With the change in the presidents of Telefónica y Indra important strategy plans on the table The second of the companies are in danger of staying on wet paper. One of the challenges between hands and … Close the previous president of the technological, Marc Murtra – now in the same position in the operator – was the purchase of Sherpa.AI, one of the Spanish technology companies specialized in artificial intelligence and federated learning most desired by the greats of the defense and security sector among our European partners.
In fact, as ABC has learned, with the landing in the presidential chair of the current president, Ángel Escribano, the acquisition of Sherpa.AI is absolutely paralyzed, which in turn has accelerated the Builds about her of Spanish homologists in Germany, Italy and even the United States. An extreme that for the sources consulted will be a great blow if it finally lets it escape.
The main approach of the Sherpa.ai business, with headquarters in Spain and the US, is the development of solutions to preserve privacy. It has solutions in strategic sectors such as security and defense, health, financial and industry, among others.
Known sources of the conversations between responsible for the executive of both Spanish companies explain that getting the total control of the technological expert in AI was urgent for the previous president of Indra, for its previous general director of the Defense Area – Borja Ochoa, now also in Telefónica – and for the plans of the Executive of Pedro Sánchez, on the sector of defense, security and telecommunications, and the plan to create a national champion.
At the present time, the sources consulted by ABC ensure that Sherpa.AI has several purchase proposals on the table of foreign homologous companies very interested in their ‘know how’. In fact, Italian, German, even American companies have reactivated their interest and are in negotiations with Sherpa.AI.
The sources explain that Murtra, already as president of Telefónica – and precisely supported by Ochoa, signed by the previous one to preside over the operator’s subsidiary in Spain – he will not want to miss an expert company in the detection of attacks and threats, strategic movements or changes in environmental conditions; or in data analysis and signal processing from various sources, such as sensors, radars, communications and other intelligence systems for the use of the Armed Forces.
At risk, its Spanishity
For the previous Murtra team in Indra, the loss of Sherpa.AI would put the opportunity to acquire a prestigious artificial intelligence company Specialized in strategic sectors, which would lose its Spanishity to foreign hands, at a delicate time in which the countries of the Union will increase the budgets in defense to face face, precisely, to the claims of the US president, Donald Trump.
In his management team, led by Xavi Uribe-Etxebarria, CEO and founder of Sherpa.AI, he has people of recognized professional career such as Tom Gruber, creator of Siri; Thomas Kalil, deputy director of scientific and technological policy of the White House during the mandate of Barack Obama; Joana Hoffman, former right hand of Steve Jobs; Doug Solomon, former Apple strategy director.
In addition to being an expert in defense and security, Sherpa has Specific solutions for the financial sector. Its technology allows financial institutions to improve fraud detection, delinquency prevention and allows data collaborations with third parties always preserving privacy, since data is not shared.
While, In the health sectorthe Sherpa platform will allow the prediction algorithm to improve the treatment and diagnosis of diseases, expedite clinical trials or accelerate research, preserving patient privacy. Among the collaborating institutions are the National Institutes of Health (NIH) of the United States.
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