Scope AI, a Vancouver tech firm dedicated to advancing the field of artificial intelligence with a focus on visual recognition and neural network technology, has finalized its acquisition of QSE Technology from Ovryde Ltd., thereby fortifying its suite of quantum-resilient security solutions.
The $400,000 deal, plus 2.8 million shares, enhances Scope’s ability to protect digital assets against emerging threats. CEO James Young noted that the quantum cryptography market is projected to grow to $126 billion by 2033. This acquisition positions Scope AI at the forefront of digital security, Young believes, offering advanced encryption solutions to retail and institutional clients.
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