Strategic Investment In AI Company Leads To Share Price Rally For This Micro Cap

By: Tomas Ronolski - AllPennyStocks.com News

Monday, March 3, 2025

The race to scale AI is intense as competition in this rapidly growing sector heats up. Today, an AI micro-cap announced a strategic investment aimed at gaining an edge and staying ahead in this fast-paced sector growth phase.

MedBright AI Investments Inc. (CSE:MBAI) (OTCQB:MBAIF), a capital allocator focused on investing in diversified industries, announced a strategic investment into Algo8 Industrial AI Inc., a global pioneer in industrial artificial intelligence.

Algo8’s AI Digital Twins provide intelligent, real-time simulations of industrial environments, unlocking efficiency and agility. By integrating IoT, edge computing, and machine learning, these dynamic models anticipate system failures, optimize resource allocation, and enable human-AI collaboration. This evolution from predictive maintenance to autonomous operations is key to building future-ready smart factories.

“MedBright's investment strategy centers on identifying and nurturing opportunities across a range of dynamic sectors,” said Brandon Kou Director of MedBright AI. “Our commitment to the AI landscape will be led by our investment into Algo8, a company that is not merely innovating, but also demonstrating a clear capacity for practical application and organizational adaptation, ensuring that technological progress translates into meaningful business transformation.”

“We believe we are entering the era of autonomous factories where AI-driven intelligence will redefine industrial efficiency and sustainability,” said Nandan Mishra, CEO of Algo8. “With this strategic investment, we will push the boundaries of our technology, making manufacturing smarter, faster, and more sustainable. Our mission is to shape the future of industrial AI and enable enterprises to unlock unrealized value.”

Details of the investment saw MedBright AI investing $900,000 at a $8,000,000 pre-money valuation, representing 11.25% of the issued and outstanding Algo8 shares. The Company funded this investment with existing cash on hand as well as the sale of existing marketable securities.

Shares of Canadian listed MBAI were up 15.38% at $0.075 in late-afternoon trading.

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