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Page 8 - Fractal News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Fractal expands cloud AI offerings with the acquisition of Neal Analytics

Fractal expands cloud AI offerings with the acquisition of Neal Analytics

AI firm, Fractal, is the second unicorn of 2022

The investment of $360 million (Rs 2,700 crore) will happen through TPG Capital Asia, the firm's Asia-focused private equity platform, in a transaction that includes a combination of primary investment and secondary share purchase from funds advised by Apax, who will remain a major shareholder following the transaction.

TPG invests $360 million in AI tech startup Fractal

Artificial intelligence technology startup Fractal said on Wednesday it has received a $360 million investment from private equity firm TPG through its Asia focused investment platform. . | January 5, 2022

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