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Palantir enters $200M partnership with telco Lumen for enterprise AI services
TechCrunch· 2025-10-23 15:23
Palantir said on Thursday it had struck a partnership with Lumen Technologies that will see the telecommunications company using the data management company’s AI software to build capabilities to support enterprise AI services.The companies are calling the deal “a multi-year, multi-million-dollar strategic partnership,” but Bloomberg reports, citing anonymous sources, that Lumen is going to spend over $200 million on Palantir’s tech over the course of several years. The agreement will see Lumen pairing Pal ...
Rezolve Ai Establishes Global Professional Services Division Amid Surging Demand in $500 Billion Enterprise AI Market
Globenewswire· 2025-06-26 12:00
Core Insights - Rezolve Ai has launched a new global growth platform, Rezolve Ai Professional Services, in response to increased customer demand, achieving over $70 million in annual recurring revenue (ARR) ahead of schedule [1][5]. Company Developments - The new division aims to compete with established professional services firms like Accenture and Scale AI, especially significant as Meta Platforms acquires a 49% stake in Scale AI for $14.3 billion [2][9]. - Sauvik Banerjjee, with over 20 years of experience in technology and consulting, has been appointed as President of Global Professional Services and Chief Digital Officer [3][9]. - The Professional Services division will provide 24/7 support through delivery hubs located in the UK, USA, Europe, and Asia [4]. Market Opportunity - The enterprise AI services market is projected to exceed $500 billion by 2030, presenting a substantial opportunity for Rezolve Ai [2]. - Rezolve Ai currently supports over 50 enterprise customers and engages 16.5 million monthly active users across 42 million devices, indicating strong market traction [6]. Strategic Goals - The mission of the new division is to assist enterprises in transitioning from AI experimentation to full-scale implementation, ensuring measurable results from AI initiatives [5][7]. - The services offered will include C-suite advisory on AI roadmaps, data and architecture readiness assessments, tailored model training, and change management [10].