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Deloitte Canada has acquired Groundswell Group, a Calgary-based artificial intelligence (AI) and data integration firm. Following the deal, Groundswell’s 133-person team will join Deloitte’s Canadian consulting practice, under Omnia AI. Groundswell will also continue to serve clients in Western Canada. Deloitte Canada declined to disclose the financial terms of the acquisition to BetaKit. Groundswell marks Deloitte Canada’s second acquisition of 2021, with its first being TWG. Founded in 2001, Groundswell delivers a variety of services to help its clients capitalize on the value of data...

Code for AI becomes public as part of startup license structured by The Working Group February 08, 2021 21:26 ET | Source: The Working Group The Working Group New York, New York, UNITED STATES NEW YORK, Feb. 08, 2021 (GLOBE NEWSWIRE) -- On January 1, 2021, Port. Prerogative Club, a Delaware Corporation (“Port.”), acquired the license of technology developed by Blackbird Logical Applications, LLC (“Blackbird.io”). The license includes a royalty and a cash payment of up to $50 million in the event Port. chooses to purchase the technology. Th...