UiPath is looking for a path to growth in agentic AI with its Peak.ai acquisition

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A rush of agentic AI solutions is hitting the enterprise market, and now one of the bigger players in automation has scooped up a startup in the space in hopes of taking a bigger piece of that business. UiPath, as part of its quarterly earnings last night, announced that it acquired Peak.ai, a startup out of Manchester that builds “decision-making” AI solutions for functions like pricing and inventory management for companies in retail and manufacturing.



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UiPath is looking for a path to growth in agentic AI with its Peak.ai acquisition


A rush of agentic AI solutions is hitting the enterprise market, and now one of the bigger players in automation has scooped up a startup in the space in hopes of taking a bigger piece of that business. UiPath, as part of its quarterly earnings last night, announced that it acquired Peak.ai, a startup out of Manchester that builds “decision-making” AI solutions for functions like pricing and inventory management for companies in retail and manufacturing.



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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