ShiftPixy, Inc, a Florida-based national staffing enterprise which designs, manages, and sells access to a disruptive, revolutionary platform that facilitates employment in the rapidly growing Gig Economy, today announced its acquisition of TurboScale, a cutting-edge AI technology company specializing in scalable GPU cloud infrastructure and AI model deployment, in a $150 million transaction. The deal, which was structured with $75 million in stock and $75 million in debt underscores ShiftPixy’s commitment to accelerating innovation through artificial intelligence and enhancing its platform capabilities with TurboScale’s advanced AI solutions.
TurboScale provides GPU-accelerated infrastructure, enabling businesses to deploy and scale AI models effortlessly. Their platform offers cost-efficient, highly configurable virtual machines and private cloud solutions, tailored to meet the diverse needs of enterprises, from small experiments to large-scale AI deployments. By integrating TurboScale’s advanced GPU cloud and AI technology, ShiftPixy will enhance its ability to optimize staffing efficiency, improve labor forecasting, and offer advanced AI-driven workforce solutions for clients across multiple industries.
“We are excited to welcome TurboScale into the ShiftPixy ecosystem. Their groundbreaking AI infrastructure will amplify our capabilities and unlock new possibilities for our clients,” said Scott Absher, CEO of ShiftPixy. “Together, we are set to bring cutting edge workforce management tools and provide innovative, AI-powered solutions to businesses looking to scale.”
“TurboScale is extremely excited to partner up with ShiftPixy. Ultimately, Artificial Intelligence has to work hand in hand with human intelligence to help assist and accelerate our workforce productivity. ShiftPixy provides a perfect platform for many use cases of AI to blossom. The two companies plan to build training and inference infrastructure for vertical AIs that include HR, Sales, Customer Services, and many more,” said Chandler Song, CEO of TurboScale.
This acquisition will allow ShiftPixy to introduce enhanced AI-powered features, such as real-time predictive analytics and machine learning-driven automation, to streamline workforce management. TurboScale’s scalable solutions ensure that businesses can leverage AI to its fullest potential, all while maintaining flexibility and cost-efficiency. ShiftPixy anticipates accelerated growth and innovation following the acquisition, with plans to roll out new AI-driven tools by early 2025. This partnership underscores ShiftPixy’s commitment to remaining at the forefront of workforce automation and technological innovation, creating more intelligent and agile staffing solutions for its clients.
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