India's Fractal Analytics bets heavily on R&D in AI race ahead of IPO
Mădălin Mihai
(Refiles to add editing credit) By Komal Salecha Indian enterprise artificial intelligence firm Fractal Analytics plans to maintain high research and development spending ahead of its market debut for which a date has not yet been set, a top executive said. Fractal, which specialises in AI-driven decision-making for large businesses, will continue to invest 'significantly', and possibly increase its research outlay to stay competitive, chief executive officer Srikanth Velamakanni told Reuters.
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