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fileAI expands in Japan with new backing from SMBC and Singtel Innov8

Enterprise AI has spent the past two years trying to escape the demo room. For banks, insurers, manufacturers and telecom operators, the hard part is not producing a clever chatbot, but getting artificial intelligence to work reliably inside old, messy and highly regulated systems. Singapore-based fileAI is building for that less glamorous, but more valuable, […] The post fileAI expands in Japan…

fileAI expands in Japan with new backing from SMBC and Singtel Innov8

fileAI, an enterprise AI company focused on helping large organizations digitize and manage unstructured data, has secured new backing from SMBC Asia Rising Fund and Singtel Innov8 for expansion in Japan. The investment aims to support fileAI's rollout of fileScout, a new product designed for mapping and using unstructured enterprise data, and strengthen the company's financial services capabilities.

For companies in sectors like banking, insurance, logistics, and healthcare, unstructured data often poses bottlenecks, making fileAI's core product, fileForge, particularly valuable. The new funding will help fileAI convert complex unstructured data into "trusted intelligence and production-grade workflows," positioning it as a strategic test bed for enterprise AI in Japan, a market known for its large enterprises and regulatory requirements.

Brief written by urgent.news from e27's own syndicated text. Machine-written — may contain errors; check the original before relying on it.

Read the original at e27.co →

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