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MDJM Announces the Introduction of OpenAI's ChatGPT Team to Promote Cultural Business Development and Innovation - MDJM (NASDAQ:UOKA)
LETHAM, Scotland, Feb. 21, 2025 /PRNewswire/ -- MDJM LTD UOKA (the "Company" or "MDJM"), an integrated global culture-driven asset management company, today announced the introduction of ChatGPT Team by OpenAI, a collaborative artificial intelligence ("AI") solution, into its operations. ChatGPT Team offers access to advanced models such as GPT‑4 and DALL*E 3 and tools such as Advanced Data Analysis on the OpenAI platform. It additionally includes administration tools for team management. MDJM expects to utilize the AI solution in product development, consumer engagement, brand influence enhancement, and cultural IP creation, in order to reinforce its efforts in blending historical heritage with modern applications to foster cultural business growth and innovation. MDJM is dedicated to developing a unique cultural IP that integrates British castles and Eastern gardens, to preserve them as assets reflecting historical and traditional cultural heritage. The Company specializes in crafting culturally immersive products and experiences that reflect classic virtues, reinforcing its vision of meaningful and value-driven cultural engagement. By integrating ChatGPT Team, MDJM seeks to leverage advanced data analysis and content generation capabilities to optimize product design, improve storytelling, and enhance workflow efficiency. The Company anticipates that AI-powered solutions will help refine product offerings to align with consumer demand and MDJM's cultural mission. Additionally, MDJM intends to use ChatGPT Team to support its historical and cultural research for its castle and garden restoration projects to preserve authentic narratives and architectural integrity. ChatGPT Team is also expected to enhance MDJM's marketing and branding initiatives, to strengthen the Company's ability to effectively communicate the historical and cultural significance of its properties and products. By improving storytelling and audience engagement, MDJM aims to expand its market presence and extend the reach of its cultural initiatives. A study by Harvard Business School and Boston Consulting Group found that consultants using GPT-4 completed tasks 25.1% faster and produced over 40% higher-quality results compared to those without AI assistance (Source: Harvard Business School & BCG, "Navigating the Jagged Technological Frontier" (hbs.edu)). MDJM expects to see similar benefits in operational efficiency and content strategy following this integration. "As we continue to build and refine our business, we remain open to exploring tools and technologies that align with our long-term vision," said Mr. Siping Xu, Chairman and Chief Executive Officer of MDJM. "We believe that the integration of OpenAI's ChatGPT Team is a step toward greater efficiency and deeper cultural engagement. As we expand, we will continue leveraging innovation to strengthen our market position and create long-term value for our shareholders." About MDJM LTD MDJM LTD is a global culture-driven asset management company focused on transforming historical properties into cultural hubs that integrate modern digital technology with rich historical value. The Company has been expanding its operations in the UK, where it is developing projects such as Fernie Castle in Scotland and the Robin Hill Property in England. These properties are being remodeled into multi-functional cultural venues that will feature fine dining, hospitality services, art exhibitions, and cultural exchange events. As part of its broader strategy, MDJM seeks to position itself as a hub for artisan exchanges, art shows, and sales, leveraging its historical properties as platforms for promoting Eastern and Western cultural exchanges. This initiative reflects the Company's commitment to furthering its global market expansion and enhancing its cultural business footprint. For more information regarding the Company, please visit https://www.ir-uoka.com/. This announcement contains forward-looking statements. All statements other than statements of historical fact in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company's annual report on Form 20-F and its other filings with the U.S. Securities and Exchange Commission. Investor Contact: Sherry Zheng WAVECREST GROUP INC. Phone: +1 718-213-7386 View original content:https://www.prnewswire.com/news-releases/mdjm-announces-the-introduction-of-openais-chatgpt-team-to-promote-cultural-business-development-and-innovation-302382040.html SOURCE MDJM LTD UOKAMDJM Ltd$0.17524.41%OverviewMarket News and Data brought to you by Benzinga APIs
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MDJM Embraces AI: ChatGPT Team To Drive Cultural Business Growth - MDJM (NASDAQ:UOKA)
MDJM LTD UOKA shares are trading higher on Friday after the company introduced ChatGPT Team by OpenAI into its operations. This collaborative AI solution provides access to advanced models like GPT-4 and DALL*E 3 and tools such as Advanced Data Analysis. Additionally, it provides administration tools for team management. MDJM plans to use the AI solution for product development, consumer engagement, brand influence enhancement, and cultural IP creation. The company aims to strengthen its efforts in combining historical heritage with modern applications to drive cultural business growth and innovation. MDJM plans to leverage ChatGPT Team to enhance product design, streamline workflows, and improve content generation and storytelling. Also Read: Gold Rush 2.0? Here's How To Play The New Bull Market The AI will support MDJM in refining products to meet consumer demand while aligning with the company's cultural mission. It will also aid in historical and cultural research for the company's castle and garden restoration projects, ensuring authenticity and architectural preservation. Additionally, ChatGPT Team will bolster marketing and branding efforts, helping MDJM communicate the cultural significance of its properties and expand its reach. Siping Xu, chairman and chief executive officer of MDJM said, "We believe that the integration of OpenAI's ChatGPT Team is a step toward greater efficiency and deeper cultural engagement." Price Action: UOKA shares are up 5.8% at $0.18 at the last check Friday. Read Next: Rivian Drops 5.2% In Premarket Trading After Disappointing Vehicle Delivery Outlook Photo: Shutterstock UOKAMDJM Ltd$0.187411.7%Overview This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Market News and Data brought to you by Benzinga APIs
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MDJM Ltd, a global culture-driven asset management company, announces the integration of OpenAI's ChatGPT Team into its operations to enhance product development, consumer engagement, and cultural IP creation.
MDJM Ltd (NASDAQ: UOKA), a global culture-driven asset management company, has announced the integration of OpenAI's ChatGPT Team into its operations. This strategic move aims to leverage advanced AI capabilities to enhance the company's cultural business development and innovation efforts 1.
The ChatGPT Team solution provides MDJM access to cutting-edge AI models such as GPT-4 and DALL*E 3, along with advanced data analysis tools on the OpenAI platform. The company plans to utilize these AI capabilities across various aspects of its business, including:
MDJM expects this integration to significantly improve its ability to blend historical heritage with modern applications, furthering its mission of fostering cultural business growth 1.
MDJM anticipates substantial improvements in operational efficiency following the AI integration. This expectation is supported by a study from Harvard Business School and Boston Consulting Group, which found that consultants using GPT-4 completed tasks 25.1% faster and produced over 40% higher-quality results compared to those without AI assistance 1.
The company intends to leverage ChatGPT Team to support its historical and cultural research efforts, particularly for castle and garden restoration projects. This application aims to ensure the preservation of authentic narratives and architectural integrity in MDJM's cultural initiatives 1.
MDJM plans to use AI-powered solutions to refine its marketing and branding strategies. The goal is to improve storytelling and audience engagement, thereby expanding the company's market presence and extending the reach of its cultural initiatives 1.
MDJM specializes in transforming historical properties into cultural hubs that integrate modern digital technology with rich historical value. The company is currently expanding its operations in the UK, with projects including:
These properties are being remodeled into multi-functional cultural venues featuring fine dining, hospitality services, art exhibitions, and cultural exchange events 1.
Following the announcement, MDJM's shares (NASDAQ: UOKA) saw a positive market response, trading higher by 5.8% at $0.18 2. The company's leadership views this AI integration as a step towards greater efficiency and deeper cultural engagement.
Siping Xu, Chairman and CEO of MDJM, stated, "As we continue to build and refine our business, we remain open to exploring tools and technologies that align with our long-term vision. We believe that the integration of OpenAI's ChatGPT Team is a step toward greater efficiency and deeper cultural engagement" 1.
As MDJM continues to expand its operations and leverage innovative technologies, the company aims to strengthen its market position and create long-term value for shareholders while furthering its mission of meaningful and value-driven cultural engagement 1.
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