Insurance software maker Guidewire agrees to acquire Hyperexponential, which makes AI-powered insurance underwriting and pricing software, for $1.7B in cash (Anzar Mehraj/Reuters)

Insurance software maker Guidewire agrees to acquire Hyperexponential. Hyperexponential makes AI-powered insurance underwriting and pricing software. Guidewire said on Tuesday it would buy Hyperexponential for $1.7B in cash and up to $400 million.