MDJM LTD (the “Company” or “MDJM”), an integrated global culture-driven asset management company, announced the introduction of ChatGPT Team by OpenAI, a collaborative artificial intelligence (“AI”) solution, into its operations. ChatGPT Team offers access to advanced models such as GPT‑4 and DALL•E 3 and tools such as Advanced Data Analysis on the OpenAI platform. It additionally includes administration tools for team management. MDJM expects to utilize the AI solution in product development, consumer engagement, brand influence enhancement, and cultural IP creation, in order to reinforce its efforts in blending historical heritage with modern applications to foster cultural business growth and innovation.
MDJM is dedicated to developing a unique cultural IP that integrates British castles and Eastern gardens, to preserve them as assets reflecting historical and traditional cultural heritage. The Company specializes in crafting culturally immersive products and experiences that reflect classic virtues, reinforcing its vision of meaningful and value-driven cultural engagement.
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By integrating ChatGPT Team, MDJM seeks to leverage advanced data analysis and content generation capabilities to optimize product design, improve storytelling, and enhance workflow efficiency. The Company anticipates that AI-powered solutions will help refine product offerings to align with consumer demand and MDJM’s cultural mission. Additionally, MDJM intends to use ChatGPT Team to support its historical and cultural research for its castle and garden restoration projects to preserve authentic narratives and architectural integrity. ChatGPT Team is also expected to enhance MDJM’s marketing and branding initiatives, to strengthen the Company’s ability to effectively communicate the historical and cultural significance of its properties and products. By improving storytelling and audience engagement, MDJM aims to expand its market presence and extend the reach of its cultural initiatives. A study by Harvard Business School and Boston Consulting Group found that consultants using GPT-4 completed tasks 25.1% faster and produced over 40% higher-quality results compared to those without AI assistance.
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“As we continue to build and refine our business, we remain open to exploring tools and technologies that align with our long-term vision,” said Mr. Siping Xu, Chairman and Chief Executive Officer of MDJM. “We believe that the integration of OpenAI’s ChatGPT Team is a step toward greater efficiency and deeper cultural engagement. As we expand, we will continue leveraging innovation to strengthen our market position and create long-term value for our shareholders.”
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Source – PR Newswire
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