▾ G11 Media Network: | ChannelCity | ImpresaCity | SecurityOpenLab | Italian Channel Awards | Italian Project Awards | Italian Security Awards | ...
InnovationOpenLab

Behavox Expands Google Cloud Partnership with $42 Million Investment to Deliver AI Solutions in Financial Services

Behavox, the AI company that transforms data into insights to safeguard and enhance businesses, today announced a $42 million investment in Google Cloud infrastructure and services as part of its expa...

Immagine

LONDON & MONTREAL: Behavox, the AI company that transforms data into insights to safeguard and enhance businesses, today announced a $42 million investment in Google Cloud infrastructure and services as part of its expanded strategic partnership.

The move cements Behavox’s commitment to leveraging Google Cloud’s advanced technologies to deliver cutting-edge AI solutions for the largest and most sophisticated Financial Services firms such as Bank of New York Mellon, J.P. Morgan, Invesco and others.

Erkin Adylov, CEO and Founder of Behavox, commented:

“This landmark investment reflects our unwavering confidence in the continued growth of our business.

We have engineered our products from ground-up to fully leverage the hyperscale storage and computing infrastructure that Google has been perfecting for almost three decades - while maintaining a laser focus on delivering valuable insights to our customers through the most capable and affordable AI solutions on the market.”

This milestone represents the next phase in Behavox’s deepening integration with Google Cloud, building on a series of strategic announcements over the past two years. These include the launch of Behavox Intelligent Archive, developed in partnership with Google Cloud last year, and the recent General Availability of GPU-Powered AI Models for Advanced Compliance Surveillance.

Thomas Kurian, CEO of Google Cloud:

“Our partnership with Behavox is a powerful example of how next-generation AI and the scale of Google Cloud can drive real innovation in financial services.”

Behavox’s expanded partnership with Google Cloud underscores significant financial resources the company is committing to research and development as it expands its product ecosystem. A key milestone on this roadmap is the planned launch of its integrated trade surveillance offering in the first half of 2026.

By committing this major investment to Google Cloud, Behavox is executing on its strategy of reinvesting profitability to fuel growth, expand our product ecosystem, and push the frontier of AI in financial services,” said Kiryl Trembovolski, COO of Behavox.

About Behavox

Behavox is an AI company that transforms structured and unstructured corporate data into insights that safeguard and enhance businesses. Our proprietary technology and industry-specific LLM enables users to ask and answer questions without becoming domain experts, technologists, or data scientists.

Our global client base includes banks, hedge funds, commodities firms, private equity firms, crypto firms and other non-financial companies. Equipping them with quality, cost-efficient insights, our solutions empower them to:

  • Detect and address compliance risks
  • Streamline and secure data archiving
  • Predict and prevent regulatory breaches
  • Turn big data into revenue

Founded in 2014, Behavox is headquartered in London, with offices worldwide, including in New York City, Montreal, Seattle, Singapore, and Tokyo.

Fonte: Business Wire

If you liked this article and want to stay up to date with news from InnovationOpenLab.com subscribe to ours Free newsletter.

Related news

Last News

RSA at Cybertech Europe 2024

Alaa Abdul Nabi, Vice President, Sales International at RSA presents the innovations the vendor brings to Cybertech as part of a passwordless vision for…

Italian Security Awards 2024: G11 Media honours the best of Italian cybersecurity

G11 Media's SecurityOpenLab magazine rewards excellence in cybersecurity: the best vendors based on user votes

How Austria is making its AI ecosystem grow

Always keeping an European perspective, Austria has developed a thriving AI ecosystem that now can attract talents and companies from other countries

Sparkle and Telsy test Quantum Key Distribution in practice

Successfully completing a Proof of Concept implementation in Athens, the two Italian companies prove that QKD can be easily implemented also in pre-existing…

Most read

Integral AI Unveils World’s First AGI-capable Model

#AGI--Integral AI, a global leader in the development of embodied AGI, today announced the successful testing of the world’s first AGI-capable model.…

Reply Achieves the AWS Agentic AI Specialization and Is Named an Implementation…

Reply [EXM, STAR: REY] announced that it has achieved the Amazon Web Services (AWS) Agentic AI Specialization, a new category within the AWS AI Competency.…

Tecnotree Emerges as CX Catalyst Winner for Impact at The Fast Mode Awards…

Tecnotree, a global digital platform and services leader for AI, 5G, and cloud-native technologies, has won the CX Catalyst award for Impact at The Fast…

CoMotion GLOBAL 2025 Launches in Riyadh: Global Mobility Leaders Unite…

Riyadh is rapidly becoming one of the world's most ambitious urban mobility laboratories, where next-generation technologies move from blueprint to real-world…

Newsletter signup

Join our mailing list to get weekly updates delivered to your inbox.

Sign me up!