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Rezolve Ai to Acquire GroupBy Strengthening Market Leadership in Commerce Site Search and Digital Engagement
Globenewswire· 2025-02-13 13:00
Strategic acquisition expands Rezolve Ai’s capabilities in Commerce Site Search, unlocking synergies with enterprise clients and global infrastructureNEW YORK, Feb. 13, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a global leader in AI-driven commerce solutions, today announced that it has entered into a purchase agreement to acquire GroupBy Inc. (www.groupbyinc.com), a leader in enterprise-grade site search, product discovery, and merchandising solutions. The acquisition's completion is subject to t ...
SoftBank's $300 Billion OpenAI Valuation Underscores AI's Unprecedented Market Opportunity—Rezolve Ai Positioned to Capture a Major Share
Newsfilter· 2025-02-07 17:40
NEW YORK, Feb. 07, 2025 (GLOBE NEWSWIRE) -- SoftBank's reported investment in OpenAI at a staggering $300 billion post-money valuation reaffirms the vast potential of artificial intelligence across industries. This landmark deal highlights the increasing recognition that AI is not only the future but also a present-day driver of economic transformation. Rezolve Ai (NASDAQ:RZLV), already at the forefront of AI-driven commerce solutions, sees this valuation as a validation of the immense market opportunity AI ...
SoftBank’s $300 Billion OpenAI Valuation Underscores AI’s Unprecedented Market Opportunity—Rezolve Ai Positioned to Capture a Major Share
Globenewswire· 2025-02-07 17:40
Core Insights - SoftBank's investment in OpenAI at a $300 billion post-money valuation highlights the significant potential of artificial intelligence across various industries, indicating that AI is a current driver of economic transformation [1] - Rezolve Ai, positioned in the $30 trillion retail sector, views this valuation as validation of the immense market opportunity presented by AI, with accelerated adoption creating significant growth potential [2] - Rezolve Ai's CEO emphasizes that while OpenAI focuses on foundational AI models, Rezolve Ai is dedicated to applying AI in commercial environments, transforming consumer engagement and driving revenue growth [3] - The SoftBank-OpenAI deal underscores the extraordinary value and potential of the AI sector, with Rezolve Ai playing a critical role in delivering tangible business outcomes through advanced AI solutions [4] Company Insights - Rezolve Ai (NASDAQ: RZLV) specializes in AI-powered solutions aimed at enhancing customer engagement, operational efficiency, and revenue growth, with its Brain Suite providing advanced tools for optimizing processes and decision-making [5] - The company's strategic positioning in AI-driven commerce solutions is recognized by major tech players like Microsoft and Google, who are integrating and promoting Rezolve Ai's offerings to deliver scalable AI solutions globally [3]
Rezolve Ai Kicks Off 2025 with Major Retail Expansion as Leading Brands Leverage Its Cutting-Edge Technology
Globenewswire· 2025-02-05 13:00
Core Insights - Rezolve Ai is experiencing significant growth in 2025, with over 16 million consumers using its AI technology across 1.1 million locations, partnering with major brands like Dunkin', BJ's Wholesale Club, and Coles Supermarkets [1][2][4] - The company is enhancing customer engagement and operational efficiency through its AI-driven solutions, which include Brain Commerce and Brain Checkout, and is set to redefine retail engagement globally [4][5] Company Overview - Rezolve Ai (NASDAQ: RZLV) specializes in AI-powered retail and commerce solutions, focusing on customer engagement, operational efficiency, and revenue growth [6] - The company’s technology is utilized by various prominent brands to optimize processes and improve decision-making, thereby enhancing digital experiences [6] Technology and Partnerships - Rezolve Ai's technology is currently used by over 16.2 million mobile devices monthly, detecting users at 1.1 million locations over 26.5 million times each month, showcasing its precision and personalization capabilities [2] - Strategic partnerships with Microsoft and Google are expected to further accelerate Rezolve Ai's expansion and enhance its technological capabilities [4][5] Client Applications - Dunkin' is using Rezolve Ai's Mobile SDK for drive-thru detection to facilitate fast order pickups and personalized digital menu experiences [6] - BJ's Wholesale Club is integrating geolocation-powered curbside pickup and in-app experiences for improved in-store engagement [6] - Coles Supermarkets is utilizing contactless grocery pickup solutions to enhance convenience for customers [6] - Discount Tire is leveraging AI-driven geolocation for automated appointment check-ins, reducing service times [6] - Philz Coffee is deploying contactless pickup solutions to streamline customer experiences [6] - Phoenix Suns are enhancing location-based marketing for fans visiting their stadium during NBA and WNBA seasons [6]
Rezolve Ai Secures $30 Million Loan to Drive Growth and Accelerate Momentum
Newsfilter· 2025-01-29 13:00
Core Viewpoint - Rezolve Ai has successfully arranged a $30 million unsecured loan facility with Berenberg, indicating strong business momentum and confidence from financial partners [1][2][3] Funding Details - The loan facility is structured as a non-dilutive solution, preserving shareholder value by avoiding equity financing at perceived low prices [2][7] - The funds will be used to support growth, enhance product offerings, and drive innovation in the AI-driven retail sector [7] Business Context - Rezolve Ai has experienced a surge in demand for its AI solutions, particularly the Brain suite, which is transforming the eCommerce landscape through partnerships with Microsoft and Google [4][5] - The company aims to capitalize on its market-leading position in AI-powered retail innovation, reflecting its financial stability and growth potential [5][6] Loan Structure - The loan facility will be repaid in five manageable installments starting in August 2025, providing financial flexibility as the company scales [7]
Rezolve Ai Defies the AI Cost Spiral with brainpowa LLM - Smarter, Leaner, and Built for Retail Success - Pioneering DeepSeek’s Approach Years Ahead
Globenewswire· 2025-01-28 13:00
Delivering high-performance AI without the ‘black hole of capital’ required by traditional LLMs, showing that smarter, leaner models can drive better Ai outcomesNEW YORK, Jan. 28, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a leader in AI-driven retail innovation, proudly announces that its groundbreaking large language model, brainpowa, has been engineered from the very outset with a forward-thinking approach to AI efficiency - similar to DeepSeek's methodologies but pioneered by Rezolve Ai more th ...
Rezolve Ai Poised to Transform Retail as Stargate's $500 Billion Investment into AI Supercharges the AI Revolution
GlobeNewswire News Room· 2025-01-22 13:39
NEW YORK, Jan. 22, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a trailblazer in AI-powered retail transformation, celebrates the announcement by President Trump of the creation of Stargate involving a $500 billion commitment to artificial intelligence, as a pivotal moment for the industry. This unprecedented commitment to invest is set to accelerate AI adoption across sectors helping to reinforce Rezolve Ai’s strategic position to redefine the $30 trillion retail market with cutting-edge solutions s ...
Rezolve Ai Applauds Trump Administration's Move to Prioritize Cryptocurrency as a National Initiative
Newsfilter· 2025-01-17 15:40
NEW YORK, Jan. 17, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ:RZLV), a leader in AI-driven retail innovation, welcomes the recent announcement by the Trump Administration of its intention to designate cryptocurrency as a national priority. This move underscores the growing recognition of digital assets as a potential transformative force in the global economy and aligns closely with Rezolve Ai's ongoing initiatives to integrate cryptocurrency into mainstream retail experiences. This development further rei ...
Rezolve Ai Applauds Trump Administration's Move to Prioritize Cryptocurrency as a National Initiative
Globenewswire· 2025-01-17 15:40
Core Insights - The Trump Administration's announcement to designate cryptocurrency as a national priority highlights the increasing recognition of digital assets in the global economy, aligning with Rezolve Ai's initiatives to integrate cryptocurrency into retail experiences [1][3] - Rezolve Ai's collaboration with Tether aims to create a non-custodial crypto wallet within the Rezolve Brain Checkout platform, enabling consumers to use any cryptocurrency for purchases globally, thus promoting adoption and access to digital currencies [2][3] Company Initiatives - Rezolve Ai is focused on embedding cryptocurrency capabilities into its Brain Checkout platform, which is expected to bridge the gap between digital innovation and practical retail applications [3] - The company believes that the national prioritization of cryptocurrency will foster innovation, regulatory clarity, and accelerate adoption across various industries, particularly retail [3] Company Overview - Rezolve Ai (NASDAQ: RZLV) specializes in AI-powered solutions aimed at enhancing customer engagement, operational efficiency, and revenue growth through its Brain Suite [4]
Rezolve Ai to Present at Sidoti Micro-Cap Investor Conference January 22-23, 2025
Globenewswire· 2025-01-16 14:15
NEW YORK, Jan. 16, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (Nasdaq: RZLV), a global leader in AI-driven retail and commerce solutions today announces that Daniel M. Wagner, Founder, Chairman, and CEO, will present and host one-on-one meetings with investors at the Sidoti Micro-Cap Virtual Conference, taking place on January 22-23, 2025. Conference details: Presentation: Wednesday, January 22, 2025, at 9:15am EST Presentation link: click here to register; available via Zoom Conference registration: Available on ...