The Payments Group Holding Advances in AI Company Building

The Payments Group Holding (PGH) is progressing with its AI-focused ventures. The company has rebranded its subsidiary, now known as Softmax AI GmbH, relocating its headquarters near Munich. With a 25% stake, PGH collaborates with Verdas Ventures, owned by Dr. Denise Vandeweijer and Dr. Allison Fisher, aiming to innovate in AI company building. Softmax AI is developing AI products rapidly, with a voice application for nursing homes and a computer vision tool for infrastructure assessment nearing launch.

This joint venture is based on the open source model of DeepSeek, targeting various applications with minimal investment. The project shows promising potential for new startups and significant profitability with low operating costs. Softmax AI plans more developments and possible spin-offs.