MTS AI is considering holding an IPO on the Moscow Exchange. The procedure could take place in the first half of 2025. Until then, the company plans to look for teams for acquisitions and investing in Russia and the CIS. Also, MTS AI may search for and attract strategic investors. At the same time, the company plans to conclude three deals by the end of the year, the details of which are not disclosed.

The company mentioned the areas of its technological interests: biometrics, speech recognition and synthesis, industrial analytics, the use of artificial intelligence in medicine, content synthesis and analysis, AR/VR, edge computing.

At the moment, MTS AI is owned by MTS, but by the end of September Alexander Khanin and Ivan Laptev will receive a share of “10% or more” in the company after the completion of the acquisition of VisionLabs (face recognition systems developer).

Original in Russian