Friday, 10 May 2024

JBI Studios Acquires Cody AI’s Platform To Accelerate AI Capabilities For Enterprises, SMBs

KUALA LUMPUR, May 9 (Bernama) -- Just Build It (JBI), a visionary company focused on designing, building and renovating companies announced the strategic acquisition of advanced artificial intelligence (AI) platform, Cody AI into its marketing and sales product division, JBI Studios, forming new product offering ‘AI Suite’.

In a statement, the company said the acquisition and formation of ‘AI Suite’ established JBI as a trailblazer in sophisticated data warehousing and enterprise AI for financial services.

JBI Co-Founder and Managing Partner, John Wise said the creation of its AI Suite focused on bringing together three fundamentals, namely Enterprise, Data Warehousing, and Custom Application.

Meanwhile, Cody AI Founder and Chief Executive Officer, Oriol Zertuche said the company already had a proven track record in enabling enterprises and large institutions to utilise AI across millions of documents with a high level of precision, and JBI’s expertise in assembling training data will accelerate those opportunities.

JBI’s acquisition of Cody AI into JBI Studios positions them at the forefront of markets eager for innovation, with the adoption and integration of AI leading crucial conversations worldwide. Cody AI’s platform will leverage JBI's decades of data warehousing and data modelling expertise.

The AI Suite products enable large organisations to leverage AI effectively, merging public, private and client-specific data, while strictly adhering to data privacy and security obligations.

The JBI team understands and has successfully modelled the vast majority of many industry sectors and solved for complexities related to timeliness, scale, privacy, security and entitlements for many large global institutions.

Custom applications will be available to clients through AI Suite toolkits, and with JBI Studios AI Suite, Enterprises and small to medium-sized businesses (SMBs) alike can design and build unique solutions that allow them to leverage AI for insights and growth, while retaining full control of their data.

In addition, JBI also unveiled complementary partnerships with global marketing and communication agencies Cognito and Metia for distribution. This series of strategic moves marks JBI's first public announcement since its inception, signalling a major move to bring AI technology into the deep vertical of the financial sector.

This strategic partnership will support JBI Studios in conducting in-depth Data Studies and AI Studies, equipping clients with a structured approach to creating and executing their AI strategy.

-- BERNAMA


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