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Stock impact report

Duos Granted AI Patent [Yahoo! Finance]

Duos Technologies Group, Inc. (DUOT) 
NASDAQ:AMEX Investor Relations: ir.duostechnologies.com
Company Research Source: Yahoo! Finance
Duos Granted AI Patent JACKSONVILLE, Fla., Feb. 07, 2024 (GLOBE NEWSWIRE) -- Duos Technologies Group, Inc. (“Duos” or the “Company”) (Nasdaq: DUOT) through its operating subsidiary Duos Technologies, Inc. a provider of Machine Vision and Artificial Intelligence (“AI”) to analyze fast moving freight, passenger and transit trains and trucks, today announces the award of a groundbreaking patent, "Use of Artificial Intelligence to Detect Defects in Trains and Method to Use". This innovative AI patent reinforces Duos' strong commitment to improving rail safety through technology. Utilizing the Duos proprietary AI process significantly enhances the effectiveness of mechanical railcar inspections to aid in derailment prevention, further improving safety, and streamlining operations. “The timely delivery of actionable intelligence is a key objective of Duos inspection technology,” said Jeff Necciai, CTO of Duos. “This patent covers technology that seamlessly integrates supervised Machine Show less Read more
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