ShiftPixy's Big AI Move: Supercharges Workforce Management With $150M TurboScale Deal [Yahoo! Finance]
ShiftPixy, Inc. (PIXY)
Last shiftpixy, inc. earnings: 1/21 04:21 pm
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US:NASDAQ Investor Relations:
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Source: Yahoo! Finance
TurboScale is an AI technology company focused on scalable GPU cloud infrastructure and the deployment of AI models. This acquisition will allow ShiftPixy to introduce enhanced AI-powered features, such as real-time predictive analytics and machine learning-driven automation, to streamline workforce management. ShiftPixy has structured the $150 million deal to include $75 million in stock and $75 million in debt. This acquisition highlights ShiftPixy's focus on artificial intelligence and strengthens its platform capabilities by integrating TurboScale's advanced AI solutions. “We are excited to welcome TurboScale into the ShiftPixy ecosystem. Their groundbreaking AI infrastructure will amplify our capabilities and unlock new possibilities for our clients,” said Scott Absher, CEO of ShiftPixy. The company expressed that, together, they are poised to deliver advanced workforce management tools and innovative, AI-driven solutions for businesses aiming to scale. ShiftPixy ant
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News
- ShiftPixy jumps 25% on TurboScale acquisition for $150M [Seeking Alpha]Seeking Alpha
- ShiftPixy, Inc. Announces Signed LOI to Acquire TurboScale [Yahoo! Finance]Yahoo! Finance
- ShiftPixy, Inc. Announces Signed LOI to Acquire TurboScaleBusiness Wire
- ShiftPixy acquires TurboScale in $150M deal [Seeking Alpha]Seeking Alpha
- ShiftPixy, Inc. Announces Acquisition of TurboScaleBusiness Wire
PIXY
Sec Filings
- 10/28/24 - Form 8-K
- 10/22/24 - Form 8-K
- 10/18/24 - Form 8-K
- PIXY's page on the SEC website