Exposing the AI mirage in a FTSE 100 deal

We uncovered critical red flags in perceived AI capability, scalability and 3rd party IP usage rights which led to the termination of the transaction
BML was engaged by a FTSE 100 corporate looking to acquire an AI platform to strengthen its B2B information services position. Leading the discovery, we uncovered critical red flags in perceived AI capability, scalability and 3rd party IP use rights.
We conducted a full due diligence on processes, data, technology, IP, Cyber security and AI capability and identified key risks and the technical remediation needed to address the capability deficiency.
Transaction terminated
- Marketing looked good on the surface and transaction look good on paper but below the surface was no substance.
Poor investment avoided
- £50 million valuation transaction terminated due to technical red flags.
Intelligence gained
- Buy side informed for future AI acquisition considerations