artificial intelligence
SMBC Group to Acquire 10% Stake in AI Specialist ExaWizards to Drive Financial DX and Product Innovation
SMBC Group has entered into a strategic capital and business alliance with ExaWizards, a prominent AI solution provider. Under the terms of the agreement, SMFG will acquire a 10% voting stake in ExaWizards through a third-party allotment of shares. The deal, valued at approximately 5.395 billion yen (approx. $35.