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Stock impact report

Exela Technologies and XBP Europe Announce the Launch of Reaktr.ai to Provide Cybersecurity, Data Modernization and Multi-Cloud Management Enabled by AI [Yahoo! Finance]

Exela Technologies, Inc. (XELA) 
Last exela technologies, inc. earnings: 5/9 04:30 pm Check Earnings Report
US:NASDAQ Investor Relations: investors.exelatech.com/investor-relations
Company Research Source: Yahoo! Finance
the “Company”) (NASDAQ: XELA, XELAP) and XBP Europe (“XBP”) (NASDAQ: XBP, XBPEW) announce the launch of a new Global Business Unit, Reaktr.ai . This step follows the successful expansion of FAO services more than a year ago, which was well received by customers, resulting in many new logos and industry accolades. Reaktr.ai is another example of Exela addressing a rapidly changing industry in which demand outpaces the customer's capacity to access available talent. Reaktr.ai will be spearheaded by industry veteran Vineet Chaku as President. This strategic move positions the Company at the forefront of the cyber, large data and generative AI landscape. Reaktr.ai is also establishing Centers of Excellence (CoE) for both Exela and XBP, propelling operational efficiency and innovation to enterprise customers. Reaktr.ai is focused on four key services: AI-Powered Growth : Architecting and deploying scalable AI platforms designed to fuel internal operations and deliver innovative solut Show less Read more
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