Nano-cap Baijiayun Group Stock Jumps On Strategic AI Collaboration: Retail Sentiment Soars

Shares of nano-cap Baijiayun Group Ltd (RTC) soared in Wednesday’s after-hours session after the Beijing-based company announced a new contract.

Baijiayun Group, an artificial intelligence (AI) video solutions provider, said it has reached a strategic cooperation with Beijing Xinlantian Education Technology to deploy its AI technology to help rehabilitation of autistic children.

The strategic cooperation provides for the two parties to jointly develop an intelligent diagnostic assistance platform to create personalized rehabilitation plans tailored to each child's unique condition and training needs. 

“Leveraging big data analytics and machine learning algorithms, the platform will enable real-time monitoring of training progress and outcomes,” the companies said.

Baijiayun would provide comprehensive support including social-customer relationship management, online school platforms, intelligent diagnostics, and regulatory tools.  

This in turn will help Xinlantian achieve refined management of parent leads, unified administration of teaching operations, real-time diagnosis of developmental challenges, and intelligent oversight of nationwide branches. 

Yi Ma, CEO of Baijiayun Group said, “The essence of AI lies in enabling businesses to deliver personalized services at scale. Our partnership with Xinlantian signifies a crucial step in applying AI to special needs education.”

On Stocktwits, retail sentiment toward Baijiayun Group stock soared to ‘extremely bullish’ (94/100) by late Wednesday from ‘bullish’ seen a day ago. The message volume climbed to ‘extremely high’ levels.

A bullish watcher said the stock could rally to $2 on the news.

Another user said the stock is highly undervalued.

After closing Wednesday’s session down nearly 8% at $0.2150, Baijiayun Group stock jumped 80.37% in the after-hours session.

The stock, however, is down about 94% so far this year.

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