newsfilter
← Latest News
GlobeNewswire·

Aether Holdings Forms Joint Venture with OORT to Build a Foundational Data Infrastructure for Financial AI

  • Aether Holdings, Inc. (NASDAQ: ATHR) formed a joint venture named Aether DataHub, LLC with OORTech Inc. (OORT).
  • The partnership aims to build a financial AI data labeling & dataset curation platform to address the scarcity of high-quality, domain-specific financial data.
  • The platform utilizes OORT's decentralized DataHub infrastructure for end-to-end data lifecycle management including collection, labeling, validation, & enrichment.
  • Aether leverages its 400,000+ subscriber base & financial media ecosystem while OORT contributes its global contributor network for community-powered intelligence.
  • Aether holds majority governance rights over strategic direction & will lead commercialization & market development.
  • The venture will produce institutional-grade datasets for Aether's internal AI roadmap & offer scalable data services to enterprise clients.
  • Dr. Chong (Max) Li, CEO of OORT, stated the joint venture creates a living financial data layer to serve as the backbone of the global financial market's data value chain.
  • Nicolas Lin, CEO of Aether, emphasized the strategy positions the company to own a critical layer of financial AI infrastructure & build a proprietary data asset base.
  • Forward-looking statements in the release include risks related to platform launch timelines, commercial adoption, IP option outcomes, & market competition.