AAICO’s AI technologies will be deployed across Stanley Capital as well as integrated into its Stanley Labs
Stanley Capital and Applied Artificial Intelligence Corporation announced an AI partnership aimed at transforming private equity investing. The partnership will entail using AAICO’s proprietary AI technologies within Stanley Labs (‘S-Labs’), Stanley Capital’s technology arm, which focuses on developing and using AI and automation products to identify, evaluate and create value within SCP, its Healthcare Services and Software Special Purpose Acquisition Vehicle (‘SPAC’), and its portfolio companies.
“Our ground-breaking value creation partnership with Stanley Capital marks an important milestone for the private equity ecosystem, as one of the first alliances between a private equity fund and an AI technology firm. At AAICO, AI is not just a buzzword, rather we rigorously apply AI to repetitive, mission-critical processes to unlock value, and we look forward to exploring more opportunities to apply our AI technology across Stanley Capital’s portfolio and investment pipeline,” said Arya H. Bolurfrushan, Founder and CEO, AAICO.
AAICO and Stanley Capital first partnered on SCP’s $216 million SPAC, Healthcare AI Acquisition Corp. AAICO’s involvement in HAIA marks one of the first examples of a UAE entity partnering in a successful $200-plus million NASDAQ SPAC listing.
