Andretti Autosport

Zapata AI Announces First Quarter 2024 Financial Results and Provides Business Update

Retrieved on: 
onsdag, maj 15, 2024

BOSTON, May 15, 2024 (GLOBE NEWSWIRE) -- Zapata Computing Holdings Inc. (“Zapata AI”) (Nasdaq: ZPTA), the Industrial Generative AI company, today announced its financial results for the first quarter of 2024 and provided a business update.

Key Points: 
  • BOSTON, May 15, 2024 (GLOBE NEWSWIRE) -- Zapata Computing Holdings Inc. (“Zapata AI”) (Nasdaq: ZPTA), the Industrial Generative AI company, today announced its financial results for the first quarter of 2024 and provided a business update.
  • Through our quantum-inspired generative AI techniques, Zapata AI is able to tackle important analytics and business intelligence use cases for enterprise customers through our cloud and hardware agnostic open-source platform, Orquestra®,” said Christopher Savoie, CEO and Co-founder of Zapata AI.
  • Subsequent to the end of Q1 2024 through May 10, 2024, Zapata AI raised $5.4 million in additional capital.
  • Zapata AI will host a conference call today, May 15, 2024 at 8:30am ET to discuss its financial results and provide a business update.

Zapata AI Announces Significant Commercial Expansion with Andretti Global

Retrieved on: 
onsdag, april 17, 2024

BOSTON, April 17, 2024 (GLOBE NEWSWIRE) -- Zapata AI (Nasdaq: ZPTA), the Industrial Generative AI company, today announced a $1,000,000 commercial expansion, entered into on March 28, 2024, under its existing agreement with Andretti Global that expands the partnership and formally recognizes Zapata AI as Andretti’s official AI Partner.

Key Points: 
  • BOSTON, April 17, 2024 (GLOBE NEWSWIRE) -- Zapata AI (Nasdaq: ZPTA), the Industrial Generative AI company, today announced a $1,000,000 commercial expansion, entered into on March 28, 2024, under its existing agreement with Andretti Global that expands the partnership and formally recognizes Zapata AI as Andretti’s official AI Partner.
  • The Andretti expansion will contribute to significant, sequential quarter-over-quarter bookings growth for Zapata AI, and is one of numerous customer growth opportunities Zapata is pursuing in financial services, telecom, manufacturing, defense, logistics and other industries.
  • The innovative application will also inform Zapata AI models for other use cases the company is currently delivering for Andretti.
  • To learn more about Zapata AI’s strategic partnership with Andretti, see the Andretti Global case study on Zapata AI’s website.

CES Power Announces Partnership Extension with James Roe for 2024 INDY NXT by Firestone Season

Retrieved on: 
tisdag, mars 26, 2024

MEMPHIS, Tenn., March 26, 2024 (GLOBE NEWSWIRE) -- CES Power, the leading global provider of cutting-edge power generation, distribution, and temperature control equipment, and Irish race car driver James Roe today announced the extension of their partnership for the 2024 INDY NXT™ by Firestone championship season.

Key Points: 
  • MEMPHIS, Tenn., March 26, 2024 (GLOBE NEWSWIRE) -- CES Power, the leading global provider of cutting-edge power generation, distribution, and temperature control equipment, and Irish race car driver James Roe today announced the extension of their partnership for the 2024 INDY NXT™ by Firestone championship season.
  • 29 Topcon Dallara entry of Andretti Global this season in the INDY NXT by Firestone championship, the official development series for the NTT INDYCAR SERIES.
  • “Our renewed partnership with James Roe and the launch of CES Global and CES Technologies represents our commitment to innovation, sustainability, and global growth.
  • The 2024 INDY NXT by Firestone season kicked off on March 10 with Roe featuring the CES Power logo on the sleeves of his race suit and on the front wing of his Andretti Global machine.

Zapata AI and Andretti Acquisition Corp. Announce Closing of Business Combination

Retrieved on: 
torsdag, mars 28, 2024

Zapata Computing, Inc. (“Zapata AI”), the Industrial Generative AI software company developing solutions to solve enterprises’ most difficult, industrial-scale problems, announced today that it has completed its business combination with Andretti Acquisition Corp. (NYSE: WNNR), a special purpose acquisition company.

Key Points: 
  • Zapata Computing, Inc. (“Zapata AI”), the Industrial Generative AI software company developing solutions to solve enterprises’ most difficult, industrial-scale problems, announced today that it has completed its business combination with Andretti Acquisition Corp. (NYSE: WNNR), a special purpose acquisition company.
  • “Today marks an exciting new chapter in Zapata AI’s history that all of our valued stakeholders can be proud of,” said Christopher Savoie, CEO of Zapata AI.
  • Zapata AI's generative AI and optimization offerings include Zapata AI Sense™, a numerical, computational solution, and Zapata AI Prose™, a text-based large language model solution.
  • Paul, Weiss, Rifkind, Wharton & Garrison LLP served as legal counsel to Andretti Acquisition Corp. Foley Hoag LLP served as legal counsel to Zapata AI.

Zapata AI Expected to Trade on the Nasdaq Under Ticker Symbol ZPTA

Retrieved on: 
måndag, mars 18, 2024

The common stock and public warrants of the combined company will trade under the ticker symbols “ZPTA” and “ZPTAW”, respectively.

Key Points: 
  • The common stock and public warrants of the combined company will trade under the ticker symbols “ZPTA” and “ZPTAW”, respectively.
  • “Nasdaq is the most prestigious exchange in the world for high growth technology companies and burgeoning AI organizations,” said Christopher Savoie, CEO of Zapata AI.
  • As a public company, Zapata AI will focus on fueling continued innovation, driving enterprise customer acquisition and advancing Zapata AI’s growth strategy.
  • Karen Snow, Global Head of Listings for Nasdaq, stated: “We are excited to welcome Zapata AI to the Nasdaq family and look forward to supporting their continued growth and success as a Nasdaq listed company."

Zapata AI and Andretti INDYCAR Gear Up to Apply Industrial Generative AI to Race Day Strategy and Analytics in 2024

Retrieved on: 
torsdag, mars 7, 2024

The focal point of their work together this season is applying Zapata AI’s Industrial Generative AI solutions and expertise to give the Andretti INDYCAR team a competitive advantage in pursuit of winning races.

Key Points: 
  • The focal point of their work together this season is applying Zapata AI’s Industrial Generative AI solutions and expertise to give the Andretti INDYCAR team a competitive advantage in pursuit of winning races.
  • “As we head into our third season working with Zapata AI on our INDYCAR program, we’re eager to continue using their expertise to fine-tune the performance on race weekends,” said Michael Andretti, CEO and Chairman of Andretti Global.
  • Data infrastructure integration and enhancement: The Zapata AI and Andretti teams explored novel, data-driven opportunities in these areas.
  • For more information about the Zapata AI and Andretti INDYCAR partnership, check out the case study page and Season 2 highlight video .

OSS Brings AI Edge Compute Solutions to $5 Billion Motorsport Industry with Andretti Global

Retrieved on: 
tisdag, januari 30, 2024

ESCONDIDO, Calif., and INDIANAPOLIS, Jan. 30, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS) has shipped to legendary motorsport champion, Andretti Global , its first AI Transportable compute system for the motorsport industry.

Key Points: 
  • ESCONDIDO, Calif., and INDIANAPOLIS, Jan. 30, 2024 (GLOBE NEWSWIRE) -- One Stop Systems, Inc. (Nasdaq: OSS) has shipped to legendary motorsport champion, Andretti Global , its first AI Transportable compute system for the motorsport industry.
  • An OSS SDS-3U GPU-accelerated server will power advanced AI race analytics for Andretti using Zapata AI’s Industrial Generative AI platform for the cloud and edge, Orquestra.
  • The solution represents a new application of OSS technology and the company’s first foray into the $5.1 billion motorsport industry .
  • “This milestone win demonstrates our unique capabilities for powering generative AI technology at the edge,” noted OSS CEO, Mike Knowles.

MAPEI drives into the fast lane with Andretti Global in 2024

Retrieved on: 
tisdag, januari 23, 2024

MAPEI, a global leader in products for the construction industry, proudly announces our primary partnership with Andretti Global for the No.

Key Points: 
  • MAPEI, a global leader in products for the construction industry, proudly announces our primary partnership with Andretti Global for the No.
  • 98 MAPEI / CURB Honda piloted by Marco Andretti at the 108th Running of the Indianapolis 500.
  • The partnership with Andretti Global represents a fusion of precision engineering and racing prowess, highlighting MAPEI’s commitment to performance excellence.
  • “MAPEI is a global frontrunner in the manufacturing of products specifically tailored for the building industry,” said Luigi Di Geso, President and CEO of MAPEI North America.

Lightning Bolt Electrifies in World Record-Breaking Formula E Race Car

Retrieved on: 
lördag, januari 13, 2024

The world’s fastest man, Usain Bolt, experienced a breath-taking new level of speed and acceleration behind the wheel of Formula E’s world record-breaking GENBETA race car in Mexico City.

Key Points: 
  • The world’s fastest man, Usain Bolt, experienced a breath-taking new level of speed and acceleration behind the wheel of Formula E’s world record-breaking GENBETA race car in Mexico City.
  • View the full release here: https://www.businesswire.com/news/home/20240113623767/en/
    The world’s fastest man, Usain Bolt, experienced a breath-taking new level of speed and acceleration behind the wheel of Formula E’s world record-breaking GENBETA race car in Mexico City.
  • The GENBETA features a range of modifications to effectively ‘unlock’ the specifications of Formula E’s GEN3 race car.
  • What could be more Formula E than bringing together two world record holders – Usain Bolt and our GENBETA race car – just to see what happens?

Zapata AI Welcomes Jon Zorio as Chief Revenue Officer

Retrieved on: 
tisdag, november 21, 2023

Zapata Computing, Inc. (“Zapata AI” or the “Company”), the Industrial Generative AI company, today announced that Jon Zorio has joined the organization as Chief Revenue Officer.

Key Points: 
  • Zapata Computing, Inc. (“Zapata AI” or the “Company”), the Industrial Generative AI company, today announced that Jon Zorio has joined the organization as Chief Revenue Officer.
  • Jon’s track record and successful leadership in scaling global analytics and solutions companies will help Zapata AI accelerate revenue growth while continuing to evolve its enterprise sales and partner relationships to meet the surging market demand for Industrial Generative AI.
  • Zorio brings over two decades of go-to-market leadership experience forged across a range of technology and analytics companies.
  • “We’re excited to have Jon join our company at this critical juncture in our journey to becoming a public company in Q1 2024,” said Christopher Savoie, Zapata AI CEO and co-founder.