S&P Global has agreed to acquire portfolio company Kensho, an AI-equipped information software provider, in a deal that will also allow GV to exit.
Financial data and analysis provider S&P Global agreed yesterday to acquire US-based data technology provider Kensho Technologies for approximately $550m, enabling internet and technology conglomeate Alphabet to exit.
S&P will pay for the company through a mixture of stock and cash, and the deal will represent the largest acquisition of an artificial intelligence company to date according to news publication Forbes. It is expected to close in the next few weeks.
Founded in 2013, Kensho has developed an artificial intelligence…
