NetDragon Websoft put AI in the CEO position and its stock soared

NetDragon Websoft put AI in the CEO position and its stock soared

Net Dragon Web Softa Chinese video game company, has CEO Really special: aartificial intelligence. This solution, which will seem at least strange to many, has caused its shares to grow exponentially in recent months.

The company managed to outperform the Hang Seng Index, which tracks the largest listed companies in the world Hong Kong. Its stock is up 10% in the stock market over the past six months, as Business Insider noted.

NetDragon Websoft Stock Growth Chart with Virtual CEO

NetDragon Websoft will appoint its first virtual CEO in August 2022, as a move aimed at taking him into the metaverse. The CEO has been called Tang Yu It was mainly used to improve some processes and collect data to expand its algorithms, in order to create an open, interactive and transparent management model, as stated by the company’s managers. The ultimate goal is to become a working community based on the metaverse, which is expected to attract talent from around the world and allow the company to achieve ever more ambitious goals.

Founded in 1999, NetDragon Websoft is a company that develops and manages products for various industries, including video games. In addition to developing its own titles, it also licenses intellectual property to Disney, Electronic Arts, and other Western companies. Among his titles are Conquer Online, Eudemons Online, and Disney Fantasy Online and Dragon School. Also owned by 91 Wireless, China’s largest third-party app store, which was later sold to Baidu for $1.9 billion.

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