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Temasek-Founded Aicadium Acquires Singapore Ai Firm Basisai

PRIVATEAug 31, 2021

Acquiring Company

Aicadium

Acquired Company

Aicadium

SoftwareData And AnalyticsScience And EngineeringArtificial IntelligenceSoftwareData And AnalyticsScience And EngineeringArtificial Intelligence

Description

Aicadium, a global technology company founded by Temasek and dedicated to creating and scaling AI solutions, today announced the acquisition of BasisAI, a Singapore-based provider of scalable and responsible artificial intelligence (AI) software. The two organisations will be jointly known as Aicadium and will expand operations to serve a global enterprise customer base.

Quick answer

Aicadium is acquiring Aicadium, announced August 31, 2021.

How much did Aicadium pay for Aicadium?
The deal value was not disclosed.

Source: Fundz verified event record.

Other recent acquisitions in Data And Analytics and Science And Engineering

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Company Information

Company

Aicadium

About

Aicadium is a global technology company dedicated to creating and scaling AI solutions by leveraging deep expertise and a common machine learning platform. As Temasek's global centre of excellence in Artificial Intelligence, we partner with companies to build and operationalize impactful AI solutions across a wide variety of industries and use cases. Our team includes expert data scientists, software engineers, and AI business leaders in Singapore and San Diego, CA. As a team, we place the highest priority on the responsible adoption, development, and delivery of AI technologies and solutions, with the goal of delivering improved business outcomes that usher in a more resilient and inclusive world. For more information, visit the company website: https://aicadium.ai/ SOURCE BasisAI; Aicadium

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Frequently asked

Who acquired Aicadium?

Aicadium was acquired by Aicadium. The deal was reported on August 31, 2021. Aicadium is a global technology company dedicated to creating and scaling AI solutions by leveraging deep expertise and a common machine learning platform. Aicadium is privately held and operates in Software.

When did Aicadium acquire Aicadium?

Aicadium's acquisition of Aicadium was reported on August 31, 2021. Aicadium, a global technology company founded by Temasek and dedicated to creating and scaling AI solutions, today announced the acquisition of BasisAI, a Singapore-based provider of scalable and responsible artificial intelligence (AI) software. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Aicadium do?

Aicadium is a global technology company dedicated to creating and scaling AI solutions by leveraging deep expertise and a common machine learning platform. It is privately held, operating in Software.

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