Benzinga | May 17, 2021 10:51AM EDT

ALFI Launches AI-Enabled Tablet In Miami Rideshares

* AI enterprise SaaS platform company ALFI Inc (NASDAQ: ALF) announced it has resumed rolling out the AI-enabled tablet launch in Miami Rideshares and ten other major cities in the U.S.

* The pandemic delayed the launch, leading to version 2.0 of its software that is ready for immediate release.

* Alfi has offered a month of free advertising to the local Miami businesses under the arrangement.

* The tablets offered revenue for the driver, enabled passengers to view content. The advertising customers benefitted from improved engagement and increased consumer interest in their product.

* Price action: ALF shares traded higher by 10.8% at $3.80 on the last check Monday.