AI Engines
Search documents
Fusemachines Announces Additional Investment by Existing Investor to Support Product Expansion and Client Growth
Globenewswire· 2026-01-20 13:00
Core Insights - Fusemachines Inc. announced a follow-on equity investment of USD $1 million from Consilium Investment Management to support product portfolio expansion and client base scaling [1][2][3] Investment Details - The investment was structured as a private investment in public equity (PIPE) and will be utilized for product innovation in retail and real estate, as well as for increasing sales and marketing efforts [2] Company Strategy - The CEO of Fusemachines emphasized that the investment reflects confidence in the company's strategy and execution, enabling accelerated product development and broader client reach [3] - The company aims to execute its 2026 growth strategy focusing on vertical product innovation, client adoption, global partnerships, and strategic acquisitions [3] Company Background - Founded in 2013, Fusemachines is dedicated to democratizing AI, providing enterprise AI products and services to various industries including retail, manufacturing, and government [5] - The company operates globally with offices in North America, Asia, and Latin America, offering a suite of AI solutions to organizations of all sizes [5] Recent Developments - In October 2025, Fusemachines launched a Global Reseller Network to enhance access to its AI products [8] - The company formed a strategic partnership with RentRedi in December 2025 to integrate AI solutions into the real estate sector [8]
Fusemachines Details Growth Strategy for 2026
Globenewswire· 2025-12-18 13:00
Multi-pillar growth plan focused on vertical expansion, sales and marketing, partnerships, and selective acquisitionsNEW YORK, Dec. 18, 2025 (GLOBE NEWSWIRE) -- Fusemachines Inc. (“Fusemachines” or the “Company”) (NASDAQ:FUSE), a leading provider of enterprise AI products and services, today outlined its strategic growth priorities, positioning the Company for a pivotal year in 2026, focused on disciplined execution, enterprise ROI, and responsible AI product innovation. After more than a decade of building ...
Fusemachines Begins Trading on NASDAQ Marking the Start of a New Chapter
Globenewswire· 2025-10-23 15:00
Core Insights - Fusemachines Inc. has commenced trading on the Nasdaq Stock Market under the symbol "FUSE", marking a significant milestone in its mission to democratize AI [1][2] - The public listing positions the company to capture the growing global demand for scalable AI solutions [2] - The CEO emphasized the commitment to innovation and execution, indicating a focus on disciplined growth and strategic investments to create sustainable value for shareholders [3] Company Strategy - Proceeds from the public listing will be utilized to strengthen the company's balance sheet and accelerate growth, with plans for strategic investments in product innovation, customer expansion, and sales and marketing [3] - The company aims to enhance recurring revenue opportunities, expand margins, and deliver long-term value to shareholders through these initiatives [3] - Fusemachines intends to explore strategic partnerships and targeted M&A opportunities to accelerate market expansion and enhance its competitive position [4] Company Background - Founded in 2013, Fusemachines is a global provider of enterprise AI products and services, focusing on democratizing AI [5] - The company leverages proprietary AI technologies to assist clients in their AI transformation journeys across various industries, including healthcare, finance, retail, manufacturing, and government [5]
Fusemachines Announces Closing of Business Combination and Date for Commencement of NASDAQ Listing
Globenewswire· 2025-10-23 14:07
Core Points - Fusemachines Inc. has completed its business combination with CSLM Acquisition Corp., and will begin trading on Nasdaq under the symbol "FUSE" starting October 23, 2025 [1][2] - The public listing is expected to accelerate growth and innovation, with proceeds from the transaction aimed at developing products, expanding customer reach, and supporting enterprise clients [3] - The leadership team of the combined company includes Sameer Maskey as CEO and Christine Chambers as CFO, with a board of directors comprising industry professionals [4] Company Overview - Founded in 2013, Fusemachines is a global provider of enterprise AI products and services, focused on democratizing AI and helping organizations implement and scale AI solutions [5] - The company operates in various industries, including healthcare, finance, retail, manufacturing, and government, with a presence in North America, Asia, and Latin America [5] - Fusemachines is committed to providing high-quality AI education in underserved communities and assisting organizations in maximizing their potential with AI [6]