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

Spear AI Secures Seed Funding to Advance Maritime AI Solutions and Expand Global Reach

Spear AI, a cutting-edge developer of maritime artificial intelligence solutions, has successfully closed its seed funding round with backing from Scare the Bear Capital and Cortical Ventures. The fresh capital will drive the expansion of its Horizon platform, development of next-gen maritime sensor technologies, and the scaling of expert-led AI and data infrastructure services. Spear … Read more