Rezolve AI Shares Climb on Microsoft Retail Partnership
By Don Nico Forbes
Shares in Rezolve AI jumped after outlining a partnership with Microsoft to provide AI-powered commerce solutions to global retailers.
Shares were recently up 28% at $8.72.
Under the agreement, Rezolve's Brain Suite--including Brain Commerce, Brain Checkout, and Brain Assistant--will be powered by Microsoft Azure and available through Microsoft's Azure Marketplace and co-sell channels, the companies said.
"Through this partnership, we will combine the power of the Microsoft Cloud with Rezolve's purpose-built solutions built on their unique Gen AI models, to bring a differentiated conversational AI experience to our mutual customers. Together, we can provide retailers with the tools they need to personalize shopping experiences and streamline operations at scale," said Nick Parker, president of industry & partnerships at Microsoft.
Write to Don Nico Forbes at don.forbes@wsj.com
(END) Dow Jones Newswires
October 03, 2024 09:46 ET (13:46 GMT)
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