Petra Fabinger

Overview

  • Founded Date 5 April 1929
  • Sectors Automotive Jobs
  • Posted Jobs 0
  • Viewed 8
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Company Description

The Combination of These Groundbreaking Technologies

NEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE)– Roadzen Inc. (Nasdaq: RDZN) (” Roadzen” or the “Company”), a global leader in AI at the crossway of insurance coverage and mobility, today revealed the integration of DeepSeek’s open-source thinking model into Roadzen’s just recently introduced MixtapeAI platform. The combination of these groundbreaking innovations, offered as of today, brings sophisticated reasoning-based AI representative capability to services in the insurance and movement sectors while preserving strict data sovereignty.

Roadzen’s MixtapeAI Platform automates complicated workflows throughout numerous touchpoints, delivering intelligent, individualized, and safe and secure customer experiences for insurance companies, brokers, agents, carmakers, and fleets. To date, MixtapeAI has actually leveraged foundation designs, such as OpenAI, Google, Anthropic, and Meta, and as of today it is likewise incorporated with DeepSeek R1. With the combination of DeepSeek R1-touted as the world’s most powerful open-source advanced reasoning design with traceability – Mixtape can deliver smart and representatives in complicated workflows. Importantly, all use of MixtapeAI is restricted to our data centers in the United States, Europe, and India, depending upon the customer locations, guaranteeing stringent information sovereignty as no info takes a trip outside these local regions.

Rohan Malhotra, Roadzen’s Founder and CEO, commented, “We are incredibly delighted about DeepSeek’s innovations in their modern models that permit us to lower reasoning expenses and supply thinking traces in our Mixtape representatives. When opportunities develop to enhance the quality and cost of our products, we act quickly to bring them to our clients. By leveraging DeepSeek’s sophisticated reasoning capabilities in AI representatives that handle KYC, onboarding, customer support, sales, and policy administration from quote to claim, we provide a robust, enterprise-grade solution with total data sovereignty to our customers. Mixtape with DeepSeek R1 is immediately available to our consumers globally without rate restrictions, and we are currently seeing adoption simply days after launch.

Mr. Malhotra continued, “As structure models continue to advance in a hyper-competitive landscape, our company believe that most of financial value will be realized at the application layer in AI, especially within the insurance coverage and mobility sectors, and we are delighted to lead this change.”

About Roadzen Inc
. Roadzen Inc.( Nasdaq: RDZN) is an international innovation company transforming car insurance coverage using innovative expert system (AI). Thousands of clients, from the world’s leading insurance companies, carmakers, and fleets to car dealerships and auto insurance representatives, utilize Roadzen’s technology to develop new items, sell insurance, process claims, and enhance roadway safety. Roadzen’s pioneering work in telematics, generative AI, and computer system vision has actually earned acknowledgment as a leading AI innovator by publications such as Forbes, Fortune, and Financial Express. Roadzen’s objective is to continue advancing AI research study at the crossway of mobility and insurance coverage, ushering in a world where accidents are avoided, premiums are fair, and claims are processed within minutes, not weeks. Headquartered in Burlingame, California, the Company has 360 employees across its global workplaces in the U.S., India, U.K. and France.

To get more information, please check out www.roadzen.ai.

Cautionary Statement Regarding Forward Looking Statements
This press release includes forward-looking statements within the significance of Section 27A of the Securities Act of 1933, as modified (the “Securities Act”), and Section 21E of the Securities Exchange Act of 1934, as modified (the “Exchange Act”). We have actually based these forward-looking declarations on our current expectations and projections about future occasions. These forward-looking statements are subject to known and unidentified dangers, uncertainties and presumptions about us that might trigger our actual outcomes, levels of activity, efficiency or accomplishments to be materially various from any future results, levels of activity, efficiency or achievements revealed or indicated by such forward-looking declarations. In some cases, you can determine forward-looking statements by terms such as “may,” “should,” “could,” “would,” “expect,” “plan,” “prepare for,” “think,” “quote,” and “continue,” or the negative of such terms or other comparable expressions. Such declarations consist of, however are not limited to, statements relating to the expected benefits of our products and options, our expected income growth, method, demand for our products, growth strategies, future operations, future operating results, estimated profits, losses, predicted expenses, prospects, strategies and objectives of management, in addition to all other statements besides declarations of historical truth consisted of in this press release. Factors that may cause or contribute to such a discrepancy consist of, however are not limited to, those described in “Risk Factors” in our Securities and Exchange Commission (“SEC”) filings, consisting of the yearly report on Form 10-K we submitted with the SEC on July 1, 2024. We prompt you to think about these elements, dangers and uncertainties thoroughly in assessing the forward-looking statements included in this news release. All subsequent written or oral positive declarations attributable to our company or individuals acting upon our behalf are specifically certified in their whole by these cautionary statements. The forward-looking declarations included in this news release are made only since the date of this release. Except as expressly required by suitable securities law, we disclaim any intent or commitment to update or revise any forward-looking statements, whether as a result of brand-new information, future occasions or otherwise.

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