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Bloomberg: The "extremely fervent period" emerges as small companies flock to the AI boom

Bloomberg: The "extremely fervent period" emerges as small companies flock to the AI boom

BlockBeatsBlockBeats2026/05/08 11:54
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BlockBeats news, on May 8, according to Bloomberg, a small pharmaceutical company, which was even at risk of being delisted from the Nasdaq stock trading platform, celebrated a new cancer treatment patent and rapidly transformed into an AI company within just two months. This move, to some extent (though only briefly), helped save its stock price.


The company is named Qualigen Therapeutics, and has now been renamed to a certain exchange, trading under the stock code AIXC. After the renaming, its stock price more than doubled in late September.

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