Latest news with #Partsol
Yahoo
6 hours ago
- Business
- Yahoo
Partsol Launches Partsol Futures: A New Era in AI Innovation and Strategic Research
TAMPA, Fla., June 10, 2025 /PRNewswire/ -- Partsol, the global innovator behind Cognitive AI and the Absolute Truth methodology, announces the launch of Partsol Futures, a pioneering research and innovation lab focused on accelerating breakthrough AI applications for national security, smart infrastructure, life sciences, and beyond. Built on the success of Partsol's Cognitive AI and Absolute Truth algorithms, Partsol Futures will function as a powerful engine of innovation within the company, ensuring its continued leadership in national security, life sciences, legal, smart infrastructure, and education. The newly formed Partsol Futures Lab is modeled on best practices from the world's most successful R&D centers and innovation labs. It is designed to bridge the gap between "blue-sky" research and practical, deployable technologies. The lab's operational ethos is focused on lean experimentation, interdisciplinary collaboration, and accelerated prototyping to deliver enterprise-grade solutions at startup speed. "At Partsol, innovation has never been an isolated effort. Partsol Futures will serve as the core accelerator for the next phase of our AI breakthroughs," said Alan Williams, President of Partsol Futures. "From national security to smart schools, our lab will be the place where bold ideas are transformed into tangible solutions that make a global impact." Partsol Futures is dedicated to advancing scientific discovery and transforming it into real-world, scalable AI solutions. The lab will drive cross-disciplinary collaboration with academia, government, and industry to ensure rapid, responsible deployment across domains like cybersecurity, diagnostics, and autonomous systems. While Partsol's Atai platform is transforming the AI landscape with its science-driven Cognitive AI and Absolute Truth algorithms, Partsol Futures will push the boundaries even further. The lab will work behind the scenes to incubate the next phases of Atai's evolution, with particular focus on expanding the applications of Partsol's AI Stem Cell technology. This foundational approach will empower new generations of intelligent systems, bringing to life the company's guiding belief: "Revealing What You've Yet to Find." About Partsol Partsol, a Partnership Solutions International company, is an industry leader in Cognitive AI- driven decision intelligence solutions. Leveraging its proprietary Absolute Truth methodology, Partsol provides high-fidelity, bias-free AI technology that enhances strategic decision-making in complex environments. Partsol's AI solutions are widely adopted across finance, national security, private equity, and advanced manufacturing, helping organizations transform raw data into actionable intelligence. With a strong foundation in scientific methodologies, forensic analysis, and AI automation, Partsol empowers businesses with the tools they need to make data-informed decisions with confidence. To learn more, visit or connect with Partsol on LinkedIn. Media ContactTeresa View original content to download multimedia: SOURCE Partsol
Irish Times
26-05-2025
- Business
- Irish Times
AIB to sell off more bad loans and the US AI group that moved to Ireland
Lender AIB is preparing for a potential sale of a portfolio of non-performing loans, including debt that had soured during the Covid-19 pandemic and never recovered, sources have said. The group of loans had a face value of €500 million and includes mortgages, unsecured loans and small business loans, writes Joe Brennan. One in five Irish workers feels under-appreciated in their current position, according to employee benefits consultants, Aon. But as many as two-thirds are eyeing up a change of jobs over the next year, its Human Capital Employee Sentiment Study finds. Perhaps, they're looking for the flexibility Welsh start-up boss Alen Nelmes is offering – going even further than the four-day week and offering staff the chance to spread their 32 hours over a full seven-day cycle. Pilita Clark examines what that might mean. When Darryl Williams, the founder CEO of cognitive AI company Partsol, was looking at whether to relocate its global headquarters, he decided Ireland offered the right mix of ambition and assurance . That's a rare and valuable combination in a world where both are in short supply, he says as he explains the decision. READ MORE As Donald Trump throws down the gauntlet to the European Union in their escalating trade row, Eoin Burke-Kennedy takes a look at how a similar US approach played out in its relations with China. There's no deal in place yet but, as of now, the outcome is very much a US climbdown, he writes. Finally, Irish small and medium business raised a record €533 million in venture capital in the first quarter of the year – more than double the €237 million raised in the same period last year. But, writes Ciara O'Brien, it was not evenly spread, with companies looking to raise smaller sums losing out. If you'd like to read more about the issues that affect your finances try signing up to On the Money , the weekly newsletter from our personal finance team, which will be issued every Friday to Irish Times subscribers.
Irish Times
26-05-2025
- Business
- Irish Times
Why we decided to relocate the headquarters of our AI company from the US to Ireland
Earlier this month, Central Bank of Ireland governor Gabriel Makhlouf issued a warning that the Trump-era tariffs could pose fresh challenges for Ireland's economy and have consequences for foreign direct investment coming from the United States . These concerns are valid and deserve serious attention. But as the chief executive of Partsol, a US AI company that made the decision this year to relocate our global headquarters from the US to Ireland, I'd offer a different perspective rooted in our lived experience. Partsol's move to Ireland didn't happen despite the global uncertainty or because of who sits in the White House. It happened because of Ireland's stability, its deep alignment with European regulatory clarity and its position as a bridge between the best of American innovation and the rigour of European accountability and regulation. READ MORE Ireland offered the right mix of ambition and assurance – a rare and valuable combination in a world where both are in short supply. Partsol is not your average AI company. Our technology – what we call Cognitive AI – is the next stage in AI's evolving journey and is specifically engineered for high-stakes sectors where the cost of error is too high to tolerate. Specifically these are healthcare, law, accounting and financial services. What makes our platform different is that it doesn't 'hallucinate'. It's engineered with what we describe as AI Stem Cells, drawing from the four pillars of foundational science to ensure every output is based on verifiable truth. That means there are no fabrications, no guesswork. You can't build this kind of technology in a vacuum. It requires robust oversight, scientific transparency and, above all, a regulatory environment that doesn't just permit innovation but actively, and ethically, guides it. That's where Ireland, and by extension Europe, stands out. Regulation is often cast as the enemy of innovation, a brake on progress or a drag on agility. I reject that view entirely. Frameworks such as the EU's AI Act and GDPR don't slow us down. On the contrary, they speed us up – not by removing friction, but by replacing uncertainty with clarity. These are not merely bureaucratic guardrails that are holding up the show, they are trust-building tools that enable long-term growth and adoption. Partsol made its decision to move to Ireland during one of the more turbulent moments in recent transatlantic economic relations, not as an act of risk mitigation, but as a signal of our long-term strategy. We are a US company and are enormously proud of that fact, but where others might see volatility, we see vision. The EU's principled approach to AI and digital governance, embodied by Ireland's leadership on these issues, gave us the confidence to invest, grow and scale from here. We're already putting that commitment into practice. Partsol is in the process of hiring 25 highly-skilled team members in Ireland this year alone. We've already raised $28.6 million (€25.2 million) in funding and are on track to raise roughly double that again this year. Our ambition is to build the world's most reliable, most transparent, most scientifically-grounded artificial intelligence platform – and do it from Ireland. Of course, Ireland's appeal goes beyond policy. Its talent pool is exceptional, particularly in data science and engineering. The universities here are producing world-class graduates, and the local tech ecosystem is both intellectually rigorous and entrepreneurially dynamic. There's a unique cultural chemistry at work in Ireland, an openness to new ideas, matched by a healthy scepticism that insists on integrity and evidence. That suits us just fine and, no doubt, it will continue to suit other similarly minded US businesses irrespective of our own domestic politics. None of this is to say that we should ignore the macroeconomic threats. The global economic terrain is shifting, and no country, Ireland included, is immune to its tremors. But what matters most in moments of change is not just resilience, but direction. Is a country simply weathering the storm, or is it steering toward something greater? Ireland, in my view, is doing the latter. It has made deliberate, thoughtful choices about regulation, about talent and education, and about economic openness that make it positioned to continue to thrive even amid the present global uncertainty. The Trump tariff era, with all its disruption, has ironically highlighted just how valuable this kind of principled consistency can be. For US companies looking abroad, the decision about where to grow isn't just about tax rates or access to markets. It's also about trust, stability and a shared purpose. It's about finding a place where the rules align and make sense, where the people are brilliant and where the future is being built with both ambition and care. That's why Partsol is here and that's why, despite the warnings, we are optimistic that Ireland's role as a pro-innovation, pro-regulation gateway to Europe will not just endure, it will continue to thrive. Darryl Williams is the CEO and founder of Partsol
