iLearningEngines showcased its enterprise AI platform at the Data & AI Edge in Sydney, providing a demonstration of its proprietary LLM and LAM models that provide business insights to Doublu.ai and its clients.
BETHESDA, Md., May 28, 2024 (GLOBE NEWSWIRE) — iLearningEngines, Inc. (Nasdaq: AILE) (“iLearningEngines” or the “Company”), a leader in AI-powered learning and work automation, today announced a partnership with Doublu.ai, a provider of customized AI solutions to drive business transformation. Through this partnership, iLearningEngines will support Doublu.ai and its customers by delivering greater insights and efficiencies through iLearningEngines' Enterprise AI Platform.
Doublu.ai is on a mission to revolutionize industries and redefine what's possible through AI. Comprised of a team of passionate AI experts, the company creates technology solutions that help businesses across industries optimize operations, enhance decision-making, and unlock new growth opportunities. Combining innovation, expertise, and a commitment to excellence to create intelligent solutions, Doublu.ai's innovative AI solutions are customized to meet clients' unique needs and drive business success. iLearningEngines' Enterprise AI Platform is a perfect fit for Doublu.ai as it transforms enterprise content and information into meaningful intelligence and insights to drive mission-critical business outcomes at scale.
“We are excited to partner with iLearningEngines, a leader in AI-driven learning and work automation solutions. This collaboration will transform how we serve clients across industries such as financial services, retail and healthcare in Australia, providing greater insights and efficiencies,” said Arijit Sarkar, Managing Director at Doublu.ai. “Leveraging iLearningEngines' cutting-edge technology will drive value and innovation, helping our clients stay ahead in a highly competitive environment.”
iLearningEngines also recently participated in the annual event “Data & AI Edge” in Sydney. During the event, the iLearningEngines team showcased their latest innovations in AI-powered learning and work automation. Event attendees had the opportunity to interact with iLearningEngines team members and experience first-hand live demonstrations of iLearningEngines' flexible no-code AI canvas, applied AI platform, and iLearningEngines' AI engine, which is transforming industries with its scalable solutions for mission-critical use cases.
“The Data and AI Edge provided us with an incredible opportunity to position our applied AI platform at the forefront of the technology community, taking an in-depth look at our unique LLM and LAM models and learning how our integrated capabilities set a new benchmark in cognitive automation,” said Ratish Nair, VP of Sales and Business Development at iLearningEngines. “Our applied AI platform enables clients to rapidly productize and deploy a wide range of AI applications and use cases at scale, which we believe will truly set iLearningEngines apart in a complex and rapidly evolving market.”
Data & AI Edge brings together leading data and technology players from around the world to share unique insights from Chief Data Officers and learn from global leaders in technology and science. The event features cross-industry roundtables and networking with expert stakeholders to inspire new ways of thinking.
To learn more about iLearningEngines and to schedule a demonstration, visit www.ilearningengines.com.
about double
Doublu.ai drives business transformation with its expertise in leveraging artificial intelligence. The company specializes in creating customized AI solutions that help businesses across industries optimize operations, enhance decision-making, and unlock new growth opportunities. Focused on innovation and excellence, Doublu.ai is committed to empowering its clients with advanced AI technologies to achieve exceptional outcomes.
About iLearningEngines
iLearningEngines (Nasdaq: AILE) is the leading applied AI platform for learning and work automation. iLearningEngines enables enterprises to rapidly productize and deploy a wide range of AI applications and use cases (AI Engines) at scale.
Powered by proprietary vertical AI models and data, and a flexible, no-code AI canvas, iLearningEngines enables quick out-of-the-box deployment while providing low latency and high levels of data security and compliance.
iLearningEngines serves over 1,000 enterprise end customers, delivering mission-critical outcomes across the most demanding vertical markets, including healthcare, education, insurance, retail, energy, manufacturing and the public sector, globally.
Forward-Looking Statements
Certain statements in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995 with respect to the business combination. Forward-looking statements are generally accompanied by words such as “believe,” “may,” “will,” “estimate,” “continue,” “expect,” “intend,” “anticipate,” “should,” “would,” “plan,” “predict,” “potential,” “seem,” “seek,” “future,” “outlook,” or the negative of these words and similar expressions that predict or indicate future events or trends or that are not statements of historical fact. These forward-looking statements include, but are not limited to, statements regarding the adoption of iLearningEngines' enterprise AI platform, Doublu.ai's ability to deliver insights and efficiencies through iLearningEngines' enterprise AI platform, whether the collaboration between iLearningEngines and Doublu.ai will enable Doublu.ai to transform the way it serves its customers, whether iLearningEngines' AI platform will enable its customers to rapidly productize and deploy a wide range of AI applications and use cases at scale, and whether iLearningEngines will be able to address the market opportunity across artificial intelligence.These statements are based on various assumptions and the current expectations of iLearningEngines' management, whether or not specified in this press release, and are not intended to predict actual performance. These forward-looking statements are for illustrative purposes only and are not intended to serve as a guarantee, commitment, prediction or definitive statement of fact or probability, and investors should not rely on such statements. Actual events and circumstances are difficult or impossible to predict and may differ from the assumptions on which this press release is based. Many actual events and circumstances are beyond iLearningEngines' control.These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and international business, market, financial, political and legal conditions; iLearningEngines' failure to realize the expected benefits of its recently completed business combination with Arrowroot Acquisition Corp.; risks related to the development of iLearningEngines' business and the timing of expected business milestones; iLearningEngines' dependence on a limited number of customers and partners; whether iLearningEngines can raise sufficient funds to pay expenses incurred in connection with completing the business combination; iLearningEngines' ability to issue equity or equity-linked securities or obtain debt financing in the future; risks related to iLearningEngines' need for significant additional capital to implement its business plans (which it may not be able to raise or may not be able to raise on acceptable terms); whether iLearningEngines will be able to maintain the listing of its securities on Nasdaq or other national securities exchanges; and risks that the business combination will disrupt iLearningEngines' current plans and operations. The impact of competition on iLearningEngines' future business, iLearningEngines' ability to profitably grow and manage, maintain relationships with customers and suppliers and retain management and key employees, risks related to political and macroeconomic uncertainties, the outcome of any legal proceedings that may be instituted against iLearningEngines or its respective directors or officers, including litigation related to the business integration, the impact of the global COVID-19 pandemic on any of the foregoing risks, and other factors discussed under the heading “Risk Factors” in iLearningEngines' Registration Statement on Form S-4, as amended or supplemented, and other documents that iLearningEngines has filed or will file with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results may differ materially from the results implied by these forward-looking statements. There may be additional risks that iLearningEngines is not currently aware of or does not believe to be immaterial that could cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect iLearningEngines' expectations, plans or projections of future events and views as of the date of this communication. iLearningEngines expects that subsequent events and developments will cause iLearningEngines' assessments to change. However, while iLearningEngines may elect to update these forward-looking statements at some point in the future, iLearningEngines expressly disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing iLearningEngines' assessments subsequent to the date of this communication. Therefore, undue reliance should not be placed on forward-looking statements.
For iLearningEngines Investors:
iLearningEngines, [email protected]
Kevin Hunt, [email protected]
For iLearningEngines PR:
Dan Brennan, ICR Inc., [email protected]
