Why Is This Bull Run Scaring JP Morgan, Goldman Sachs, and Warren Buffett?

Billionaires Warren Buffett, Stanley Druckenmiller, and David Tepper have all sold off massive U.S. stock positions. Billionaire Ray Dalio, who runs one of the world's most successful hedge funds, says, "Things are going to get worse for our economy." What are these billionaires so worried about?

What's Going On With Currenc Group Shares Wednesday?

Dylan Berman
January 08, 2025

Currenc Group Inc. (NASDAQ:CURR) shares are trading higher on Wednesday after the company announced the launch of its SEAMLESS Artificial Intelligence (AI) Call Center.

The Details: The AI call center is designed to increase efficiency for financial institutions, telecommunications companies, government agencies, cryptocurrency exchanges and other types of institutions by providing them with three distinct software products.

Currenc introduced two products, “Text AI” and “Voice AI”, which both answer customers’ questions over text and voice respectively. “Text AI” can also provided personalized follow ups.

Next, “Avatar AI” brings a human element to handling questions and managing tasks through 2D or 3D avatars that mimic real-life interactions. All of these tools are available in over 10 languages and can be integrated into mobile applications.

“The debut of these new AI tools represents a major milestone in CURRENC’s mission to transform global financial services with AI-assisted solutions,” said Alex Kong, Founder and Executive Chairman of CURRENC.

The company will also focus on developing AI-driven hardware infrastructure, including AI Data Centers and AI-as-a-Service, to provide customized solutions for financial institutions and corporations globally.

Currenc stock is trading on higher-than-normal volume at 195.43 million shares. The company’s average session volume over the past 100 days is 476.28 thousand shares, per data from Benzinga Pro.

See Also: eBay Stock Surges After Meta Launches Integration Test For Facebook Marketplace

CURR Price Action: At the time of publication, Currenc stock is trading 297.8% higher at $5.48, according to data from Benzinga Pro.

Image: via Shutterstock

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