Home / Business and Economy / Boehly's Eldridge Embraces AI for Chelsea & A24
Boehly's Eldridge Embraces AI for Chelsea & A24
10 Aug
Summary
- Eldridge applies AI across diverse portfolio companies like Chelsea FC and A24.
- Chelsea uses AI to analyze injuries and reduce player downtime.
- Eldridge acquired a 50% stake in European AI company Sudolabs.
Todd Boehly's asset management firm, Eldridge, is aggressively implementing artificial intelligence across its extensive portfolio. This strategy is designed to protect investments from AI-driven disruption and create new opportunities. Companies within Eldridge's network, such as Chelsea Football Club and film studio A24, are exploring AI applications.
Chelsea is leveraging AI to analyze football injuries, aiming to decrease player recovery times. Meanwhile, A24 has entered a substantial research partnership with Google DeepMind to explore AI's role in film production. These initiatives reflect a broader industry trend of investment firms adopting AI.
To further enhance its AI capabilities, Eldridge has acquired a 50% stake in Sudolabs, a European AI company. This move provides Eldridge and its portfolio companies access to a dedicated team of AI specialists. The firm also aims to use AI to streamline its investment processes, including due diligence, thereby accelerating analysis and reducing manual tasks.
