Company Overview - Rezolve AI Ltd's revenues are projected to scale quickly, with expectations to exit 2024 with nearly $100 million in annual recurring revenue [1] - Analyst Scott Buck initiated coverage with a Buy rating and a price target of $4 [1] Industry Insights - The global ecommerce industry is expected to grow beyond $5.5 trillion by 2027, driven by factors such as increased internet penetration, smartphone usage, social media, influencer marketing, and improved logistics [2] - This growth presents a significant opportunity for Rezolve to deploy its disruptive AI technology [2] Product and Market Potential - Rezolve AI's solution aims to enhance the shopping experience by mimicking an in-store salesperson, which could potentially reduce the current cart abandonment rate of 70% [3] - Increased spending on AI in the coming years indicates a higher adoption rate from retailers, positioning the company for meaningful growth [3] Stock Performance - At the time of publication, shares of Rezolve AI had risen by 14% to $1.38 [3]