iLearningEngines Partners with Doblu.ai to Empower AI-Driven Business Insights and Advantages

BETHESDA, Md., May 28, 2024 (GLOBE NEWSWIRE) -- iLearningEngines, Inc. (Nasdaq: AILE) (“iLearningEngines” or “the Company”), a leader in AI-powered learning and work automation, today announced a partnership with Doublu.ai, a provider of tailored AI solutions that drive business transformation. Through the partnership, iLearningEngines will support Doublu.ai and its clients by providing exceptional insights and efficiencies through iLearningEngines’ Enterprise AI Platform.

Doublu.ai is on a mission to revolutionize industries and redefine possibilities through AI. Consisting of a team of passionate AI experts, the company creates technology solutions that help businesses across various industries optimize operations, enhance decision-making and unlock new growth opportunities. Combining innovation, expertise and a commitment to excellence to create intelligent solutions, Doublu.ai’s transformative AI solutions are tailored to meet clients’ unique needs and drive business success. iLearningEngines’ Enterprise AI platform is a natural fit for Doublu.ai due to the solution’s ability to transform enterprise content and information into meaningful intelligence and insights, which can drive mission-critical business outcomes at scale.

“We are thrilled to partner with iLearningEngines, a leader in AI-driven learning and work automation solutions. This collaboration will transform the way we serve our clients across industries like financial services, retail and healthcare in Australia, providing exceptional insights and efficiencies,” said Arijit Sarkar, Managing Director at Doublu.ai. “By leveraging iLearningEngines’ cutting-edge technology, we can deliver enhanced value and innovation, ensuring our clients stay ahead in the competitive landscape.”

iLearningEngines also recently participated in the annual Data & AI Edge event in Sydney. During the event, the iLearningEngines team showcased its latest innovations in AI-driven learning and work automation. Attendees at the event were able to connect with iLearningEngines team members for firsthand access to live demonstrations of iLearningEngines’ flexible no-code AI canvas, applied AI platform, and iLearningEngines’ AI Engines that are transforming industries with scalable solutions for mission critical use cases.

“Data and AI Edge presented us with a fantastic opportunity to really put our applied AI platform front and center with the technology community, providing an in depth look at our proprietary LLM and LAM models and discover how our integration capabilities set new benchmarks in cognitive automation,” said Ratish Nair, AVP, Sales and Business Development at iLearningEngines. “Our applied AI platform allows clients to rapidly productize and deploy a wide range of AI applications and use cases at scale, which we believe truly makes iLearningEngines stand out in a complex, fast evolving market”

Data & AI Edge gathers leading data and technology stakeholders from around the world to share unique insights of top Chief Data Officers, and learn from global leaders in technology and science. The event includes cross-industry roundtable discussions and networking with expert stakeholders to inspire new ways of thinking.

For more information about iLearningEngines and to arrange a demonstration, please visit: www.ilearningengines.com.

About Doublu.ai
Doublu.ai uses their expertise in leveraging artificial intelligence to drive business transformation. They specialize in creating tailored AI solutions that help businesses across industries optimize operations, enhance decision-making, and unlock new growth opportunities. With a focus on innovation and excellence, Doublu.ai is committed to empowering their clients with advanced AI technologies to achieve exceptional results.

About iLearningEngines
iLearningEngines (Nasdaq: AILE) is a leading Applied AI platform for learning and work automation. iLearningEngines enables Enterprises to rapidly productize and deploy a wide range of AI applications and use cases (AI Engines) at scale.

iLearningEngines is powered by proprietary vertical specific AI models and data with a flexible No Code AI canvas to drive rapid out-of-the-box deployment while offering low latency and high levels of data security and compliance.

Serving over 1,000 enterprise end customers, iLearningEngines is deployed globally into some of the most demanding vertical markets including Healthcare, Education, Insurance, Retail, Energy, Manufacturing and Public Sector to achieve mission critical outcomes.

Forward-Looking Statements
Certain statements included in this press release that are not historical facts are forward-looking statements for purposes of the safe harbor provisions under the United States Private Securities Litigation Reform Act of 1995 with respect to the Business Combination. Forward looking statements generally are accompanied by words such as “believe,” “may,” “will, “estimate,” “continue,” “anticipate,” “intend”, “expect”, “should”, “would”, “plan”, “predict”, “potential”, “seem”, “seek”, “future”, “outlook”, the negative forms of these words and similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements include, but are not limited to, statements regarding the adoption of iLearningEngines’ Enterprise AI Platform; Doublu.ai’s ability to provide insights and efficiencies through iLearningEngines’ Enterprise AI Platform; the ability of the collaboration between iLearningEngines and Doublu.ai to transform the way Doublu.ai serves its clients, the ability of iLearningEngines’ AI platform to allow clients to rapidly productize and deploy a wide range of AI applications and use cases at scale and iLearningEngines’ ability to address market opportunities across artificial intelligence. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the iLearningEngines’ management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by an investor as, a guarantee, an assurance, a prediction, or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions this press release relies on. Many actual events and circumstances are beyond the control of iLearningEngines. These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political, and legal conditions; iLearningEngines’ failure to realize the anticipated benefits of its recently completed business combination with Arrowroot Acquisition Corp.; risks related to the rollout of iLearningEngines’ business and the timing of expected business milestones; iLearningEngines’ dependence on a limited number of customers and partners; iLearningEngines’ ability to obtain sufficient financing to pay its expenses incurred in connection with the closing of the business combination; the ability of iLearningEngines to issue equity or equity-linked securities or obtain debt financing in the future; risks related to iLearningEngines’ need for substantial additional financing to implement its operating plans, which financing it may be unable to obtain, or unable to obtain on acceptable terms; iLearningEngines’ ability to maintain the listing of its securities on Nasdaq or another national securities exchange; the risk that the business combination disrupts current plans and operations of iLearningEngines; the effects of competition on iLearningEngines’ future business and the ability of iLearningEngines to grow and manage growth profitably, maintain relationships with customers and suppliers and retain its management and key employees; risks related to political and macroeconomic uncertainty; the outcome of any legal proceedings that may be instituted against iLearningEngines or any of their respective directors or officers, including litigation related to the business combination; the impact of the global COVID-19 pandemic on any of the foregoing risks; and those factors discussed in iLearningEngines’ registration statement on Form S-4, as amended or supplemented, under the heading “Risk Factors,” and other documents iLearningEngines has filed, or will file, with the SEC. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that iLearningEngines does not presently know, or that iLearningEngines does not currently believe are immaterial, that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect iLearningEngines’ expectations, plans, or forecasts of future events and views as of the date of this communication. iLearningEngines anticipates that subsequent events and developments will cause iLearningEngines’ assessments to change. However, while iLearningEngines may elect to update these forward-looking statements at some point in the future, iLearningEngines specifically disclaims any obligation to do so. These forward-looking statements should not be relied upon as representing iLearningEngines’ assessments as of any date subsequent to the date of this communication. Accordingly, undue reliance should not be placed upon the forward-looking statements.

For iLearningEngines Investors:
iLearningEngines, investors@ilearningengines.com
Kevin Hunt, iLearningEnginesIR@icrinc.com

For iLearningEngines PR:
Dan Brennan, ICR Inc., iLearningPR@icrinc.com