ShiftPixy Plans Acquisition of TurboScale to Enhance AI Capabilities
ShiftPixy, a leader in human capital services, has announced a potential acquisition of TurboScale, a company specializing in GPU-accelerated AI infrastructure. This acquisition is subject to due diligence and shareholder approval, with no guarantee of completion. TurboScale's platform offers scalable, cost-efficient AI solutions, which ShiftPixy aims to integrate to enhance its staffing and workforce management capabilities.
ShiftPixy is known for its innovative approach in the Gig Economy, providing a platform that helps businesses manage shift-based employees and comply with regulatory requirements. The integration of TurboScale’s technology is expected to optimize ShiftPixy's services, potentially improving labor forecasting and offering advanced AI-driven workforce solutions.
TurboScale provides cloud services that facilitate AI model deployment, focusing on efficiency and scalability. If the acquisition proceeds, ShiftPixy could leverage these capabilities to expand its service offerings across multiple industries.
The completion of the acquisition remains uncertain, and any forward-looking statements are subject to risks and uncertainties, including market conditions and regulatory changes. ShiftPixy continues to update its stakeholders through social media and its website, ensuring compliance with SEC regulations.
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