Nightfood Holdings Forms AI-Focused Culinary Venture with Los Angeles Cooking School
TL;DR
Nightfood Holdings secures a 51% stake in Modern Culinary Systems Inc., offering investors a unique opportunity to capitalize on the first AI-integrated culinary school targeting a $32.5 billion market.
Nightfood Holdings' subsidiary FHVH will invest up to $150,000 over 18 months to integrate AI into the curriculum of Los Angeles Cooking School, aiming to revolutionize culinary education.
The partnership between Nightfood Holdings and Los Angeles Cooking School introduces AI into culinary education, promising to enhance learning and prepare students for future kitchen technologies.
Nightfood Holdings is pioneering the future of culinary education by merging AI with traditional cooking techniques, setting a new standard for culinary schools nationwide.
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Nightfood Holdings (OTCQB: NGTF), through its subsidiary Future Hospitality Ventures Holdings Inc. (FHVH), has entered into a binding letter of intent with Stratford Education Group, doing business as Los Angeles Cooking School, to establish Modern Culinary Systems Inc. This strategic partnership positions FHVH with a 51% controlling stake in the new venture, committing up to $150,000 in investment capital over an 18-month period to drive artificial intelligence automation and operational growth initiatives.
The collaboration represents a significant milestone in culinary education, as Modern Culinary Systems Inc. aims to become the first culinary school in the United States to fully integrate artificial intelligence into its educational curriculum and operational framework. This innovative approach targets the substantial $32.5 billion culinary education and services market, leveraging Nightfood Holdings' expertise in AI-enabled technologies to transform traditional culinary training methodologies.
Under the agreement, FHVH will assume operational oversight of the newly formed entity while securing exclusive rights to acquire 100% ownership of both Stratford Education Group and Los Angeles Cooking School within a 24-month timeframe. The acquisition terms include a favorable 30% discount valuation, providing Nightfood Holdings with substantial upside potential as the venture scales. For comprehensive details regarding this strategic partnership, investors can review the complete announcement available at https://ibn.fm/eloYF.
This venture aligns with Nightfood Holdings' broader corporate strategy of identifying and capitalizing on explosive market trends within the hospitality, food services, and educational technology sectors. The company maintains additional investor resources and updates through its dedicated newsroom accessible at http://ibn.fm/NGTF, providing stakeholders with ongoing transparency regarding corporate developments and strategic initiatives.
The integration of artificial intelligence into culinary education represents a transformative shift in how culinary professionals are trained, potentially revolutionizing kitchen operations, recipe development, food safety protocols, and operational efficiencies across the hospitality industry. This partnership demonstrates how traditional educational institutions can leverage emerging technologies to maintain competitive relevance while addressing evolving industry demands for technologically proficient culinary professionals.
Curated from InvestorBrandNetwork (IBN)
