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Guidewire to Acquire UK Insurance AI Firm hyperexponential for Up to $2.1 Billion

Guidewire has agreed to acquire hyperexponential, a United Kingdom-based insurance artificial intelligence company, in a deal worth up to $2.1 billion.

The acquisition is intended to combine Guidewire’s insurance technology platform with hyperexponential’s AI capabilities. Further details about the transaction’s structure, financing, and planned integration were not included in the available announcement.

Sources

Google News: Artificial Intelligence

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