NEWS
Brand Engagement Network finalises US $ 5 million exclusive AI licensing partnership in Latin America
Brand Engagement Network – a provider of conversational AI solutions for regulated industries – has announced a major strategic partnership with SKYE Inteligencia LATAM S. A. P. I. de C. V. securing an exclusive AI licensing footprint across Latin America.
Countries including Mexico, Brazil and Argentina are enforcing stricter datalocalisation mandates creating strong demand for compliant locally deployed AI systems.
The partnership positions SKYE LATAM to deliver scalable regulation-ready AI solutions to both public and private sectors.
The deal includes a US $ 5 million preferred equity investment from SKYE LATAM recognised as IP licensing revenue. BEN will also receive 25 % common equity in SKYE LATAM, a board seat and a 35 % share of revenue generated from software, SaaS, services and subscriptions across industries.
“ We expect this partnership to propel our
AI into the heart of Latin America’ s digital transformation” said Tyler Luck, Acting CEO and Co-Founder, BEN.
“ With our equity stake and board role BEN is well-positioned to capture long-term value.”
SKYE LATAM gains exclusive government-sector rights and nonexclusive rights in other verticals under a perpetual term including right of first refusal on any sale.
SKYE LATAM CEO Gastón Iván Gaxiola Romero said BEN’ s platform enables transparent trustworthy AI aligned with local laws noting the collaboration will help modernise governments and enterprises.
The collaboration brings BEN’ s proprietary Engagement Language Model and Retrieval-Augmented Generation to high-demand markets facing rising data sovereignty requirements.
This marks BEN’ s first major international licensing deal expanding its momentum across regulated industries including healthcare, financial services, insurance, life sciences, hospitality, retail and automotive.
LATAM a‘ strategic priority’ for Samsung as smart home appliance sales soar
Samsung is accelerating the creation of smart homes across Latin America as the region becomes a strategic priority for the company.
Sales of connected appliances have tripled, reflecting the rapid expansion of the connected lifestyle. The LATAM market for smart home appliances reached 5.6 million units sold in the last year, including air conditioners, refrigerators and washing machines – representing 20 % of total regional sales.
Since 2020, the segment of connected products has tripled in size, driven by strong growth in artificial intelligence – powered devices – which saw a 60 % increase in the past year.
“ The Latin American region is a strategic priority for Samsung and is at the forefront of adopting connected technologies. The growth in AI-powered home appliances shows that consumers value innovation, convenience and sustainability,” said Diego Buteler, Product Director of Digital Home Appliances, Samsung Latin America.
Samsung says the impact of artificial intelligence translates into real benefits: lower energy bills, more sustainable living, automated care for everyday tasks, enhanced home security and personalized experiences tailored to each household.
Voice and app control have become essential features powering this momentum. Devices equipped with these capabilities have grown more than fivefold in recent years and now represent nearly half of all connected appliances sold in the region.
To meet rising demand, Samsung has expanded its Bespoke AI line, offering appliances integrated with the SmartThings platform and enhanced with AI features. Select models also include SmartThings Energy, allowing users to monitor and reduce energy consumption for greater efficiency.
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