Wednesday 28 November 2018

Companies partner deal for artificial intelligence marketplace

KUALA LUMPUR, Nov 28 (Bernama) -- Agorai -- a global platform providing inventory of turnkey software solutions -- partnered Neuramatix, a provider of artificial intelligence tools powered by a proprietary neural engine called NeuraBASE to joined Agorai AI marketplace.
Under the initiative, NeuraBASE will be available to participants of the Agorai AI marketplace including both end users and application developers, a statement said.
Agorai aims to empower its marketplace participants with the leading AI technology available to deliver instant, uncensored access to artificial intelligence tools to companies worldwide.
Chief Executive Officer of Agorai, Josh Sutton said: “Neuramatix has unique technology assets which can be used to build sophisticated AI solutions with real-world business benefits that are ready to deploy.
Neuramatix’s NeuraBASE implements a model based on an alternative theory of how the brain works. It enables machines to observe patterns in data and convey the information in the same way that the human brain learns, stores, retrieves and expresses information.
It also has a broad range of applications including high-throughput natural language processing and translation, bioinformatics analysis, robotic control systems, speech, semantic analysis and more.
Both companies have commenced efforts to negotiate a definitive acquisition agreement for substantially all of the Neuramatix’s AI-related assets and patents which will be executed prior to the launch of the Agorai marketplaces in early 2019. More details on www.agorai.ai.
-- BERNAMA

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