Major overhaul at BenevolentAI includes possible delisting

12 December 2024

AI-driven biotech BenevolentAI (Euronext: BAI) has announced sweeping changes aimed at refocusing its operations and extending its financial runway into 2027.

The changes include a potential delisting from Euronext Amsterdam, as well as workforce reductions and a shift toward modular AI technology offerings.

Leadership stated that a delisting would allow for reduced costs and greater operational flexibility, with the resources redirected toward advancing its AI tech.

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