AACI

The Kingdom of Saudi Arabia and Rezolve AI Ink Pioneering MOU to Establish Global AI Market Leaders

Retrieved on: 
Monday, March 18, 2024

LONDON, March 18, 2024 (GLOBE NEWSWIRE) -- In a strategic move that highlights the Kingdom of Saudi Arabia's commitment to technological advancement and economic growth, the Ministry of Investment of Saudi Arabia (MISA) has forged a groundbreaking partnership with Rezolve AI Limited. This collaboration is set to revolutionize the artificial intelligence (AI) landscape, establishing an AI Centre of Excellence in Saudi Arabia as a cornerstone of Vision 2030's innovation and development goals.

Key Points: 
  • Upon closing of the transaction, the combined company’s shares are expected to trade on the Nasdaq under the ticker symbol “ZONE”.)
  • This collaboration is set to revolutionize the artificial intelligence (AI) landscape, establishing an AI Centre of Excellence in Saudi Arabia as a cornerstone of Vision 2030's innovation and development goals.
  • • Creation of Global Market Leaders: In partnership with the Ministry of Investment, the goal is to launch at least five AI ventures in diverse market sectors, funded and headquartered locally, each aspiring to become global market leaders.
  • These ventures will leverage Rezolve's cutting-edge AI Large Language Model (brainpowa) to foster innovation and ensure global leadership without succumbing to AI hallucinations.

Global Artificial Intelligence Market Expected to Grow to $1.3 Trillion by 2023

Retrieved on: 
Monday, March 18, 2024

A report from MarketsAndMarkets said that the global artificial intelligence market size was valued at USD 150.2 billion in 2023 and is expected to grow at a CAGR of 36.8% from 2023 to 2030.

Key Points: 
  • A report from MarketsAndMarkets said that the global artificial intelligence market size was valued at USD 150.2 billion in 2023 and is expected to grow at a CAGR of 36.8% from 2023 to 2030.
  • The report added: “The increasing adoption of autonomous artificial intelligence (AI) is driving the growth of the Artificial Intelligence Industry.
  • As technology advances and more industries recognize its benefits, the Artificial Intelligence (AI) Market size is poised for expansion, fostering innovation and new opportunities.”   Active A.I.
  • MarketsAndMarkets continued: “The exponential ai growth statistics of digital data from various sources presents immense opportunities for the AI market.

UPDATE - AI set to transform eCommerce in Germany as Händlerbund and Rezolve join forces to overhaul traditional model

Retrieved on: 
Wednesday, December 13, 2023

LONDON, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Händlerbund, Europe's largest online trade association, has joined forces with Rezolve AI, the innovative mobile engagement and commerce platform. This strategic alliance aims to supercharge the ecommerce experience for over 200,000 merchants in the DACH region.

Key Points: 
  • Upon closing of the transaction, the combined company’s shares are expected to trade on the NASDAQ under the ticker symbol “ZONE”.)
  • LONDON, Dec. 13, 2023 (GLOBE NEWSWIRE) -- Händlerbund, Europe's largest online trade association, has joined forces with Rezolve AI, the innovative mobile engagement and commerce platform.
  • This strategic alliance aims to supercharge the ecommerce experience for over 200,000 merchants in the DACH region.
  • Dan Wagner, CEO of Rezolve AI, added, "We are thrilled to partner with Händlerbund, a leader in the ecommerce industry.

Rezolve Secures $250 Million Equity Funding from Yorkville Advisors in connection with Upcoming Public Listing

Retrieved on: 
Monday, February 27, 2023

LONDON and NEW YORK, Feb. 27, 2023 (GLOBE NEWSWIRE) -- Rezolve, a leader in mobile commerce and engagement, announced today that it has secured a $250 million capital commitment from Yorkville Advisors, the New Jersey based private alternative investment group, in the form of a share subscription facility. Under the agreement, Yorkville will provide Rezolve with up to $250 million in equity capital for a 36-month term following a public listing of Rezolve’s common stock. Rezolve will not be obligated to draw the full $250 million but can do so in part or in whole at its discretion. Rezolve will control both the timing and amount of all drawdowns and will issue stock to Yorkville on each drawn down from the facility. Proceeds from the Yorkville facility will be used for working capital and general corporate purposes.

Key Points: 
  • I (NASDAQ: AACI), a publicly traded special purpose acquisition company, which business combination agreement was amended on November 10, 2022.
  • Upon closing of the transaction, the combined company’s shares are expected to trade on the NASDAQ under the ticker symbol “ZONE”.)
  • Under the agreement, Yorkville will provide Rezolve with up to $250 million in equity capital for a 36-month term following a public listing of Rezolve’s common stock.
  • Rezolve will not be obligated to draw the full $250 million but can do so in part or in whole at its discretion.

Rezolve and Grupo Carso enter into strategic partnership to transform Latin American market for Omni Channel Mobile Engagement

Retrieved on: 
Wednesday, January 18, 2023

LONDON and MEXICO CITY, Jan. 18, 2023 (GLOBE NEWSWIRE) -- Rezolve, a leader in mobile commerce and engagement, and Grupo Carso, today announced a strategic partnership that will see Rezolve’s technology integrated into Claro Shop and T1 Comercios, one of Mexico’s largest online marketplaces, and is expected to transform the mobile shopping experience for millions of consumers.

Key Points: 
  • I (NASDAQ: AACI), a publicly traded special purpose acquisition company, which business combination agreement was amended on November 10, 2022.
  • Upon closing of the transaction, the combined company’s shares are expected to trade on the NASDAQ under the ticker symbol “ZONE”.)
  • Claro Shop is a leader in Mexico’s fast-growing ecommerce sector featuring more than 2,000,000 products in thousands of official stores.
  • “We are delighted to announce this agreement with Claro Shop and Grupo Carso,” said Dan Wagner, Rezolve’s Chairman and CEO.

Armada Acquisition Corp. I Extends Deadline To Consummate Business Combination with Rezolve

Retrieved on: 
Friday, November 11, 2022

I (the Company or Armada) announced today that its Board has approved an automatic extension of the deadline for the Company to consummate the business combination with Rezolve Limited from November 17, 2022 to February 17, 2023.

Key Points: 
  • I (the Company or Armada) announced today that its Board has approved an automatic extension of the deadline for the Company to consummate the business combination with Rezolve Limited from November 17, 2022 to February 17, 2023.
  • The business combination between the Company and Rezolve remains subject to the satisfaction of customary closing conditions, including the approval of the stockholders of the Company.
  • Armada is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
  • I and Where to Find It
    This communication relates to the proposed business combination transaction among the Company and Rezolve and the other parties thereto.

Rezolve Launches SmartCodes Designed to Engage Consumers and Drive Instant Transactions

Retrieved on: 
Wednesday, July 13, 2022

LONDON, July 13, 2022 (GLOBE NEWSWIRE) -- Rezolve, a leader in mobile commerce and engagement, today announced the launch of SmartCode, a new trigger built on Rezolve’s platform, designed to provide an efficient approach for merchants to engage consumers and drive instant transactions.

Key Points: 
  • LONDON, July 13, 2022 (GLOBE NEWSWIRE) -- Rezolve, a leader in mobile commerce and engagement, today announced the launch of SmartCode, a new trigger built on Rezolves platform, designed to provide an efficient approach for merchants to engage consumers and drive instant transactions.
  • Designed to be trackable and measurable, SmartCodes enable merchants to capture user data and understand customers profiles with built-in analytics tools, offering business guidance to boost conversions and drive transactions.
  • This communication relates to the proposed business combination transaction among Armada, Rezolve, Rezolve Merger Sub and the other parties thereto.
  • These forward-looking statements include, without limitation, statements with respect to SmartCodes helping merchants obtain new app users; the functionality of SmartCodes; and the impact of SmartCodes on merchants interaction with consumers.

The Appraisal Institute of Canada (AIC) welcomes its new CEO, Tami Hynes

Retrieved on: 
Monday, July 11, 2022

OTTAWA, ON, July 11, 2022 /CNW/ - The Appraisal Institute of Canada's (AIC) Board of Directors is pleased to announce the appointment of Tami Hynes as its new Chief Executive Officer.

Key Points: 
  • OTTAWA, ON, July 11, 2022 /CNW/ - The Appraisal Institute of Canada's (AIC) Board of Directors is pleased to announce the appointment of Tami Hynes as its new Chief Executive Officer.
  • AIC is pleased to announce the appointment of Tami Hynes as its new Chief Executive Officer.
  • Tami holds a B.Comm and an MBA from Memorial University and currently serves as a director of Brain Injury Canada.
  • The Appraisal Institute of Canada (AIC) is a leading real property valuation association with over 5,400 members across Canada and around the world.

Rezolve Strategically Partners with ACI Worldwide to Transform Omni Channel Commerce and Mobile Engagement for Merchants

Retrieved on: 
Wednesday, June 22, 2022

LONDON, June 22, 2022 (GLOBE NEWSWIRE) -- Rezolve, a leader in mobile commerce and engagement and ACI Worldwide (NASDAQ: ACIW), the global leader in mission-critical, real-time payments software, today announced a strategic partnership that will see Rezolve’s technology integrated into the ACI Omni-Commerce solution, a secure omni-channel payment processing platform with the flexibility to support the in-store, online and mobile needs of consumers.

Key Points: 
  • Rezolve, an enterprise SaaS platform designed from the ground up specifically for mobile commerce and engagement, is positioned to become the engine of mobile engagement that enables the transformation of interactions between consumers and merchants on mobile devices.
  • With Rezolve, merchants can lead consumers directly to special offers by using mobile technology including geofencing, notifications on smartphones, Bluetooth beacons, or with watermarked advertisements.
  • ACI will be the first to offer Rezolves leading mobile commerce and engagement platform in North America.
  • Rezolve is taking retailing into a new era of customer engagement with a proprietary mobile engagement platform.

Suzanne de Jong, AACI, P.App Elected as New President to the Appraisal Institute of Canada at 2022 Annual General Meeting

Retrieved on: 
Thursday, June 16, 2022

Ms. de Jong was formally inducted during AIC's 2022 Annual General Meeting held in Edmonton, Alberta on June 10, 2022.

Key Points: 
  • Ms. de Jong was formally inducted during AIC's 2022 Annual General Meeting held in Edmonton, Alberta on June 10, 2022.
  • Announcing the election of Suzanne de Jong, AACI, P.App of London, Ontario as AIC's National President for 2022-2023.
  • Suzanne's appraisal experience spans several decades and has included apartment, office, retail commercial, industrial and residential development land.
  • In 2015, Suzanne was awarded The President's Award of Excellence by the Ontario Association of Appraisal Institute of Canada.