Globtec Pivots to Functional AI and Blockchain
Globtec pivots to functional AI and Blockchain, also announces a partnership with ATEZ, and opens institutional participation through a structured security on SIX Swiss Exchange.
Pivot to Functional AI and Blockchain
Globtec Investment LLC consolidated the strategy initiated in early 2023: a shift from the renewable energy sector to functional Artificial Intelligence and the integration of Blockchain. But what does this specifically mean? Globtec focuses its strategy, development, and resources on solutions where AI acts as an applied function, and Blockchain provides infrastructure reliability and traceability.
Globtec CEO Murat Karabay said:
“Our strategic decision in early 2023 to withdraw from the renewable energy sector and focus entirely on Artificial Intelligence was correct and visionary. While almost everyone is talking about AI today, we are investing in functional AI systems that have the potential to be combined with blockchain technology to maximize transparency, security, and efficiency.”
ATEZ: Product Base, Clients, and Capital Markets Roadmap
But these are not all the key initiatives; in particular, the partnership with ATEZ Software Technologies is critically important for this. This company specializes in high-end software for cross-border movement of goods, customs and trade compliance, as well as automation of customs/transit declarations. And yes, ATEZ has its own AI models that it integrates into its software, and they were trained on real field data from affiliated companies with more than 35 years of experience in logistics, customs clearance, and international trade. The developments have been tested in real cases and are used by clients such as Amazon, Schenker, and IRU; ATEZ has a presence across Turkey, the United Kingdom, the United States, and Germany.
Thus, this is precisely the applied, functional AI that solves real problems here and now, without compromise. Globtec plans to significantly expand ATEZ in the United States and then move ATEZ’s headquarters to the United States. Moreover, management sees the potential for outsized growth within a three-year horizon and aims to carry out a successful IPO in the next few years. Also, for institutional investor participation, Globtec has provided a structured security on SIX Swiss Exchange.
Globtec: A Bet on Fundamental Technologies With a Practical Focus
Globtec has taken the most promising direction to succeed in the modern world. We take two key technologies of the 21st century, and apply them in the best practical areas, and combine their best aspects. As a result, we get an extremely large potential for growth, of course, with competent execution.
We have already detailed how AI has long been integrated into the crypto trading of major – and now not only major – players, and shows excellent results; learn more here.
Globtec also provides an entry point for large capital, in particular, a structured security on SIX, and the goal of an IPO, which gives great potential for participation and scaling. It sounds extremely promising; we will watch closely for further developments and achievements in this direction.