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LONDON - Insig AI plc (AIM:LON:INSG), a company specializing in data science and machine learning solutions, has announced a strategic client acquisition with a prominent London-based asset manager overseeing more than £25 billion in assets. The new partnership includes a licensing agreement and an annual retainer, marking the first commercial deployment of Insig AI’s Generative Intelligence Engine (GIE).
Although the initial contract is not deemed material in terms of revenue, it opens opportunities for a more extensive collaboration, potentially leading to significant future work. The GIE product is designed to replicate an organization’s decision-making process on a larger scale, ensuring high-quality, consistent decisions across vast datasets.
Richard Bernstein, CEO of Insig AI, stated that this partnership is a testament to the company’s relevant offerings and the commercial potential of their new GIE product. Bernstein sees this as a pivotal moment for Insig AI, as it could lead to scalable revenues and substantial growth, positively impacting the company’s revenue streams in the current year and beyond.
The information provided in this article is based on a press release statement from Insig AI.
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