FirstWave Cloud Technology (ASX:FCT) said it is introducing the model context protocol technology, which will allow artificial intelligence tools to tap into its real-time data sets, according to a Wednesday Australian bourse filing.
It added that clients will gain new ability to interrogate their network and systems instantly.
The firm plans to involve AI in proprietary algorithms that continuously make its network and compliance systems smarter, and it takes an open data approach to allow organizations to interrogate their operational data using the AI tools.
It is building simpler, smarter upgrade paths to help clients to explore and implement the firm's advanced commercial features.
Its shares fell 5% on market close.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.