Top 11 Trending AI News And Wall Street Ratings

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8. Jet.AI Inc. (NASDAQ:JTAI)

Number of Hedge Fund Holders: 1

Jet.AI Inc. (NASDAQ:JTAI) is a private jet charter AI firm that uses natural language processing and advanced fleet logistics optimization services to streamline workflows for aviation operators and experiences for customers. Its software segment features the B2C CharterGPT and the Ava agentic booking AI powered by machine learning to enhance the private jet booking experience. Meanwhile, the Jet.AI operator platform is a software suite that helps charter providers boost revenue and efficiency while reducing environmental impact. The company’s aviation unit offers jet card program management, on-fleet charter services, and carbon crediting solutions.

On February 14th, a provider of premium jet charter experiences, flyExclusive Inc. (NYSEAmerican:FLYX), announced entering an agreement to acquire the aviation business of Jet.AI Inc. (NASDAQ:JTAI) that will help the latter improve its focus on becoming a pure-play AI solutions firm. The deal will occur after Jet.AI’s spin of the business into a new firm called “SpinCo”, which would then be purchased by flyExclusive. As part of the acquisition, Jet.AI (NASDAQ:JTAI) shareholders will retain their Jet.AI stock and receive new Class A common shares in flyExclusive (NYSEAmerican:FLYX).

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