This underfollowed AI company just had groundbreaking news about its highly anticipated productâ¦.âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ âÍ Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Â Greetings Investors, Todayâs alert is about an exciting and growing company in the AI sector. AI is one of the biggest topics of discussion on Wall Street and even more so since ChatGPT rolled out. Nvidia, the AI chip leader has skyrocketed in 2023 on blowout earnings and strong guidance. The stock is a testament to how big AI is getting and is up over 200% this year alone. Itâs now over $400 a share! The conversation about AI is only getting louder and this makes it an optimal time to put this emerging NASDAQ company on your radar while it is trading at UNDER $1.00!! Add Wearable Devices Ltd. (NASDAQ: WLDS) to your watch list. This may be one of the most exciting AI plays going undetected right now! WLDS is a technology growth company specializing in artificial intelligence (AI) powered touchless sensing wearables. The company is bridging AI with wearable devices and has created something that anybody with an Apple watch may want to be a part of! Not only that but the military and defense are interested in its innovative technology. [AmericanBulls.com]( currently has a âSTAY LONGâ rating on the stock. Almost one in three Americans uses a wearable device, such as a smartwatch or band, to track their health and fitness. This is according to thousands of adults who participated in the [Health Information National Trends Survey.]( Thatâs a big number. Wearable devices are a booming sector and are only expected to get bigger. [Data Bridge Market Research]( analyses that the global wearable devices market, which was USD 137.63 billion in 2022, is expected to reach USD 539.41 billion by 2030, and is expected to undergo a CAGR of 18.7% during the forecast period 2023-2030. What does WLDS do? WLDS is developing AI-based neural input interface technology for the B2C and B2B markets. The company is committed to creating disruptive, industry-leading technology that leverages AI and proprietary algorithms, software, and hardware to set the input standard for the Extended Reality, one of the most rapidly expanding landscapes in the tech industry. The Mudra BandWLDSâ flagship product is the Mudra Band for Apple Watch, which integrates innovative AI-based technology and algorithms into a functional, stylish wristband that utilizes proprietary sensors to identify subtle finger and wrist movements allowing the user to âtouchlesslyâ interact with connected devices. The Mudra Band is an AI-powered aftermarket product that connects with the Apple Watch and uses neural signals from the wrist to translate movement intent to digital command. The user can control the iPhone, iPad, Mac and AppleTV using its Air-Touch functionality that enables the use of subtle finger movements for point, click, and drag & drop interactions. The custom Apple Watch face allows seamless switch and toggle between the above mentioned Apple Ecosystem products and additional paired Bluetooth devices. The Mudra Band iOS app features a world novelty â the user can view surface nerve conductance (SNC) neural signals live and in real-time. The Company also markets a B2B product, which utilizes the same technology and functions as the Mudra Band and is available to businesses on a licensing basis. Why pay attention to WLDS right now? The company recently announced a game-changing development â the integration of a remarkable gesture and voice-controlled interface for its Mudra Band for Apple Watch! More than [100 million people]( wear an Apple Watch. Picture this: complete control at your fingertips, or rather, at the wave of your hand and the sound of your voice. With this groundbreaking integration, WLDS is transforming the way we interact with digital devices. No more tapping, swiping, or even touching â just intuitive, touchless control that feels like magic. This is the future of digital devices. Guy Wagner, Chief Scientist Officer and Co-Founder of Wearable Devices commented:"We've harnessed the essence of human interaction â a beautiful blend of speech and manual communication. Our integration, combining voice and gesture recognition as input methods, is nothing short of revolutionary. By leveraging AI-powered sensors that interpret subtle finger and hand movements, we've created a product that redefines touchless interaction with connected devices. Adding voice integration, we're taking things to the next level, making our products and other connected devices more intuitive and user-friendly than ever before." It was only last month that the first batch of the highly anticipated Mudra Band was delivered to its customers. This milestone marks a significant achievement for WLDS and a momentous occasion for tech enthusiasts and Apple customers everywhere. Another big announcement⦠WLDS announced not long ago that it has expanded its Mudra gesture technology licensing program to include defense and military applications, in response to the increasing demand within this sector. The Company has already received requests for quotes from leading global defense and homeland security companies seeking to evaluate Mudra technology for potential integration into their products and operations!! Why is the defense and military paying attention to this company? With the control of defense technology increasingly shifting to ground and field operators, Mudra gesture technology offers customized, easy-to-use, discreet solutions that can maximize efficiency and minimize margin for error in environments where these are of the utmost importance. Asher Dahan, CEO of WLDS commented, âOur expansion into the defense and military sector reflects the expanding demand for our technology and the variety of applications our technology can enhance and support. We've been approached by several leading defense and homeland security companies that have recognized the potential of our Mudra gesture technology in their products and operations.â Year-To-Date Operational Highlightsâ¦. WLDS has been busy over the year. Letâs look at what the company has been achieving: - Announced preorder availability for flagship consumer product, Mudra Band for Apple Watch
- Hit pivotal milestone of its first batch of the Mudra Band being delivered
- Commenced commercial manufacturing of Mudra Band for Apple Watch
- Launched AI-based Air-Touch functionality for Android
- Filed patent application with United States Patent and Trademark Office for expanded AI-based immersion technology
- Strengthened leadership team with the addition of Tamar Fleisher as Chief Operating Officer and Pankaj Kedia to advisory board
- Announced Mudra Band compatibility with B2B and B2C smart glasses brands
- Enabled new user experience for mobile gaming In Summary⦠Wearable Devices Ltd. (NASDAQ: WLDS) is focused on manufacturing a revolutionary product that will transform the way people interact with their electronic devices. The fact that the company is getting attention from global defense and homeland security companies says something. The Mudra Band is setting the standard for human-computer interaction. AI and the metaverse are fast-growing domains and very popular right now. As these sectors evolve and expand, they unveil vast market potential. WLDS is confident that with its unique and industry-leading capabilities, its technology is positioned to blend effortlessly into these dynamic platforms, carving out a significant presence. Trading at pennies, WLDS is an exciting and growing AI play to not dismiss! Start your own research! Copyright 2023 © SCDalerts.com is owned and operated by the owner of SCD Media LLC. 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