Why AI-Powered Amesite Stock Is Skyrocketing Today

Shares of micro-cap AI course designer company Amesite Inc AMST are soaring Tuesday after the company announced the addition of GPT-3 powered functionality to its AI toolkit for customers and users.

What Happened: Amesite said it's now delivering features leveraging GPT-3, the engine for ChatGPT, on its learning platform to complement its existing AI capabilities. 

Amesite's V5 Customers now have the option to offer learners an AI-assist in explaining challenging concepts and drafting materials, 24/7. An enhanced toolkit will be made available on April 2.

"We continue to believe that AI is the future of effective, scalable online learning, and have demonstrated the importance of the technology with our 99% retention rate for paid experiences. With curated access to databases with over 240M pieces of qualified information, our users receive updates on important developments in their fields in real time," said Ann Marie Sastry, CEO of Amesite.

Amesite's average session volume over a 100-day period is approximately 1.26 million. Tuesday's trading volume has already exceeded 72 million at publication time.

Amesite delivers a scalable, customizable online learning platform to universities, businesses, museums and government agencies, enabling them to deliver outstanding digital learning.

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AMST Price Action: Amesite shares are up 102.7% at 57 cents at the time of publication, according to Benzinga Pro.

Photo: StockSnap from Flickr.