Information Data Exchange® (IDE)

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Datavault AI Converts $13.3 Million in Convertible Debt, Strengthens Balance Sheet
Globenewswire· 2025-10-02 22:18
Core Insights - Datavault AI Inc. has successfully converted long-term notes with an original face value of $13.3 million, significantly strengthening its balance sheet [1][2] - The conversion of these notes is viewed as a strategic milestone that supports the accelerated launch of independent data exchanges (IDEs) and the development of supercomputing capabilities in collaboration with IBM [2] - The company recently secured a $150 million strategic equity investment in Bitcoin from Scilex, a Nasdaq-listed biotech company, which aligns with Datavault AI's focus on the biotech sector as a primary target market [2] Company Overview - Datavault AI is a leader in AI-driven data experiences, focusing on the valuation and monetization of assets within the Web 3.0 environment [3] - The company's cloud-based platform offers comprehensive solutions across various industries, including sports & entertainment, biotech, education, fintech, real estate, healthcare, and energy [3] - Datavault AI's technology suite includes patented technologies for audio transmission and high-performance computing solutions for data perception, valuation, and secure monetization [3] - The Information Data Exchange (IDE) enables the creation of Digital Twins and the licensing of name, image, and likeness (NIL), promoting responsible AI practices [3]
Datavault AI Clarifies Disclosures on Recently Reported Management Associated Vesting Schedule Filings
Businesswire· 2025-09-05 18:48
Core Viewpoint - Datavault AI Inc. clarifies that recent insider stock sales were made to cover tax obligations related to the vesting of incentive share grants, and the reporting officers have not sold any of their shares [1][2]. Company Overview - Datavault AI Inc. (Nasdaq: DVLT) specializes in AI-driven data monetization and operates a cloud-based platform that offers solutions across various industries, including sports, biotech, education, and healthcare [3]. - The company’s technology suite includes patented technologies in its Acoustic Science Division and leverages high-performance computing in its Data Science Division to provide secure monetization and valuation of data [3]. Financial Performance - In Q2 2025, Datavault AI reported recognized revenue of $1.7 million, reflecting a significant year-over-year growth of 467% [7]. - The company also secured a $2.5 million licensing deal with Nyiax during the same quarter [7].