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Rezolve AI Set To Ride The AI Wave - What's Going On?
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Rezolve AI Set To Ride The AI Wave - What's Going On?
Sep 21, 2024 12:01 PM

Rezolve AI Limited ( RZLV ) shares are trading higher on Thursday after the company commended Microsoft Corporation ( MSFT ) and BlackRock, Inc ( BLK ).’s $30 billion investment in AI infrastructure.

Earlier this week, Microsoft ( MSFT ) partnered with investment company BlackRock ( BLK ) and several other partners on a new $30 billion investment fund to target the growing artificial intelligence sector.

The new investment, which adds to Microsoft’s growing bets on the AI space, includes the participation of BlackRock ( BLK ), Global Infrastructure Partners and MGX.

Related: BlackRock ( BLK ), Microsoft ( MSFT ), Others Team Up For $30B Artificial Intelligence Fund: Help US Fuel ‘AI Innovation And Economic Growth’

Rezolve AI ( RZLV ) said it is set to capitalize on the AI infrastructure upgrade, enhancing its proprietary solutions like the Brain Suite, driven by the brainpowa LLM, to advance hyper-personalization in commerce and customer engagement.

The investment by Microsoft ( MSFT ) and BlackRock ( BLK ) underscores AI’s transformative potential on a large scale, positioning Rezolve AI ( RZLV ) to lead this evolution in the commerce sector.

Daniel M. Wagner, CEO of Rezolve AI ( RZLV ), said, “The substantial investment by Microsoft ( MSFT ) and BlackRock ( BLK ) into AI infrastructure reflects the accelerating pace of AI adoption across every industry.”

“For companies like Rezolve AI ( RZLV ), this investment marks a pivotal shift in the landscape, providing the technological foundation that will allow AI innovators to scale more rapidly and deliver increasingly sophisticated solutions.”

“As a company committed to revolutionizing commerce through our suite of AI products, including Brain Commerce and Brain Checkout, we view this as a tremendous opportunity to leverage the evolving infrastructure and collaborate with major players in AI.”

Also, Rezolve AI ( RZLV ) responded to OpenAI’s new release, “Strawberry.” CEO Daniel M. Wagner emphasized his conviction that the future of AI lies in industry-specific solutions tailored to vertical markets.

Price Action: RZLV shares are up 41.7% at $6.73 at the last check Thursday.

Image via Shutterstock

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