Quantexa Investing $155 Million in AI Solutions

Quantexa, a decision intelligence platform, is investing 141 million euros ($155 million) in AI solutions over the next three years. The company is introducing a generative AI tool, Q Assist, to help customers use AI in decision information to protect and grow their organizations.

Q Assist Tool for Multiple Business Sectors

Q Assist is an agnostic AI tool that can interoperate with different LLM models, such as ChatGPT. This agnostic approach allows the tool to have wider uses and more applicability, making it suitable for multiple business sectors, including insurance, healthcare, telecom, and the public sector.

AI-Based Fraud Detection Tooling

Quantexa supplies its existing AI-based fraud detection tooling to help scan company data that may indicate fraud, money laundering or other criminal activity. Q Assist provides an agnostic functionality that allows analysts to interrogate the Quantexa platforms and especially large volumes of data with search queries, improving entity resolution, graph analytics and rankings. This should bring more efficiency so that virtually every analyst can provide valuable research.