Powerbridge Technologies Co., Ltd. , a leading provider of multi-industry technology solutions, announced it has acquired 90% stake of Ascendent Insights Education Co., Ltd. (“AIedu”), an AI education service company. This move is part of Powerbridge’s strategy to expand its presence in the education industry and leverage AIedu’s expertise to further improve its offerings.

The acquisition of AIedu will enable Powerbridge Technologies to integrate ChatGPT into its existing education offerings, one of the key drivers of growth for the Company. ChatGPT is a game-changing product in early childhood education that provides personalized learning experience for students. The integration of ChatGPT into Powerbridge’s existing education offerings is expected to create substantial benefits for the Company, including expanded market opportunities, a larger user base, and increased revenue streams.

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“Joining forces with Powerbridge will help us to provide our AI-powered education services to a larger base of participant more students,” said Aaron Liu, CEO of AIedu. “We are excited to work with Powerbridge to integrate our innovative products and further develop cutting-edge solutions that meet the needs of pre-childhood education. Our team is excited to bring continued values to the company.”

Stewart Lor, CEO of Powerbridge Technologies, commented: “The acquisition of AIedu is an exciting step forward as the Company continues to innovate and bring cutting-edge technology services to the education industry. With our focus on personalized learning experiences for pre-school children, we are well-positioned to tap into this growing market and drive future growth for our shareholders.”

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