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Genai Announces Acquisition Of Speakgpt, An Ai-Powered Virtual Assistant

PRIVATEAug 15, 2023

Acquiring Company

PhysicsX

Acquired Company

Rapport

LondonUnited StatesSoftwareArtificial IntelligenceMachine LearningAerospaceInformation TechnologyBiotechnologyHealth CareTherapeutics

Description

Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) announces that it has entered into an asset purchase agreement (the "Purchase Agreement") to acquire certain intellectual property assets (the "Transaction").

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Company Information

Company

PhysicsX

Location

London, England, United Kingdom

About

PhysicsX is a deep-tech company of scientists and engineers, developing machine learning applications to massively accelerate physics simulations and enable a new frontier of optimization opportunities in physical design and engineering. Born out of numerical physics and battle-hardened in Formula One, we help our customers radically improve their concepts and designs, transform their engineering processes and drive operational product performance. We do this in some of the most advanced and important industries of our time – including Space, Aerospace, Medical Devices, Additive Manufacturing, Electric Vehicles, Motorsport, and Renewables. We work at the edge of advanced CAE, physics simulation and machine learning, to solve our customers’ most difficult design and control problems.

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Frequently asked

Who acquired Rapport?

Rapport was acquired by PhysicsX, based in London. The deal was reported on August 15, 2023. PhysicsX is privately held and operates in Software.

When did PhysicsX acquire Rapport?

PhysicsX's acquisition of Rapport was reported on August 15, 2023. Generative AI Solutions Corp. ("GenAI" or the "Company") (CSE: AICO) (OTCQB: AICOF) announces that it has entered into an asset purchase agreement (the "Purchase Agreement") to acquire certain intellectual property assets (the "Transaction"). Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does Rapport do?

It is privately held, operating in Information Technology, and is based in United States.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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