Light AI
OTCQB: OHCFF; CBOE CA: ALGO; FSE: 0HC
Light AI Inc.
OTCQB: OHCFF
Shedding Some Light | 06/03/2025 |
While there are no crystal balls in modern financial markets there are the words of those who know more, who share from the inside out the state of affairs inside a public company and speak to its future.
One would think the word “public” in the descriptor for traded company would compel such disclosures, more transmissions to the markets about what’s happening and bold dreams for the moments to come. Sadly, such missives are more rare than what we as watchers of the market would like to see making a recent press release from Light AI Inc. (OTCQB: OHCFF) (CBOE CA: ALGO) (FSE: 0HC) a global healthcare technology company focused on developing artificial intelligence health diagnostic and wellness solutions, a most welcomed offering.
But you see, this welcome news is made more interesting because, well, the Company is more interesting than most as it is positioned at the intersection of two rapidly expanding markets, Healthcare and Artificial Intelligence (AI).
Both industries are forecast to enjoy rapid expansion, Healthcare driven primarily be an aging population, and AI, well, because it seems as if it just might be used in nearly every industry in some form or fashion in the days and decades to come.
If you don’t believe this to be true, cut bait now and go look for that aforementioned crystal ball.
If you concur as we do then spend a couple paragraphs to find out a little more about Light AI and what it just told the market.
In a release just before Valentine’s Day, Light AI posted a business update that essentially takes us inside the boardroom, on the white board, and maybe, a just a little bit inside the CEO’s head.
It’s chock full of good news, the Company’s critical AI mature algorithm is exceeding expectations, so much so that the process integrating into professional and wellness vertical has been expedited.
For us, that sure sounds like it could be a path to potential revenue.
The Company also points to product validation efforts that suggest a mindfulness in their offering. French author Voltaire famously said, “With great power comes great responsibility,” which might well be the front bumper sticker for an AI industry that many view with dual quantums of enthusiasm and caution.
But quite notably, the report ends with an update on the Company’s efforts on the African continent.
A cut and paste is warranted:
The Company anticipates partnering with Tech Care For All (“TC4A”) to roll out the Company’s platform to the LMIC market, initially focusing on Africa. TC4A is a social impact company whose goal is to accelerate digital health in Africa and Asia to improve health outcomes in underserved communities. TC4A developed and operates a global medical learning platform targeting healthcare professionals in LMIC markets. This partnership will allow the Company platform to be introduced as a screening tool in markets that do not require the FDA approval, enabling the Company to seek a path to near-term revenue. The first phase of the project involves conducting a pilot go-to-market study to assess the clinical efficacy, clinical pathways, use cases, economics, reimbursement and subscription models and cloud infrastructure needs and deployment strategies in four initial countries – Kenya, Uganda, Nigeria and South Africa, with a plan to subsequently roll out the technology in such countries.
Assuming the successful conclusion of the second phase roll out, the Company’s intention would be to launch a diagnostic offering, through global distributions partners, based on the technology in these countries following receipt of required regulatory approvals.
The Company anticipates that smartphones will be supplied to practitioners by TC4A agents on behalf of the Company.
Following the completion of the market landscape analysis in Africa, the Company and TC4A are exploring a similar analysis for the Indian market, with the potential for TC4A to manage licensing and regulations on a country-by-country basis.
Timely detection of GAS at the point of care has the potential to generate material financial savings for healthcare payers. Implementing the Company’s smartphone-based tool for GAS in Africa and LMIC markets could yield a substantial dollar saving by reducing the need for in-clinic testing and minimizing the expensive treatment costs associated with untreated cases. Additionally, early intervention can prevent indirect costs related to productivity losses, estimated to be a significant economic strain on families, who often rely on income from daily work to meet essential needs.
First off, we love that the Company is looking to bring high tech health care innovation to a continent too often ignored by the most avant garde of technology. And we love the scale that Africa presents and that the release uses the phrase “across Africa” to describe the opportunity.
Updates about Light AI’s African efforts will be most welcomed.
All-in-all, the update is an impressive assemblage of good news for the Company and a reason to keep their news feed on the proverbial radar.
About The Emerging Markets Report:
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