
Understanding the Market | NETDRAGON rose over 5% in the closing session, Mynd.ai acquired AI voice and remote control technology, expected to achieve EBITDA profitability next year

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NetDragon rose over 5% in the closing session, and as of the time of writing, it is up 4.86%, trading at HKD 11.87, with a transaction volume of HKD 49.6936 million. NetDragon announced that its subsidiary Mynd.ai has completed the acquisition of Merlyn Mind, Inc.'s AI voice and remote control technology, which is expected to enhance its competitiveness in the AI education technology sector. NetDragon plans to drive growth through "AI + Education" and "AI + Gaming," with Mynd.ai expected to achieve EBITDA profitability by 2026
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