80 Reliance Strategic Business Ventures Ltd (RSBVL), a wholly-owned subsidiary of Reliance Industries Ltd (RIL) has acquired a 23.3 percent stake in Exyn Technologies Inc for $25 million. RSBVL and Exyn have also entered into a strategic partnership agreement for technology collaboration and commercialisation of Exyn’s technology. Exyn is an early-stage technology company, incorporated in Delaware in 2014, with headquarters in Philadelphia, Pennsylvania, United States of America. Exyn Technologies is pioneering multi-platform robotic autonomy for complex, GPS-denied environments. You Might Be Interested In World’s first AI-powered ‘lawyer’ to defend human in court Hong Kong and China interest in AI and regtech ‘palpable’ despite soft fintech funding: report Microsoft’s Massive Move: In Discussion on $10 Billion Investment in GPT-3 AI and Machine Learning Reshaping Financial Inclusion: The Yabx and Zed-Fin Loans Revolution FTX Founder Sam Bankman-Fried Appears for Jury Selection Ford Revamps Electric Vehicle Strategy Amidst Strong Competition in China
