led some to wonder if the trillion-dollar tech firm had soured on its relationship with OpenAI. This conclusion was understandable given reports that Microsoft refused to make a bigger contribution than the US$750 million it invested during the OpenAI US$6.6 billion funding round in October.
Additionally, Microsoft changed the contract between the two companies and is no longer the exclusive cloud provider for OpenAI, but has the right of first refusal for deals the AI firm may make with other cloud companies.
As Bloomberg technology reporter Dina Bass explained, Microsoft stands to benefit from its role as a technology partner without having to invest a dime into the project.
“Microsoft views the revised contract with OpenAI as advantageous, according to people familiar with the company’s thinking. The software giant retains its share of OpenAI’s revenue and is the largest investor in a company that may now become even more valuable — though the size of that stake could change as the startup works to restructure as a for-profit,” wrote Bass. “And Microsoft also still has access to OpenAI models, even if they’re trained in a data center funded by Softbank or Oracle.”
Elon Musk's position on OpenAI
DIA TV / Shutterstock
OpenAI was founded in 2015 by Altman, its current CEO, as well as Tesla (NASDAQ:TSLA) CEO Elon Musk and other big-name investors, such as venture capitalist Peter Thiel and LinkedIn co-founder Reid Hoffman. Musk left his position on OpenAI's board of directors in 2018 to focus on Tesla and its pursuit of autonomous vehicle technology.
A few days after ChatGPT became available for public testing, Musk took to X, formerly known as Twitter, to say, “ChatGPT is scary good. We are not far from dangerously strong AI.” That same day, he announced that X had shut the door on OpenAI’s access to its database so it could no longer use it for RLHF training.
His reason: “OpenAI was started as open-source & non-profit. Neither are still true.”
Furthering his feud with OpenAI, Musk filed a lawsuit against the company in March 2024 for an alleged breach of contract. The crux of his complaint was that OpenAI has broken the "founding agreement" made between the founders (Altman, Greg Brockman and himself) that the company would remain a non-profit. Altman and OpenAI have denied there was such an agreement and that Musk was keen on an eventual for-profit structure.
Musk dropped the lawsuit three months later without giving a reason, reported Reuters. The day before he dropped the lawsuit, he reacted to the news that Apple (NASDAQ:AAPL) is partnering with OpenAI to incorporate ChatGPT with Apple devices. On X, Musk declared, "If Apple integrates OpenAI at the OS (operating system)level, then Apple devices will be banned at my companies. That is an unacceptable security violation.” It should be noted that OpenAI has said queries completed on Apple devices will not be stored by OpenAI. By August 2024, Musk had resumed his litigation in federal court.
It seems that the US government also has questions about the restructuring of the private company and the involvement of tech giant Microsoft, as reported by Bloomberg. In early January 2025, the Financial Press also reported the Federal Trade Commission (FTC) has raised questions about the potential anti-trust violations in the newly emerging AI technology space arising from Microsoft's partnership with and investments in OpenAI.
Of course, Musk took to X to weigh in on the Stargate Project, suggesting OpenAI and its partners don’t actually have the US$500 million they’ve pledged to invest. Sam Altman was quick to reply, telling Musk he’s mistaken and inviting him to visit their data center under construction in Texas.
However, Musk is not alone in his skepticism. For example, Atreides Management Chief Investment Office Gavin Baker also questioned the deal on X. “Stargate is a great name but the $500b is a ridiculous number and no one should take it seriously,” said Baker, backing up his statement by explaining the financial positions of each of the partners. “Nowhere close to $500b. Everyone should just start issuing press releases for $1 trillion AI projects,” he added.OpenAI criticisms and lawsuits
While ChatGPT has served as a major step forward in generative AI technology, there are many technical and ethical concerns with the program that have emerged since it launched, including fears over job destruction and targeted disinformation campaigns.
Accuracy of information in ChatGPT's answers is not guaranteed. Its selection of which words to string together are actually predictions — not as fallible as mere guesses, but still fallible. Even the 4.0 version is “still is not fully reliable (it “hallucinates” facts and makes reasoning errors),” says the company, which emphasizes that users should exercise caution when employing the technology.
Indeed, ChatGPT's failings can have dangerous real-life consequences. Among other negative applications, the tech can be used to spread misinformation, carry out phishing email scams or write malicious code.
There’s also the fear among teachers that the technology is leading to an unwelcome rise in academic dishonesty, with students using ChatGPT to write essays or complete their homework.
“Teachers and school administrators have been scrambling to catch students using the tool to cheat, and they are fretting about the havoc ChatGPT could wreak on their lesson plans,” writes New York Times tech columnist Kevin Roose.
Many lawsuits against OpenAI have emerged as well. Multiple news outlets, including the the New York Times, have launched copyright lawsuits against OpenAI, and some of the plaintiffs are also seeking damages from the private tech firm’s very public partner Microsoft.
Additionally, the Authors Guild, which represents a group of prominent authors, launched a class-action lawsuit against OpenAI that is calling for a licensing system that would allow authors to opt out of having their books used to train AI, and would require AI companies to pay for the material they do use.
In October, OpenAI researcher Suchir Balaji blew the whistle on the company, reporting that the firm was violating US copyright laws. He died one month later in what was ruled a suicide, but the investigation is still open.
Cybersecurity risks are also a concern for ChatGPT users, and recent events along these lines add validity to Musk's warning. For one, in 2024 ChatGPT for macOS was discovered to be breaching Apple's security rules by storing data as plain text rather than encryption, making it possible for other apps to access.
What's the future of OpenAI and ChatGPT?
What about the long-term goals for OpenAI and ChatGPT? For most of the tech leaders in this space, the end game is artificial general intelligence (AGI) — a system that can perform any function the human brain can, including self-teaching, abstract thinking and understanding cause and effect.
As uptake increases, AI technology is taking over the role of humans and will likely continue doing so in a number of fields, from content creation and customer service to transcription and translation services, and even in graphic design, software engineering and paralegal fields.
In addition to Microsoft's use of the ChatGPT technology as part of Copilot, other companies are working with OpenAI to incorporate the technology into their platforms, including Canva, Duolingo (NASDAQ:DUOL), Expedia (NASDAQ:EXPE), Intercom, Salesforce (NYSE:CRM), Scale, Stripe and Upwork (NASDAQ:UPWK).
For 2025, OpenAI is focusing on developing agentic AI capabilities into its ChatGPT platform. Agentic AI, a part of the evolution towards AGI, involves AI systems and models that can act autonomously and complete tasks without much human guidance. Early in January, OpenAI announced the rollout of new task features for ChatGPT Pro, Plus and Teams users. While still in the beta stage, these features allow users to schedule future tasks to be completed by ChatGPT, such as a weekly news brief or reminders about important meetings.
OpenAI first debuted its foray into agentic AI in September 2024 with the introduction of ChatGPT o1, stating "We've developed a new series of AI models designed to spend more time thinking before they respond." The release of the next iteration of this model, ChatGPT o3 mini, is anticipated for 2025.
OpenAI is planning to transition to a for-profit company in 2025. “As we enter 2025, we will have to become more than a lab and a startup — we have to become an enduring company,” stated the press release. “The world is moving to build out a new infrastructure of energy, land use, chips, data centers, data, AI models, and AI systems for the 21st century economy. We seek to evolve in order to take the next step in our mission.”
However, the company can expect to face obstacles to its transition from not only Elon Musk but its other competitors including Meta Platforms (NASDAQ:META), and the complexity of its partnership with Microsoft.
The recent release of Chinese startup DeepSeek’s AI assistant may pose an even bigger problem for OpenAI and the US tech industry as a whole. In what tech gurus like Marc Andreesen call AI’s Sputnik moment, DeepSeek unseated ChatGPT as the most downloaded free app in the Apple App Store, at reportedly a fraction of the cost. For reference, in 1957 the Soviets launched Sputnik, the earth’s first artificial satellite, beating out the United States and sparking a Cold War space exploration race between the two nations.
The DeepSeek launch set off a significant sell off in technology stocks on January 27, 2025, especially among the Magnificent Seven members, including NVIDIA, Microsoft and Alphabet (NASDAQ:GOOGL).
When will OpenAI go public?
OpenAI stock is not currently publicly traded, but following the recent move to restructure the company from a non-profit to a for-profit entity, an initial public offering (IPO) may be in the works for 2025. For now, investors can gain exposure through related tech companies discussed here.
Which stocks will benefit the most from AI chatbot technology?
While most companies specializing in generative AI remain in the venture capital stage, there are plenty of AI stocks for those interested in the space. INN's article 5 Canadian Artificial Intelligence Stocks, ASX AI Stocks: 5 Biggest Companies, and 12 Generative AI Stocks to Watch as ChatGPT Soars includes some examples.
Other than companies directly tied to generative AI technology, which stocks are likely to get a boost from generative AI advancements?
There are several verticals in the tech industry with indirect exposure to AI chatbot technology, such as semiconductors, network equipment providers, cloud providers, central processing unit manufacturers and internet of things.
Some of the publicly traded companies in these verticals include:
- Graphics processing unit leader NVIDIA (NASDAQ:NVDA)
- The world's largest semiconductor chip manufacturer by revenue, Taiwan Semiconductor Manufacturing Company (NYSE:TSM)
- Computer memory and data storage producer Micron Technology (NASDAQ:MU)
- Digital communications firm Cisco Systems (NASDAQ:CSCO)
- Networking products provider Juniper Networks (NYSE:JNPR)
- Semiconductor producer Marvell Technology Group (NASDAQ:MRVL)
- Cloud-computing Amazon Web Services' parent company Amazon (NASDAQ:AMZN)
- Bluechip multinational technology company IBM (NYSE:IBM)
- Major semiconductor chip manufacturer Intel (NASDAQ:INTC)
Investors who don’t like to put all their eggs in one basket can check out these 5 Artificial Intelligence ETFs. And if you’re looking for a more general overview of the market, INN has you covered with How to Invest in Artificial Intelligence. You can also take a look back at the market in 2024 with our AI Market 2024 Year-End Review, or read projections for AI this year in our AI Market Forecast: 3 Top Trends that will Affect AI in 2025. Generative AI is also a major theme in the Top 10 Emerging Technologies to Watch.
FAQs for investing in OpenAI and ChatGPT
How is OpenAI funded?
OpenAI raised US$17.9 billion over 10 funding rounds from 2016 to November 2024.
Top investors include technology investment firm Thrive Capital, venture capital firm Andreessen Horowitz and revolutionary technology investment firm Founders Fund.
What is the market value of ChatGPT/OpenAI?
OpenAI has a market valuation of US$157 billion as of October 2024. The company’s 2023 revenue had reached US$2 billion mark in December 2023 to join the ranks of Google and Meta. OpenAI's annualized revenue reached US$3.4 billion in May 2024.
Does ChatGPT use NVIDIA chips?
ChatGPT’s distributed computing infrastructure depends upon powerful servers with multiple graphics processing units (GPUs). High-performance NVIDIA GPU chips are preferred for this application as they also provide excellent Compute Unified Device Architecture support.
What is DeepSeek?
DeepSeek is a Chinese AI company that launched new AI-driven, open-source language models known as DeepSeek-V3 and DeepSeek-R1 into the market in January 2025. Reuters reports that "the training of DeepSeek-V3 required less than $6 million worth of computing power from Nvidia H800 chips."
DeepSeek-R1 is designed to compete with the performance of OpenAI-o1 across math, code, and reasoning tasks.
Can ChatGPT make stock predictions?
A University of Florida study from 2023 highlighted the potential for advanced language models such as ChatGPT to accurately predict movements in the stock market using sentiment analysis.
During the course of the study, ChatGPT outperformed traditional sentiment analysis methods, and the finance professors conducting the research concluded that “incorporating advanced language models into the investment decision-making process can yield more accurate predictions and enhance the performance of quantitative trading strategies.”
When to expect ChatGPT 5?
In November 2024, Altman confirmed that ChatGPT-5 wouldn't likely hit the market until later in 2025 as the company switched its focus to ChatGPT o1 and its successors.
Previously, OpenAI filed a trademark application for ChatGPT-5 in mid-July 2023, which hinted that the next iteration of the generative AI technology is currently under development. There were rumors the company planned to complete training for ChatGPT-5 by the end of 2023, but this did not materialize.
PC Guide noted in April 2024 that Sam Altman had teased an “amazing new model this year" in an interview on the Lex Fridman podcast. The following month, tech writer Suswati Basu shared in a blog that OpenAI confirmed that a new model is in the works, and she predicted an expected release in late 2024 or early 2025.
This is an updated version of an article first published by the Investing News Network in 2023.
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Securities Disclosure: I, Melissa Pistilli, hold no direct investment interest in any company mentioned in this article.
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