First AI developer to debut on NZX

Evan Christian (pictured) and Katherine Allsopp-Smith will receive 1.8 billion shares at 25c a share in Being AI. (Image: NZME)

Denise McNabb

Mon, 11 Dec 2023

Emerging artificial intelligence group Being AI is set to become the first artificial intelligence (AI) developer to list on the New Zealand stock exchange.Earlier, it told the market it was still looking for a business opportunity for a reverse takeover (RTO) by Ascension Capital (Ace), and the latter told the NZX the artificial intelligence (AI) enterprise cemented the company’s future direction.Ace director Sean Joyce said there had been some talks with the AI parties when the company announced its half-year result on Nov 28, but it wa...

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