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UiPath looks for a path to growth with Peak agentic AI acquisition
A rush of agentic AI solutions is hitting the enterprise market, and now one of the bigger players in automation has scooped up a startup in the space in
UiPath, as part of its quarterly earnings last night, announced that it acquired Peak.ai, a startup out of Manchester that builds “decision-making” AI solutions for functions like pricing and inventory management for companies in retail and manufacturing. “The ability to seamlessly integrate decision intelligence with automation presents an unprecedented opportunity to redefine how businesses operate,” Peak’s three founders Richard Potter (CEO), David Leitch (CIO) and Atul Sharma (CTO) note in a message announcing the acquisition. Before TechCrunch, Ingrid worked at paidContent.org, where she was a staff writer, and has in the past also written freelance regularly for other publications such as the Financial Times.
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