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Cloudbench and Arhasi have announced a mutual investment in each other, deepening their AI partnershipTampa, FL, May 07, 2024 (GLOBE NEWSWIRE) -- Cloudbench and Arhasi today announced a mutual investment in each other which will enable the pair to build and deploy new artificial intelligence (AI) applications across their operations faster, more effectively, and at scale. This collaboration leverages the combined expertise of Cloudbench and Arhasi in AI, machine learning, data services, cloud engineering, application development, and Web3, offering customers comprehensive solutions to accelerate the adoption of AI services and decentralized technologies. The decision to strengthen the partnership underscores the joint commitment to provide enhanced services to clients implementing AI initiatives, coinciding with a surge in demand for AI services. This spike in client interest follows the launch of a joint go-to-market strategy targeting the mid-market segment. "It's been an extraordinary beginning to the year for Cloudbench, marked by launching ourselves as a top AI and Web3-focused Google partner and establishing a deeper strategic partnership with Arhasi through our mutual investment”, said Tom Richer, Founder of Cloudbench. "Since its launch, Cloudbench has focused on emerging technology, assisting startups and midmarket clients across diverse sectors in unlocking the full potential of AI. With our partners Google and Arhasi, we're poised to assist startups and midmarket enterprises in navigating the intricate landscapes of technology and data, thereby enabling them to innovate more effectively. We are fully committed to supporting AI and Web3 engineering, product development, and AI-driven digital transformation initiatives." As a result of the strategic partnership, Cloudbench’s startup and mid-market clients will now leverage Arhasi’s R.A.P.I.D. industry leading AI platform and tooling that delivers AI integrity assurance, security controls and model performance metrics. "Feeling absolutely thrilled about the skyrocketing demand for cutting-edge AI solutions in the business arena, I'm excited to announce the fortification of our strategic alliance between Arhasi and Cloudbench," exclaimed Chiru Bhavansikar, Chief AI Officer at Arhasi. "With Arhasi's groundbreaking R.A.P.I.D. platform and tools, coupled with our collaborative AI & Data Innovation Foundry, we're poised to revolutionize the landscape for startups and midmarket enterprises, empowering them with expedited, value-driven AI solutions. Our arsenal of AI playbooks, compliance compendiums, and deep industry-specific data insights positions us as the go-to choice for a comprehensive AI ecosystem tailored to meet every business need. We're truly embracing the ethos of an AI-first company." The pair have also recently received private equity backing from Alpha Transform Holdings (“ATH”) which has greatly accelerated their joint growth plans. “It's exciting to witness the enhanced collaboration between two companies within the ATH portfolio. Their mutual investment in each other promises increased efficiencies and amplified outcomes,” added Enzo Villani, CEO of Alpha Transform Holdings. “The evolving landscape of technology has brought forth a transformative convergence between AI and Web3, ushering in a decentralized future. The intersection of AI and Web3 presents a dynamic landscape filled with opportunities and challenges. Looking ahead, the future holds the promise of AI-driven Web3 realities. Innovations in decentralized data marketplaces, AI-enhanced smart contracts, and ethical AI practices will shape a digital ecosystem that prioritizes efficiency, transparency, and responsible development. Cloudbench and Arhasi are well poised to spearhead this future, actively shaping and enabling its evolution.” About Cloudbench About Arhasi About Alpha Transform Holdings DISCLAIMER This is for informational use only. This is not investment advice. Other than disclosures relating to Alpha Transform Holdings (ATH) and Alpha Sigma Capital (ASC) this information is based on current public information that we consider reliable, but we do not represent it as accurate or complete, and it should not be relied on as such. The information, opinions, estimates, and forecasts contained herein are as of the date hereof and are subject to change without prior notification. We seek to update our information as appropriate. SANDRA DITORE SVP Alpha Transform Holdings info (at) alphasigma.fund |