Entrepreneur News Network

EXL to Acquire iMerit in $310 Million Deal

EXL to acquire iMerit Technology

Artificial intelligence is rapidly moving from experimentation to enterprise-wide deployment, and organizations are increasingly seeking partners capable of building trustworthy, domain-specific AI solutions. In one of the biggest AI-focused acquisitions of the year, EXL (NASDAQ: EXLS) has announced a definitive agreement to acquire AI model training and reinforcement learning specialist iMerit in a transaction valued … Read more

iMerit named Rajsekhar Aika as Chief Technology & Product Officer

iMerit, a leading AI data solutions company, today announced the appointment of Rajsekhar Aikat as its new Chief Technology & Product Officer. Rajsekhar joins iMerit from Qualcomm, where he was Senior Director of Product Management. “We’re excited to welcome Raj as we continue to develop proprietary technologies and solutions to meet the AI development and deployment needs … Read more