IT - Technology

Guidewire to buy UK insurance AI firm hyperexponential in deal worth up to $2.1 billion

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Insurance software maker Guidewire said on Tuesday it would ​buy hyperexponential for $1.7 billion in ‌cash and up to $400 million more if revenue targets are met, to ​expand into AI tools that ​help insurers assess price and ⁠risk.

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