Direct Digital Holdings, Inc. (DRCT) and Green Tea Technology jointly established Teranexa on March 5, 2025. This new joint venture aims to assist cities in leveraging AI to enhance operations and improve constituent services.
Teranexa's platform will offer AI enablement platforms through a partner network including IBM and HPE, unifying a city's infrastructure costs by combining hardware, software, and services. This approach allows cities to implement AI solutions while managing interconnected issues affecting growth and livability.
Direct Digital Holdings will contribute its expertise in data monetization and technology solutions, while Green Tea will bring its proficiency in rapid IT project deployment. Mark Walker, CEO of Direct Digital Holdings, views this venture as a potential to improve city operations, making them more efficient and data-driven.
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