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	<title>News &#8211; Algo8</title>
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	<title>News &#8211; Algo8</title>
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		<title>Algo8 Announces Chemelex (Brookfield) Investment and David Prystash Joins Advisory Board</title>
		<link>https://algo8.ai/2026/04/16/algo8-announces-chemelex-brookfield-investment-and-david-prystash-joins-advisory-board/</link>
		
		<dc:creator><![CDATA[algo8_admin]]></dc:creator>
		<pubDate>Thu, 16 Apr 2026 05:55:39 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://algo8.ai/2026/04/16/prof-ashutosh-sharma-padma-shri-awardee-joins-algo8-global-advisory-board-v1/</guid>

					<description><![CDATA[Algo8 Announces Chemelex (Brookfield) Investment and David Prystash Joins Advisory Board&#160; Vancouver, BC Algo8 Industrial AI, a leading provider of enterprise AI solutions for industrial sectors, is pleased to announce a strategic investment of US$2 million (approximately C$2.7 million) from Chemelex LLC, which is owned by Brookfield’s private equity business.  In connection with the investment, David&#160;Prystash, Chief [&#8230;]]]></description>
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<h1 class="wp-block-heading has-text-align-left"><strong><strong><strong><strong><strong><strong><strong>Algo8 Announces Chemelex (Brookfield) Investment and David Prystash Joins Advisory Board</strong>&nbsp;</strong></strong></strong></strong></strong></strong></h1>



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<h3 class="wp-block-heading has-text-align-left"><strong><strong><strong><strong><strong><strong><strong><strong><em>Vancouver, BC</em></strong></strong></strong></strong></strong></strong></strong></strong></h3>



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<p>Algo8 Industrial AI, a leading provider of enterprise AI solutions for industrial sectors, is pleased to announce a strategic investment of US$2 million (approximately C$2.7 million) from Chemelex LLC, which is owned by Brookfield’s private equity business. </p>



<p>In connection with the investment, David&nbsp;Prystash, Chief Executive Officer of&nbsp;Chemelex, will join Algo8’s Advisory Board, further strengthening the Company’s strategic alignment with global infrastructure and industrial leaders.&nbsp;</p>



<p>The investment marks a significant milestone in Algo8’s expansion across North America and reinforces its position as a next-generation industrial AI platform delivering measurable operational improvements for large-scale enterprises.&nbsp;</p>



<p>Chemelex, a global solutions provider backed by Brookfield, brings deep&nbsp;expertise&nbsp;in infrastructure, industrial operations, and large-scale asset optimization. The investment reflects growing demand for advanced AI-driven automation and predictive systems across critical industries.&nbsp;</p>



<p>Algo8 will deploy the capital to accelerate product development of its proprietary AI platform,&nbsp;<strong>PlantBrain</strong>, expand its commercial footprint in the United States, and deepen integrations with key enterprise clients in sectors including manufacturing, energy, and infrastructure.</p>



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<p><strong><em>“This investment from&nbsp;Chemelex&nbsp;is a strong validation of the value Algo8 is delivering to industrial enterprises globally,”</em>&nbsp;</strong>said Nandan Mishra, Chief Executive Officer of Algo8.</p>



<p><strong><em>“Having David join our Advisory Board brings invaluable operational and strategic&nbsp;expertise&nbsp;from one of the world’s leading infrastructure platforms. We view this partnership as a catalyst to scale our deployments and drive meaningful efficiency gains across large, complex operations.”</em></strong>&nbsp;</p>



<p>The relationship between Algo8 and&nbsp;Chemelex&nbsp;builds on existing commercial engagement, where Algo8’s AI systems have&nbsp;demonstrated&nbsp;tangible improvements in operational performance, cost optimization, and predictive maintenance capabilities.&nbsp;</p>



<p><strong><em>“Algo8 represents a new generation of industrial AI companies capable of delivering real- world&nbsp;impact at scale,”</em>&nbsp;</strong>said David&nbsp;Prystash&nbsp;,Chief Executive Officer of&nbsp;Chemelex.</p>



<p><strong><em>“We have been&nbsp;highly impressed&nbsp;with the performance of Algo8’s technology in live environments. Joining the Advisory Board allows us to further support the Company’s growth while advancing digital transformation across industrial and infrastructure assets globally.”&nbsp;</em></strong></p>



<p>As part of the broader strategic relationship, the parties intend to collaborate on&nbsp;identifying&nbsp;and deploying AI-driven solutions across&nbsp;Chemelex’s&nbsp;customers and affiliates globally, further accelerating Algo8’s access to large enterprise customers.&nbsp;</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">6643</post-id>	</item>
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		<title>Prof. Ashutosh Sharma, Padma Shri Awardee, Joins Algo8 Global Advisory Board </title>
		<link>https://algo8.ai/2026/01/28/prof-ashutosh-sharma-padma-shri-awardee-joins-algo8-global-advisory-board/</link>
		
		<dc:creator><![CDATA[algo8_admin]]></dc:creator>
		<pubDate>Wed, 28 Jan 2026 10:10:32 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://algo8.ai/2026/01/28/algo8-launches-dutch-entity-to-drive-industrial-ai-across-europe-v1/</guid>

					<description><![CDATA[Prof. Ashutosh Sharma, Padma Shri Awardee, Joins Algo8 Global Advisory Board  New Delhi &#124; Houston &#124; Toronto Algo8 AI, a global Industrial AI and sustainability intelligence company, announced that Prof. Ashutosh Sharma, a Padma Shri awardee and Institute Chair Professor at IIT Kanpur, has joined its Global Advisory Board.  In his role as an advisor, Prof. Sharma [&#8230;]]]></description>
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<h1 class="wp-block-heading has-text-align-left"><strong><strong><strong><strong><strong><strong><strong>Prof. Ashutosh Sharma, Padma Shri Awardee, Joins Algo8 Global Advisory Board</strong> </strong></strong></strong></strong></strong></strong></h1>



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<h3 class="wp-block-heading has-text-align-left"><strong><strong><strong><strong><strong><strong><em><strong>New Delhi | Houston | Toronto</strong></em></strong></strong></strong></strong></strong></strong></h3>



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<p>Algo8 AI, a global Industrial AI and sustainability intelligence company, announced that Prof. Ashutosh Sharma, a Padma Shri awardee and Institute Chair Professor at IIT Kanpur, has joined its Global Advisory Board. </p>



<p>In his role as an advisor, Prof. Sharma will provide strategic guidance on building scalable, governance-aligned Industrial AI platforms, with a focus on integrating ESG principles, strengthening industry–academia collaboration, and supporting Algo8’s long-term growth strategy in global capital markets. </p>



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<p><em><strong>“We are honored to welcome Prof. Ashutosh Sharma to our Global Advisory Board,”</strong> </em>said Nandan Mishra, Co-founder &amp; CEO of Algo8 AI.</p>



<p><em><strong>“His experience in building national research ecosystems, strengthening industry–academia partnerships, and translating scientific innovation into real-world systems aligns strongly with our long-term platform vision. His guidance will help us develop responsible and scalable Industrial AI systems integrated with ESG and governance frameworks.” </strong></em></p>



<p>Prof. Sharma is Institute Chair Professor at IIT Kanpur and previously served as Secretary, Department of Science &amp; Technology, Government of India, where he played a key role in strengthening national research systems, translational R&amp;D frameworks, innovation programs, and industry–academia partnerships. He was awarded the Padma Shri for his contributions to science and public service. </p>



<p><em><strong>“I am pleased to join the Algo8 Global Advisory Board,” </strong></em>said Prof. Ashutosh Sharma<em><strong>. “Strong innovation systems require alignment between science, industry, institutions, and governance. Industrial AI can support productivity and sustainability together when developed through structured and responsible frameworks.” </strong></em></p>



<p>The appointment further strengthens Algo8’s institutional foundations as it continues to build durable, ESG-integrated and governance-aligned Industrial AI infrastructure for long-term value creation in global public markets. </p>
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		<post-id xmlns="com-wordpress:feed-additions:1">6635</post-id>	</item>
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		<title>Algo8 Launches Dutch Entity to Drive Industrial AI Across Europe</title>
		<link>https://algo8.ai/2025/06/03/algo8-launches-dutch-entity-to-drive-industrial-ai-across-europe/</link>
		
		<dc:creator><![CDATA[algo8_admin]]></dc:creator>
		<pubDate>Tue, 03 Jun 2025 09:59:23 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://algo8.ai/2025/06/04/algo8-ai-collaborates-with-intel-to-optimize-task-management-with-advanced-llm-solutions-v1/</guid>

					<description><![CDATA[Algo8 Launches Dutch Entity to Drive Industrial AI Across Europe Breda, Netherlands / London, UK Algo8 UK, a global Industrial AI leader, has launched its Dutch subsidiary, Algo8 Netherlands B.V., to power Europe’s energy and manufacturing transformation through cognitive automation. “Industrial AI is now mission-critical to Europe’s green and digital future,” said Nandan Mishra, Founder, [&#8230;]]]></description>
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<h1 class="wp-block-heading has-text-align-left"><strong><strong><strong><strong><strong><strong>Algo8 Launches Dutch Entity to Drive Industrial AI Across Europe</strong></strong></strong></strong></strong></strong></h1>



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<h3 class="wp-block-heading has-text-align-left"><strong><strong><strong><strong><strong><strong><em>Breda, Netherlands / London, UK</em></strong></strong></strong></strong></strong></strong></h3>



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<p>Algo8 UK, a global Industrial AI leader, has launched its Dutch subsidiary, Algo8 Netherlands B.V., to power Europe’s energy and manufacturing transformation through cognitive automation.</p>



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<p><em><strong>“Industrial AI is now mission-critical to Europe’s green and digital future,”</strong> </em>said Nandan Mishra, Founder, Algo8<em>. <strong>“Our Dutch base enables real-time, intelligent operations at scale.”</strong></em></p>



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<h2 class="wp-block-heading has-text-align-left"><strong>Headquartered in Breda</strong></h2>



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<p style="font-size:17px">The new entity will:</p>



<ul class="wp-block-list">
<li>Deliver Algo8’s flagship platform PlantBrain<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> across the EU.</li>



<li>Forge strategic partnerships in energy, process, and discrete manufacturing.</li>



<li>Launch a regional AI Lab to build future-ready industrial intelligence.</li>
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<p><em><strong>“We’re not coding dashboards. We’re building thinking machines for the shop floor.”</strong> </em>said Himanshu Ujjawal Singh, Co-founder &amp; CTO<em>.</em></p>



<p>The expansion will be led by Ajay Mishra, Founder &amp; CEO, Algo8 EU.</p>



<p><em><strong>“Europe is ready. We’re here to make Industrial AI real — from control rooms to boardrooms.”</strong></em></p>



<p>Prof. Luk Van Wassenhove, INSEAD professor and advisor to Algo8 EU, added:</p>



<p><em><strong>“Industrial AI must drive resilience, not just automation. Algo8 is positioned for impact.”</strong></em></p>



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<h2 class="wp-block-heading has-text-align-left"><strong>About Algo8</strong></h2>



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<p style="font-size:17px">Algo8 is redefining industrial performance with its cognitive platform PlantBrain<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" />, deployed across energy, chemical, and manufacturing enterprises. With entities in the USA, Canada, UK, India, and now the Netherlands — Algo8 is building the Cognitive Operating System for Industry.</p>



<p style="font-size:17px">Press &amp; Media: press@algo8.ai | <a href="https://www.algo8.ai" target="_blank" rel="noreferrer noopener">www.algo8.ai</a></p>



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		<post-id xmlns="com-wordpress:feed-additions:1">6589</post-id>	</item>
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		<title>Algo8.AI Collaborates with Intel to Optimize Task Management with Advanced LLM Solutions</title>
		<link>https://algo8.ai/2024/09/25/algo8-ai-collaborates-with-intel-to-optimize-task-management-with-advanced-llm-solutions/</link>
		
		<dc:creator><![CDATA[algo8_admin]]></dc:creator>
		<pubDate>Wed, 25 Sep 2024 15:12:59 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://algo8.ai/2024/09/25/algo8-ai-collaborates-with-intel-to-optimize-task-management-with-advanced-llm-solutions-v1/</guid>

					<description><![CDATA[Algo8.AI Collaborates with Intel to Optimize Task Management with Advanced LLM Solutions Algo8.AI is proud to announce its successful collaboration with Intel to enhance the performance of our fine-tuned Large Language Model (LLM). This collaboration has enabled us to significantly improve the efficiency of our task management processes across multiple departments, including IT, HR, Customer [&#8230;]]]></description>
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<h1 class="wp-block-heading has-text-align-left"><strong><strong><strong><strong><strong><strong>Algo8.AI Collaborates with Intel to Optimize Task Management with Advanced LLM Solutions</strong></strong></strong></strong></strong></strong></h1>



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<p>Algo8.AI is proud to announce its successful collaboration with Intel to enhance the performance of our fine-tuned Large Language Model (LLM). This collaboration has enabled us to significantly improve the efficiency of our task management processes across multiple departments, including IT, HR, Customer Support, and Operations. Leveraging the power of LLMs, we have automated the classification and handling of tasks, addressing the challenges posed by the current manual and error-prone system.</p>



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<h2 class="wp-block-heading has-text-align-left"><strong>Project Overview</strong></h2>



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<p style="font-size:17px">Our solution automates the task classification process, categorizing tasks into predefined categories: routine, non-routine, and undefined. This automated classification reduces the time and effort required for manual sorting and ensures accurate task handling across various departments. Additionally, the application enhances data extraction from project documents, providing stakeholders with key insights and summaries, thus improving project interaction management.</p>



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<h2 class="wp-block-heading has-text-align-left"><strong>Key Features and Use Cases</strong></h2>



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<li><strong>Task Classifier:</strong> Automatically categorizes tasks into routine, non-routine, and undefined categories, optimizing the task management process and reducing manual workload.</li>



<li><strong>Data Extractor:</strong> Extracts essential data from project documents, enabling better information retrieval and improved handling of project interactions.</li>



<li><strong>Interaction Follow-Up</strong>: Automates follow-up communications through emails and chatbots, ensuring smooth and timely project interactions and documentation.</li>



<li><strong>Summary Generator</strong>: Generates concise summaries of key documents and interactions, helping stakeholders stay informed and up-to-date on project progress.</li>
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<h2 class="wp-block-heading has-text-align-left"><strong>Scalable Integration</strong></h2>



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<p style="font-size:17px">The solution is designed to be deployed as a scalable application that integrates seamlessly with the organization’s existing project management systems. This ensures streamlined task handling and improved efficiency across departments, while also providing the flexibility to adapt to evolving project requirements.</p>



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<h2 class="wp-block-heading has-text-align-left"><strong>Optimization on Intel Architecture</strong></h2>



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<p style="font-size:17px">To maximize performance and efficiency, the&nbsp;<strong>automates the task classification</strong>&nbsp;has been meticulously optimized for Intel Architecture, leveraging the advanced capabilities of Intel’s&nbsp;<strong>OpenVINO<img src="https://s.w.org/images/core/emoji/17.0.2/72x72/2122.png" alt="™" class="wp-smiley" style="height: 1em; max-height: 1em;" /> Toolkit</strong>. This optimization ensures the&nbsp;<strong>automates the task classification</strong>&nbsp;fully utilizes Intel’s hardware, resulting in faster processing times, reduced latency, and increased throughput for AI workloads.</p>



<p style="font-size:17px">The optimization process included enhancing model precision and leveraging Intel&#8217;s powerful CPUs to improve efficiency and versatility across various deployment scenarios. The solution has been optimized on&nbsp;<strong>4th Generation Intel® Xeon® Scalable Processors</strong>, known for their robust performance and reliability. These processors offer an extensive ecosystem of tools and libraries that streamline AI solution development and deployment, making them an ideal choice for the&nbsp;<strong>automates the task classification</strong>.</p>



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<h2 class="wp-block-heading has-text-align-left"><strong>Collaboration with Intel</strong></h2>



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<p style="font-size:17px">Our partnership with Intel played a crucial role in optimizing the performance of our LLM model as they provided us with a virtual machine (VM) on their servers to test the performance and throughput of our models.. By utilizing Intel’s cloud platform and integrating their OpenVINO toolkit, we achieved a significant improvement in model performance. The processing time was drastically reduced when using OpenVINO’s FP16 optimization, leading to faster and more accurate results. This collaboration not only enhanced the model’s efficiency but also demonstrated the potential of combining cutting-edge AI technologies with Intel’s powerful optimization tools.</p>



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<h2 class="wp-block-heading has-text-align-left"><strong>Conclusion</strong></h2>



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<p style="font-size:17px">The collaboration between Algo8.AI and Intel has successfully transformed our task management processes, showcasing the potential of AI and LLMs in automating and improving business operations. We look forward to exploring further opportunities with Intel to continue innovating and delivering advanced solutions to our clients.</p>
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		<post-id xmlns="com-wordpress:feed-additions:1">6580</post-id>	</item>
		<item>
		<title>AI Insights Unveiled: Nandan Mishra, Algo8 CEO, Explores AI&#8217;s Evolution on News9</title>
		<link>https://algo8.ai/2023/12/29/ai-insights-unveiled-nandan-mishra-algo8-ceo-explores-ais-evolution-on-news9/</link>
		
		<dc:creator><![CDATA[algo8_admin]]></dc:creator>
		<pubDate>Fri, 29 Dec 2023 14:16:21 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://algo8.ai/2023/12/29/prof-emeritus-luk-van-wassenhove-of-insead-joins-algo8-eu-uk-advisory-board-v1/</guid>

					<description><![CDATA[AI Insights Unveiled: Nandan Mishra, Algo8 CEO, Explores AI&#8217;s Evolution on News9 Courtesy &#8211; NEWS9 Live Algo8 AI is proud to share a recent feature on our Founder and CEO, Nandan Mishra, in a dynamic discussion hosted by News9. The conversation, which delves into the global and Indian landscape of artificial intelligence, highlights key insights [&#8230;]]]></description>
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<h1 class="wp-block-heading has-text-align-left"><strong><strong><strong><strong><strong><strong>AI Insights Unveiled: Nandan Mishra, Algo8 CEO, Explores AI&#8217;s Evolution on News9</strong></strong></strong></strong></strong></strong></h1>



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<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"><div class="wp-block-embed__wrapper">
<iframe title="2023: Year of AI | Making Sense Of Artificial Intelligence And Its Future | News9" width="525" height="295" src="https://www.youtube.com/embed/Vmh29jp8iu8?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
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<p>Courtesy &#8211; NEWS9 Live</p>



<p>Algo8 AI is proud to share a recent feature on our Founder and CEO, Nandan Mishra, in a dynamic discussion hosted by News9. The conversation, which delves into the global and Indian landscape of artificial intelligence, highlights key insights from thought leaders in the field. The discussion explores the milestones achieved in AI, the current state of affairs, and the road ahead. Nandan Mishra&#8217;s participation alongside distinguished guests such as Umakant Soni and Pranav Pai emphasizes Algo8 AI&#8217;s influential role in shaping the future of AI. The discussion provides valuable perspectives on the evolving landscape of artificial intelligence.</p>



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<h2 class="wp-block-heading has-text-align-left">About Algo8</h2>



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<p style="font-size:17px">Algo8 is a leading provider of Industrial AI solutions. The company’s platform uses machine learning and artificial intelligence to help energy and manufacturing companies improve their operations, reduce costs, and increase sustainability.</p>



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		<post-id xmlns="com-wordpress:feed-additions:1">6453</post-id>	</item>
		<item>
		<title>Prof Emeritus Luk Van Wassenhove of INSEAD Joins Algo8 EU/UK Advisory Board</title>
		<link>https://algo8.ai/2023/10/21/prof-emeritus-luk-van-wassenhove-of-insead-joins-algo8-eu-uk-advisory-board/</link>
		
		<dc:creator><![CDATA[algo8_admin]]></dc:creator>
		<pubDate>Sat, 21 Oct 2023 10:00:08 +0000</pubDate>
				<category><![CDATA[News]]></category>
		<guid isPermaLink="false">https://algo8.ai/2023/10/26/predicting-power-requirement-in-steel-manufacturing-eaf-v1/</guid>

					<description><![CDATA[Prof Emeritus Luk Van Wassenhove of INSEAD Joins Algo8 EU/UK Advisory Board London Algo8, a leading provider of Industrial AI solutions, announced that Professor Emeritus Luk Van Wassenhove of INSEAD, a renowned expert in operations management, has joined its Advisory Board for Algo8 Europe. In his role as an advisor, Prof. Van Wassenhove will provide [&#8230;]]]></description>
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<h1 class="wp-block-heading has-text-align-left"><strong><strong><strong><strong><strong><strong>Prof Emeritus Luk Van Wassenhove of INSEAD Joins Algo8 EU/UK Advisory Board</strong></strong></strong></strong></strong></strong></h1>



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<h2 class="wp-block-heading has-text-align-left">London</h2>



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<p>Algo8, a leading provider of Industrial AI solutions, announced that Professor Emeritus Luk Van Wassenhove of INSEAD, a renowned expert in operations management, has joined its Advisory Board for Algo8 Europe.</p>



<p>In his role as an advisor, Prof. Van Wassenhove will provide strategic guidance on operations and technology management, growth, and expansion plans.</p>



<p>“We are honored to welcome Prof. Van Wassenhove to our Advisory Board,” said Ajay Mishra, CEO of Algo8, Europe. “His expertise in operations management and his deep understanding of the energy and manufacturing industries will be invaluable to us as we continue to grow and expand our business.”</p>



<p>Prof. Van Wassenhove is a Professor Emeritus of Technology Operations Management at&nbsp;<a href="https://www.linkedin.com/company/insead/">INSEAD</a>, where he holds the Henry Ford Chaired Professorship in Manufacturing, as emeritus. He is Fellow of the Production and Operations Management Society (POMS 2005). In 2006, he received EURO’s Gold Medal. He is Distinguished Fellow of the Manufacturing and Services Operations Management Society (MSOM 2009). In 2018 he was elected Fellow of Institute for Operations Research and the Management Sciences (INFORMS).</p>



<p><strong>“I am excited to join the Algo8 Advisory Board,” said Prof. Van Wassenhove. “I believe that the company has the potential to revolutionize the way energy and manufacturing companies operate. I am looking forward to helping them achieve their goals.”</strong></p>



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<h2 class="wp-block-heading has-text-align-left">About Algo8</h2>



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<p style="font-size:17px">Algo8 is a leading provider of Industrial AI solutions. The company’s platform uses machine learning and artificial intelligence to help energy and manufacturing companies improve their operations, reduce costs, and increase sustainability.</p>



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