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Robo.ai to acquire Neurovia in $100m deal for AI data growth
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Tech MonitorRobo.ai to acquire Neurovia in $100m deal for AI data growth
UAE-based technology company Robo.ai has agreed to acquire Neurovia AI, a company specialising in data processing and compression, in a deal valued at $100m. The acquisition, which remains subject to customary closing conditions, will see Robo.ai purchase all of Neurovia’s equity through an all-stock transaction. This move is intended to strengthen Robo.ai’s efforts to build foundational infrastructure for the machine economy, particularly as th…
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