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[SITUATION] · [QUIET] · [BUSINESS]

2 clusters · 2 sources · 25 days · First seen · Last updated

TIVIT artificial intelligence and expansion strategy

Overview

TIVIT, a technology multinational controlled by the Almaviva group, announced a R$ 1 billion investment program focused on acquisitions across Latin America. The strategy targets software and hardware developers in sectors including government, financial markets, transportation, manufacturing, health, and utilities, with a specific focus on artificial intelligence and cybersecurity. To support these initiatives, the company appointed Patrick Baudon as Chief Artificial Intelligence Officer.

Following this announcement, TIVIT integrated the technologies and platforms of Almawave Labs to strengthen its artificial intelligence capabilities in Latin America. This integration incorporates the Velvet family of generative models and the AIWave platform, which is used for developing and orchestrating AI applications and services.

Entities

TIVIT · Pablo Prieto · Valeria Sandei · TOTVS · Almaviva Group

Timeline

  1. [TECHNOLOGY] 2 sources
    TIVIT integrates Almawave Labs technologies to expand AI capabilities

    TIVIT is integrating Almawave Labs' R&D capabilities and generative AI models to bolster its digital and AI offerings in Latin America.

  2. [BUSINESS] 3 sources
    TIVIT announces R$ 1 billion M&A plan and new AI leadership

    TIVIT announces a R$ 1 billion M&A program in Latin America and appoints a Chief AI Officer, while Totvs completes the R$ 39 million sale of its stake in RJ Participações.

Sources

channelpartner.es · ebizlatam.com