A new joint venture has been launched to support cities adopt AI to enhance operations and improve services. It is a joint venture between Direct Digital Holdings (DRCT) and Green Tea Technology. It brings together a partner network of industry providers such as IBM and HPE as well as others.

Teranexa’s platform is designed to unify a city’s infrastructure costs by combining hardware, software, and services to address city challenges. The Teranexa approach is designed to allow cities to implement AI solutions while managing interconnected issues affecting growth and liveability.

Direct Digital Holdings will contribute its expertise in data monetisation and technology solutions, while Green Tea will bring its proficiency in rapid IT project deployment. Together, these contributions are expected to enable Teranexa to provide comprehensive city solutions supported by proven methodologies and experienced teams.

Mark Walker, CEO of Direct Digital Holdings, stated, “As we look to optimise our business in 2025, we see this venture as a potential to improve city operations, making them more efficient and data-driven. Teranexa aims to bring scalable, AI-driven solutions to municipalities.”

Mike Little, CEO at Green Tea Technology, added, “Teranexa will provide a Smart City as a Service AI platform for cities to enhance operations and support data-driven decision-making. Our service offers municipalities a foundation for growth and long-term development.”