Miami, USA, June 20th, 2024, FinanceWire
Innovative Technology Leader to Spearhead Growth in Cybersecurity and IT Services Sectors
Cyber A.I. Group, Inc., a burgeoning cybersecurity, A.I., and IT services company in its early stages, has officially appointed Walter L. Hughes as its Chief Executive Officer. This exciting announcement was made by A.J. Cervantes, Jr., the Executive Chairman of Cyber A.I. Group and also the Chairman of Trilogy Capital Group, LLC, the founding shareholder of Cyber A.I.
With over 15 years of executive experience spanning eight diverse industries, including significant roles at Meta and Elevance Health (previously known as Anthem), Walter Hughes has proven himself to be a valuable asset in the realm of technology. His extensive background emphasizes his expertise in Artificial Intelligence applications.
Mr. Cervantes expressed his admiration for Hughes, stating, “Walter’s career exemplifies his ability to drive transformative change in business. His deep understanding of finance and technology, combined with his strategic use of Six Sigma methodologies and venture capital initiatives, positions him as a true pioneer.”
In response, Mr. Hughes shared his enthusiasm, saying, “I am thrilled to take on the role of CEO at Cyber A.I. Group. With its cutting-edge approach and immense potential, I look forward to leveraging my experience across various technology-driven industries to bring about transformative changes. Working alongside the talented management team at Cyber A.I., I am eager to shape the future of this dynamic company.”
Highlighting the fragmented nature of the cybersecurity and IT services industries, Mr. Hughes emphasized the potential for a proactive consolidation strategy. He pointed out the substantial growth in the cybersecurity market, which reached $202 billion in value in 2022, and highlighted the opportunity for a company like Cyber A.I. Group to offer advanced A.I. capabilities to enhance cybersecurity services for clients.
With the IT services sector experiencing rapid growth globally, Mr. Cervantes emphasized the increasing demand for cybersecurity expertise due to data breaches and ransomware attacks. Cyber A.I. Group aims to capitalize on this demand through a “Buy-and-Build” strategy, acquiring IT services companies to address the evolving needs of the cybersecurity and A.I. markets.
Artificial Intelligence, a force that has been gaining momentum for decades, is set to revolutionize the Information Age. Cyber A.I. intends to integrate A.I. services across its operations to capitalize on the opportunities presented by this transformative technology.
The Company is currently conducting a private placement offering under Regulation 506(c) by the Securities and Exchange Commission. The Offering includes Promissory Notes with Equity Consideration in the form of Founders’ Stock, with a minimum investment amount of $50,000.
Trilogy Capital Group, a private equity firm based in Miami, is a key player in the financial services industry, with a focus on Private Equity, Venture Capital, Merchant Banking, and Financial Advisory since 2002.
Cyber A.I. Group, Inc. is a newly established Florida corporation specializing in the acquisition and management of cybersecurity and IT services firms. The company’s strategy involves acquiring companies with strong revenues and cash flow, positioning itself as a leader in the rapidly growing cybersecurity and A.I. markets.
For more information, please visit cyberaigroup.io.
Contact:
Cyber A.I. Group, Inc.
990 Biscayne Blvd., Suite 503
Miami, FL 33132
[email protected]
Contact:
A.J. Cervantes Jr
[email protected]
