Mellat Water is one of the companies that was established with the aim of monitoring the media using artificial ielligence. The company now also offers big data analytics and business ielligence services. Now, in the expansion of this company, the news of Verdane's 65 million dollar investme was also published.
Verdane is a Norwegian investme company and has invested in numerous companies. In this round of investme, it has also received 11% of Mellat Water's shares.
Uil the beginning of this year, Mellat Water shares were traded on the Norwegian Stock Exchange. However, under the manageme of Jören Lysgen, it was delisted from the stock market with a deal with two investme companies, Altor and Marlin.
Most of the company's shares are owned by Fouain Veure, which is itself owned by Mr. Lisgen. Verdane has directly acquired a partial ownership of Fouain Veure to receive the shares of Water Nation.
The main purpose of Verdane in providing this capital to Fouain Veure is to expand cooperation and invest in other startups in the field of artificial ielligence.
Investing in Mellat Water is a mirror of the investme market in Europe
This transaction represes importa pois in the European technology and veure capital market.
The first poi is the strong pressure on the market value of companies. The capital provided to Mellat Water shows the company's market value of about 590 million dollars. While Mellat Water has attracted more than 700 million dollars of capital so far. This number is much lower than the market value of this company at the time of eering the Norwegian Stock Exchange, which was more than 1 billion dollars at that time.
The second poi is the nature of investme in the curre conditions of Europe and the efforts of investors to reduce their risk. European investme markets are currely facing a shortage of money. The investme company Atomico announced in its annual report that the investme in the European Union in this area has halved to about 40 billion dollars. During this period, private investors have eered the market more than veure investors.
In this way, by investing in Fouain Veure, Verdane not only owns Mellat Water, but also owns other startups such as Jobylon. In this way, the risk of investing in only one business is removed from this amou of capital.
From a technological poi of view, companies like Mellat Water are four ways of business. Similar activities with this company were previously carried out by legions of people who read each newspaper and separated any news related to a company from the newspapers and news and preseed it to their customers.
With the arrival of social networks and the decline of traditional media, this activity was done digitally and could easily be managed by a computer. Activities such as analyzing tone and words are now being done by artificial ielligence systems. However, data sources such as Twitter limit access to their data little by little. On the other hand, big competitors such as OpenAI have faced a new revolution in the search and coe production market by creating systems such as JPT Chat.
However, Mellat Water owners do not feel threatened by ChatGPT. From his poi of view, these artificial ielligence systems are equivale to Netscape (one of the first Iernet companies) and are the beginning of a new era in the Iernet. However, these companies themselves will not be part of the future. According to Mr. Lisgen, Mellat Water technologies are at the edge of the technologies used in this field. Mellatwater currely serves many clies and analyzes more than 1 milbard of documes per day for clies in the media, marketing and public relations industries.
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