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Friday, March 29, 2024

Amity Solutions mulls IPO for funding

Mr Korawad, second from left, says Amity Solutions will focus on delivering services that are powered by GPT AI.

Amity, a local tech startup specialising in social features for applications, is considering listing its new subsidiary Amity Solutions in Thailand or Singapore next year to mobilise funds as it seeks to become a leading generative pre-trained transformer (GPT) platform in Southeast Asia.

Korawad Chearavanont, Amity’s founder and chief executive, said Amity Solutions will focus on delivering services through products and solutions that are powered by GPT artificial intelligence (AI).

“The company is well positioned to ride the GPT technology wave,” he said.

Funds raised through an initial public offering (IPO) in the…

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