Deloitte Acquires Flipside's AI Business, Launches Enterprise AI Company Edisyl
According to TechFlow, on November 12, Deloitte announced the launch of Edisyl, an enterprise AI company associated with its acquisition of Flipside Crypto's AI business completed in July this year. Edisyl is part of Deloitte's D71 Ventures venture capital portfolio.
The announcement stated that all 24 members of Flipside's original operations team have joined Edisyl, with Flipside's former CEO Dave Balter continuing as co-founder. Meanwhile, Flipside's cryptocurrency data business has been separately sold to Sonaverse.
Edisyl's core product, Knowledge Pack, combines domain knowledge with proprietary corporate knowledge for use by enterprises' existing AI tools.