Insurance tech just got a $2B AI deal. Are our rates cooked?
Guidewire is acquiring AI underwriting startup hyperexponential for $1.7B in cash, with the total deal potentially reaching $2.1B. I think this will only enable them to connect more dots and eventually squeeze even more money out of us. AI deciding how much to pay. Almost exactly what IBM warned us…
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Timeline · 2 reports
- 2026-10-29 15:10 · r/singularity
Insurance tech just got a $2B AI deal. Are our rates cooked? - 2026-10-29 15:09 · r/artificial
Insurance tech just got a $2B AI deal. Are our rates cooked?