SocialChain bosses invest £5m in specialist AI division at Tangent
May 8, 2024
SocialChain bosses invest £5m in specialist AI division at TangentMay 8, 2024Tangent, the Newcastle and London-based enterprise digital product consultancy, is turning AI hype into business reality with a new investment of £5m in a specialist AI division. The new AI division has been funded by Tangent’s chairman and director Oli and Theo Green, the brothers behind AIM-listed digital media, marketing, and technology company, and SocialChain owner, Brave Bison. The total investment of £5 million over the next three years also includes cloud computing infrastructure. The new proposition has been created in response to an overwhelming demand from both clients and prospects, to help them unleash, and capitalise on, the new opportunities made possible by AI, machine learning and automation. Łukasz Mądrzak-Wecke joins Tangent as Head of AI from WPP agency Wunderman Thompson to lead a cohort of in-house AI architects and engineers, alongside a specialist delivery team. Based in London and across Europe, with a hub in Poland, they will implement bespoke solutions based on a proposition that merges innovation with pragmatism to deliver real results in the field of AI, giving enterprise-level organisations access to a competitive edge. Through robust strategic consultancy and practical support, enterprise-level organisations can tap into these AI services in ways that can foster an increase in revenue, drive down operational expenditure, and improve operational efficiencies. This includes use case development to aidthe identification of the areas where AI can help deliver better, more streamlined, or enhanced outcomes for businesses. Alongside the design, build and delivery of tailor-made enterprise AI solutions that address specific and bespoke business challenges. Leigh Gammons, CEO at Tangent, said: “Like many in our space, we have already been delivering AI projects at scale for a wide range of clients. This new division aims to facilitate the adoption of AI innovation to deliver digital transformation programmes that are effective and have an impact. We may be at the beginning of an AI super cycle, but are well positioned to ensure our clients and prospects can take full advantage of these exciting new technologies through a combination of consultancy and delivery.”Mądrzak-Wecke added: “At Tangent, we are fuelled by a belief that AI can truly enhance operations, streamline processes, and unlock new growth opportunities for enterprises across all sectors. With a team of highly experienced AI professionals, we are well equipped to design and deliver AI at scale and with purpose; fulfilling specific business objectives, from strategic reviews through to the design and build of proprietary models.”Madrzak-Wecke and his team will report to Andy Eva-Dale, Tangent’s technical director, and integrate with the wider Tangent team. The new AI services dovetail with Tangent’s existing proposition of helping enterprise clients build future-ready digital experiences, products, and capabilities. Related News
FAQs
Pi Network is headquartered in Palo Alto, CA.
Who are the competitors of Pi Network? ›
Pi Network's top competitors include Blockmate, Arthur Mining, and Foreman.mn. Blockmate develops an open-cryptocurrency application programming interface (API) platform. It connects users' cryptocurrency data to the application.
Who is the CEO of Pi Network? ›
Dr. Nicolas Kokkalis is a Stanford PhD and instructor of Stanford's first decentralized applications class, CS359B, in 2018. His work focuses on combining distributed systems and human computer interaction to bring cryptocurrency to everyday people.
Can I sell my Pi coins? ›
Currently, Pi pioneers miners or Users who have mined the Pi cryptocurrency will only be able to withdraw or exchange their coins during the project's third phase when it moves to a decentralised blockchain. As of now, Pi coins cannot be converted to cash or other cryptocurrencies.
Where is pi works headquarters? ›
Where is P.I. Works 's headquarters? P.I. Works is located in Istanbul, Istanbul, Turkey .
Where is the headquarter of PI Industries? ›
Registered Office
PI Industries Ltd. 5th floor, Vipul Square,B Block,Sushant Lok, Phase - 1,Gurgaon-122009.
Which blockchain is Pi Network using? ›
According to the Pi white paper, it's being built on the Stellar Consensus Protocol used on the blockchain for Stellar (XLM 0.31%). The Stellar Consensus Protocol was chosen to enable user-friendly, mobile mining.
Who owns pi? ›
Who owns Pi Network? Nicolas Kokkalis and Chengdiao Fan founded Pi Network.
How many members does Pi Network have? ›
According to the information, the network boasts a user base of over 100 million, of which 50 million are actively engaged Pioneers.
Who are the core team in Pi Network? ›
Employees at Pi Core Team
- femto Zheng. Senior Developer of Pi Network.
- David Lage. Digital Marketing & Operations Manager,…
- Hakkyung Lee. Lead Software Engineer at Pi Network.
- Enzo Garry. Product Manager.
Pi Network is a Computer Software company and has headquarters in Palo Alto, California, United States.
Who is the managing director of PI? ›
Mayank Singhal - Vice Chairman & Managing Director - PI Industries Ltd | LinkedIn.
Is pi coin real or fake? ›
The Pi Network app is safe to use. However, there is no guarantee that the Pi Network coin will be worth anything in the future. The project is still in its early stages, and it is possible that it will never be successful.
Does Amazon accept pi? ›
Meanwhile, Amazon, one of the world's largest online retailers, also made a similar decision by recognizing Pi Network as an official payment method.
Can I cash out pi? ›
Pi Network itself does not currently offer any way to withdraw Pi except for a pilot program on their partner platform, Pi Chain Mall (PCM). Here's a breakdown of the current situation: Official Withdrawals (Limited): PCM launched a limited Pi withdrawal feature in February 2024.
Who is the owner of the PI? ›
Nicolas Kokkalis is the CEO and co-founder of Pi Network. He is a computer scientist and entrepreneur with over 15 years of experience in the technology industry. Chengdiao Fan is the President of Socialchain, Inc., the company that created Pi Network. She is a computer scientist with a PhD from Stanford University.
Is Pi listed in China? ›
Breaking news reveals that China has granted a license for Pi Network to operate within the country. This event has created a wave of excitement within the Pi community, with many believing it is a sign of Pi Network's impending explosion and potential to create many new billionaires.
