HUMBL Launches Artificial Intelligence and Automated Machine Learning Initiatives Across Consumer, Commercial and Latin America - TipRanks.com

San Diego, California, March 28, 2023 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTCQB: HMBL) HUMBL announced today the launch of its Artificial Intelligence (AI) and Automated Machine Learning initiatives across its consumer, commercial and Latin America business units. On the commercial side, HUMBL kicked off its AI / Automated Machine Learning initiatives with the announcement of its first commercial sales contract in its HUMBL Latin America subsidiary, with the sale of AI / Automated Machine Learning services for a leading IT / Telecommunications provider in the Latin America region in the form of a $60,000 (USD) contract for initial deliverables and a total contract value of $195,000 (USD) over three years, pending the achievement of milestones by HUMBL Latin America. "Artificial Intelligence is an accelerant to the principles of web3," said Brian Foote, CEO of HUMBL. "The use of public data sets to create more autonomous, intelligent outcomes for consumers, as well as the corporations and governments that serve them, is an excellent use of automated machine learning technologies," continued Foote. "The use of AI can help our clients model for more predictive outcomes around things like credit scoring, default rates, churn rates, healthcare patterns and more; driving more tailored experiences for consumers, while driving revenues and improved efficiencies for corporations and governments."