Technology company Alpha Modus Holdings Inc. is expanding its retail technology portfolio through innovative AI solutions and strategic partnerships, with plans to generate $75 million in annual advertising revenue by deploying financial kiosks across the United States.
The company has partnered with CashXAI Inc. to launch AI-powered kiosks in supermarkets throughout California and Colorado. These kiosks, targeting the 5.6 million unbanked households in the U.S., will provide services including bill payments, cryptocurrency purchases, and money transfers. Each kiosk is projected to serve 1,250 unique visitors monthly, potentially reaching 150 million unique visits annually.
In addition to its expansion strategy, Alpha Modus is aggressively protecting its intellectual property. The company has filed a patent infringement lawsuit against Walgreens Boots Alliance Inc., alleging unauthorized use of its AI-driven retail technology. CEO William Alessi stated that potential damages could exceed $500 million and potentially reach billions over the patents' lifecycle.
The company's technology offers retailers unprecedented consumer insights, including real-time data on customer demographics and emotional responses at the point of sale. By integrating digital signage, smart inventory management, and AI-powered kiosks, Alpha Modus aims to revolutionize how brands understand and interact with consumers.
With a strategic focus on innovation and legal protection, Alpha Modus is positioning itself as a significant player in the evolving retail technology landscape. The company's recent NASDAQ listing and ongoing technological developments signal its commitment to transforming retail experiences through advanced AI solutions.
