Emerging AI company Being AI is set to become the first artificial intelligence-based business to appear on the NZX.

Listed investors Ascension Capital have today entered into a conditional agreement to acquire several businesses, with a vote set for March.

Co-founder David McDonald says the venture aims to help other companies make sense of the AI space.

"We've got three branches, if you will. There's AI consulting, the AI ventures arm for the investments and then Being labs, which is the incubator."

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