Bloomberg Acquires Canoe Intelligence to Enhance Private Market Data Capabilities
Bloomberg has agreed to acquire Canoe Intelligence, an AI-driven platform focused on automating the collection and delivery of private market data. The acquisition aims to strengthen Bloomberg's offerings by integrating advanced capabilities into its widely used terminal service. Canoe Intelligence specializes in managing complex datasets from non-public markets using artificial intelligence technologies. This move is expected to improve efficiency for users who rely on timely access to comprehensive financial information across various asset classes, including private equity and venture capital investments.
Topics: AI data platform Bloomberg Canoe Intelligence private markets