$100 Million Acquisition For Managing Data For Best GenAI Experience

$100 Million Acquisition For Managing Data For Best GenAI Experience
forbes.com

by Gil Press • 2 months ago

Boomi has acquired Israeli data integration startup Rivery for an estimated $100 million, enhancing data management in the age of generative AI. Rivery's CEO emphasizes the importance of accurate data to improve AI performance and address challenges like “hallucinations.” The acquisition supports enterprises in re-architecting IT infrastructures to effectively manage both structured and unstructured data, meeting the demands of modern AI tools and ensuring high data accuracy.

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