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Retail AI Runs on AMD EPYC™
AMD· 2026-03-23 17:01
Shopping has evolved into a fast paced digital experience, but slow checkouts and disconnected systems can frustrate customers and cost retailers sales. AMD Retail AI solutions, powered by AMD EPYC Server CPUs, bring intelligence directly to the point of sale. Fast, reliable checkout cameras for AI-powered shopping assistants help customers find exactly what they need, all running efficiently on cost-effective, enterprise-ready EPYC CPUs.No massive infrastructure overhaul required. Retail AI runs on AMD EPY ...
Alpha Modus Files Patent-Infringement Lawsuit Against Adroit Worldwide Media (AWM) Over Cashierless and Smart-Shelf Technologies
Globenewswire· 2025-11-05 12:00
Core Viewpoint - Alpha Modus Holdings, Inc. has filed a federal patent-infringement lawsuit against Adroit Worldwide Media, Inc. for unauthorized use of its patented retail-intelligence and cashierless-checkout technologies [1][2]. Group 1: Patent Infringement Details - The lawsuit claims infringement of four U.S. patents related to real-time inventory management, personalized shopper engagement, and automated checkout experiences [2]. - Alpha Modus alleges that AWM's products, including AWM Frictionless and Smart Shelf, utilize its patented methods without authorization [2][3]. Group 2: Legal Actions and Objectives - The complaint seeks damages, enhanced penalties for willful infringement, and a permanent injunction against further violations by AWM [3]. - Alpha Modus emphasizes the importance of its intellectual property (IP) in the retail AI sector and aims to protect shareholder value through decisive legal actions [4]. Group 3: Strategic Enforcement - This lawsuit is part of a broader strategy by Alpha Modus to enforce its patents and strengthen its monetization pipeline [5]. - The company’s patent portfolio includes technologies that enhance in-store analytics and customer engagement, bridging online and offline retail experiences [4][6].
UPDATE -- Rezolve Ai Smashes Past $50 Billion in GMV in Explosive Start to 2025, Over 50 Major Enterprises Now Live and Scaling
Globenewswire· 2025-04-24 13:41
Core Insights - Rezolve Ai reported immaterial revenue for 2024 as it focused on establishing a strategic foundation for commercial scale, with significant growth in platform usage expected in 2025 [1] - The company is now operational with over 50 enterprise customers, including notable brands like Liverpool and KFC, indicating strong market traction [2] - The CEO emphasized that 2025 marks a pivotal year for retail AI, with the platform driving billions in commerce and accelerating demand for AI-powered engagement [3] Financial Performance - Rezolve Ai's financial foundation was strengthened in 2024 through a $59 million debt-to-equity conversion, a $15 million growth capital raise, and a new $30 million loan facility [7] - The company secured a $9.8 million annual contract with Liverpool Mexico, contributing significantly to 2025 revenues [8] Platform Metrics - As of 2025, Rezolve's technology is embedded in over 41.9 million consumer devices, with 16.5 million monthly active users [9] - The platform has processed over $50 billion in Gross Merchandise Value (GMV) this year, averaging $3.3 billion per week, with over 13.5 million transactions executed year-to-date [10] - The platform delivered over 8 billion API calls, an 80% increase year-on-year, and 27.9 million GeoZone triggers for context-aware promotions [10] Strategic Outlook - Rezolve Ai anticipates achieving a $100 million estimated Annual Recurring Revenue (ARR) target by year-end 2025, driven by new deployments and contracts [12] - The company is focused on disciplined capital allocation while remaining open to strategic acquisitions that enhance value [13]
Rezolve Ai Smashes Past $50 Billion in GMV in Explosive start to 2025, Over 50 Major Enterprises Now Live and Scaling
Globenewswire· 2025-04-24 12:00
Core Insights - Rezolve Ai reported immaterial revenue for 2024, focusing on establishing a strategic foundation for commercial scale, with significant growth in platform usage expected in 2025 [1] - The company has over 50 enterprise customers, including notable brands like Liverpool and KFC, indicating strong market traction [2] - The CEO emphasized that 2025 marks a pivotal year for retail AI, with the platform driving billions in commerce and accelerating demand for AI-powered engagement [3] Financial Performance - Rezolve Ai's financial foundation was strengthened through a $59 million debt-to-equity conversion, a $15 million growth capital raise, and a new $30 million loan facility [7] - The company secured a $9.8 million annual contract with Liverpool Mexico, contributing significantly to 2025 revenues [8] Platform Metrics - The platform is embedded on over 41.9 million consumer devices, with 16.5 million monthly active users, delivering over 8 billion API calls and 27.9 million GeoZone triggers in 2025 [9][10] - The platform processed over $50 billion in Gross Merchandise Value (GMV) so far in 2025, averaging $3.3 billion per week, with over 13.5 million transactions executed year-to-date [10] Strategic Initiatives - Rezolve Ai completed its NASDAQ listing in August 2024 and launched strategic partnerships with Microsoft and Google [11] - The company is pursuing a transformative crypto payment initiative with Tether, set to launch this year [11] Future Outlook - Rezolve Ai anticipates achieving a $100 million estimated Annual Recurring Revenue (ARR) target by year-end 2025, driven by new deployments and enterprise contracts [12] - The company is focused on disciplined capital allocation while remaining open to strategic acquisitions [13]
Rezolve Ai Smashes Past $50 Billion in GMV in Explosive start to 2025, Over 50 Major Enterprises Now Live and Scaling
Newsfilter· 2025-04-24 12:00
Core Insights - Rezolve Ai reported immaterial revenue for 2024, focusing on establishing a strategic foundation for commercial scale, with significant growth in platform usage expected in 2025 [1][3] - The company is now operational with over 50 enterprise customers, including notable brands like Liverpool and KFC, indicating strong market traction [2][3] Financial Performance - The company achieved a $59 million debt-to-equity conversion, a $15 million growth capital raise, and secured a new $30 million loan facility, enhancing its financial stability [7] - Rezolve Ai anticipates reaching a $100 million estimated Annual Recurring Revenue (ARR) by year-end 2025, driven by new contracts and deployments [12] Platform Metrics - As of 2025 YTD, Rezolve's platform processed over $50 billion in Gross Merchandise Value (GMV), averaging $3.3 billion per week, with over 13.5 million transactions executed [10] - The platform is embedded on 41.9 million consumer devices, with 16.5 million monthly active users, and has delivered over 8 billion API calls, reflecting an 80% year-on-year increase [9][10] Strategic Initiatives - Rezolve Ai has formed strategic partnerships with Microsoft and Google, and launched a transformative crypto payment initiative with Tether [11] - The company is committed to disciplined capital allocation while remaining open to acquisitions that provide strategic value [13]