David’s Bridal plans to spin off AI platform Pearl into publicly traded company
Summary
Retailer David's Bridal intends to separate its artificial intelligence platform, Pearl, into an independent publicly traded company. The bridal firm revealed the upcoming spinoff plans exclusively to a major news network.
David's Bridal told CNBC exclusively that it's planning to spin off its AI platform, Pearl, into a stand-alone publicly traded company.
Source: Read the full story at US Top News and Analysis
Disclaimer: This content is for informational and educational purposes only and is not financial, investment or trading advice. Tech & Money Press is not a registered investment adviser or broker-dealer. Trading stocks, options and crypto involves substantial risk, including the loss of your entire investment. Do your own research and consult a licensed professional before making any financial decision. The authors may hold positions in the securities mentioned. News summaries are written with AI assistance from the original publisher's report and may contain errors; always check the original source. Full disclaimer.