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Duos Technologies says AI to become increasingly important in railroads, triples 1Q earnings

Duos Technologies Group Inc (OTCQB:DUOT) CFO Adrian Goldfarb says the technology company saw revenue more than triple in the first quarter of 2019.

The Florida-based company recently hosted its two-day 2019 Rail Solutions Summit in Ponte Vedra Beach, where Senior VP of Solutions & Innovations Scott Carns says Duos introduced a few of its new artificial intelligence products. Carns also says he expects railroads to be operating with AI of some sort in five to 10 years.

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