MDJM LTD ( UOKA ) shares are trading higher on Friday after the company introduced ChatGPT Team by OpenAI into its operations.

This collaborative AI solution provides access to advanced models like GPT-4 and DALL•E 3 and tools such as Advanced Data Analysis. Additionally, it provides administration tools for team management.

MDJM ( UOKA ) plans to use the AI solution for product development, consumer engagement, brand influence enhancement, and cultural IP creation. 

The company aims to strengthen its efforts in combining historical heritage with modern applications to drive cultural business growth and innovation.

MDJM ( UOKA ) plans to leverage ChatGPT Team to enhance product design, streamline workflows, and improve content generation and storytelling. 

Also Read: Gold Rush 2.0? Here’s How To Play The New Bull Market

The AI will support MDJM ( UOKA ) in refining products to meet consumer demand while aligning with the company's cultural mission. 

It will also aid in historical and cultural research for the company's castle and garden restoration projects, ensuring authenticity and architectural preservation. 

Additionally, ChatGPT Team will bolster marketing and branding efforts, helping MDJM ( UOKA ) communicate the cultural significance of its properties and expand its reach. 

Siping Xu, chairman and chief executive officer of MDJM said, “We believe that the integration of OpenAI’s ChatGPT Team is a step toward greater efficiency and deeper cultural engagement.”

Price Action: UOKA shares are up 5.8% at $0.18 at the last check Friday.

Read Next: 

Rivian Drops 5.2% In Premarket Trading After Disappointing Vehicle Delivery Outlook