The NEAR Foundation, a Swiss non-profit organization that supports the governance and development of the NEAR protocol, has partnered with the Cosmose AI company, founded in 2014. The NEAR Foundation also made a strategic investment in the company within the framework of the partnership. This increased the value of the Cosmose AI company to $ 500 million.
Cosmose AI, a company that uses artificial intelligence analytics to track in-store traffic, predict people's offline purchases, and interact with shoppers online, has partnered with the NEAR Foundation.
The foundation, an entity that supports the management of the NEAR protocol, also made an investment in the Cosmose AI company within the framework of this partnership, but the amount was not disclosed. After the investment, the valuation of the company reached $ 500 million.
“It's crazy to even think about paying without blockchain”
Cosmose AI, which also works with major companies such as Louis Vuitton, Richemont, L'Oréal and Estée Lauder, used the following statements in its statement on the subject:
“With this new investment, as Cosmose AI, we will combine the principles of Web3 with the retail ecosystem supported by artificial intelligence. We will continue to build a seamless ecosystem for shoppers and retail sellers”
Paying paid attention to the fact that “It's crazy to imagine a payment system without blockchain,” said Miron Mironiuk, CEO of Cosmose AI, noting that NEAR will offer fast and much cheaper payment systems to them.
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