Latest news with #RezolveAi
Economic Times
a day ago
- Business
- Economic Times
UK-based Rezolve Ai appoints Sauvik Banerjjee as global CEO of products, tech, digital services
Nasdaq-listed Rezolve Ai has named Sauvik Banerjjee, former chief technology officer (CTO) at Tata Digital, as its president of global professional services and chief digital officer (CDO). Banerjjee, who comes with over 25 years of experience in scaling multimarket technology programmes and services, was a founding member of Accenture Digital, where he led its ecommerce vertical, and held the position of global CTA for SAP. Last week, Rezolve Ai, the company reinventing retail through real-time AI-driven consumer engagement, announced the creation of Rezolve Ai Professional Services, a new global growth platform formed in response to surging customer demand after the company locked in more than $70 million in annual recurring revenue (ARR). 'Enterprises are racing from AI pilots to production at breakneck speed. Locking in $70 million ARR so early in the year proved that customers want more than a platform; they want a partner to deliver business impact today. Rezolve Ai Professional Services, under Sauvik's leadership, makes us that partner, squarely challenging incumbents across the consulting and AI-deployment landscape,' said Daniel M Wagner, CEO, Rezolve Ai Ltd. The new division positions Rezolve AI as a competitor to professional services giants like Accenture and data labelling leaders such as Scale AI, especially significant as Meta Platforms buys a 49% stake in Scale AI for $14.3 billion. 'Rezolve Ai's technology is already transforming commerce. Our mission now is to make sure every enterprise can unlock the full power of Brain Suite, rapidly, responsibly, and at a global scale. We will take clients from experimentation to enterprise-wide execution, turning AI ambition into measurable results,' said Banerjjee. Rezolve Ai's platform supports over 50 enterprise customers and engages 16.5 million monthly active users across 42 million devices. The new professional services division is expected to accelerate adoption further as organisations seek expertise to integrate AI across all layers of Ai specialises in enhancing customer engagement, operational efficiency, and revenue growth. The Brain Suite delivers advanced tools that harness AI to optimise processes, improve decision-making, and enable seamless digital experiences.
Yahoo
a day ago
- Business
- Yahoo
Rezolve Ai Establishes Global Professional Services Division Amid Surging Demand in $500 Billion Enterprise AI Market
Former Accenture Global Commerce Head & Tata Digital founder and CTO Named President Move Follows Rezolve Ai's $70 Million ARR Break-Through and Comes as Meta buys a 49% stake in Ai-services player Scale AI for $14.3 Billion NEW YORK, June 26, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), the company reinventing retail through real-time AI-driven consumer engagement, today announced the creation of Rezolve Ai Professional Services, a new global growth platform formed in direct response to surging customer demand after the company locked in more than $70 million in annual recurring revenue (ARR) months ahead of plan. The division positions Rezolve Ai to compete head-to-head with professional-services heavyweights such as Accenture and the data-labeling specialists at Scale AI - especially significant as Meta Platforms buys a 49% stake in Scale AI for $14.3 billion. Industry analysts forecast that enterprise AI services spending will eclipse $500 billion by 2030, underscoring the vast market Rezolve Ai now intends to capture. Sauvik Banerjjee to Lead Global ExpansionHeading the division is Sauvik Banerjjee, an Indian technologist with over two decades of experience scaling multimarket technology programs and services. Banerjjee was a founding member of Accenture Digital, led its eCommerce vertical, served as Chief Technology Officer at Tata Digital and held the role of Global CTA for SAP. He now joins Rezolve Ai as President, Global Professional Services and Chief Digital Officer. Delivering Strategy-to-Scale ExecutionRezolve Ai Professional Services will provide: C-suite advisory on AI roadmaps Data & architecture readiness assessments Tailored Brain Suite model training and integration Change-management and continuous optimization Delivery hubs in UK, USA, Europe and Asia will give enterprise clients 24/7 coverage. Daniel M Wagner, Founder, Chairman & CEO, Rezolve Ai, said:'Enterprises are racing from AI pilots to production at break-neck speed. Locking in $70 million ARR so early in the year proved customers want more than a platform they want a partner to deliver business impact today. Rezolve Ai Professional Services, under Sauvik's leadership, makes us that partner, squarely challenging incumbents across the consulting and AI-deployment landscape.' Sauvik Banerjjee, President, Rezolve Ai Global Professional Services, added:'Rezolve Ai's technology is already transforming commerce. Our mission now is to make sure every enterprise can unlock the full power of Brain Suite, rapidly, responsibly, and at global scale. We will take clients from experimentation to enterprise-wide execution, turning AI ambition into measurable results.' Momentum & Market OpportunityRezolve Ai's platform supports 50+ enterprise customers and engages 16.5 million monthly active users across 42 million devices. The new Professional Services division is expected to accelerate adoption further as organizations seek trusted expertise to integrate AI across every layer of operations. With this launch, Rezolve Ai blends the precision of a product company with the reach of a global services powerhouse, poised to capture a significant share of the burgeoning enterprise AI services market. About Rezolve AiRezolve Ai (NASDAQ: RZLV) is an industry leader in AI-powered solutions, specializing in enhancing customer engagement, operational efficiency, and revenue growth. The Brain Suite delivers advanced tools that harness artificial intelligence to optimize processes, improve decision-making, and enable seamless digital experiences. For more information, visit Forward-Looking StatementsThis press release includes 'forward-looking statements' within the meaning of the 'safe harbor' provisions of the Private Securities Litigation Reform Act of 1996. The actual results of Rezolve AI plc ('Rezolve') may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as 'expect', 'estimate', 'project', 'budget', 'forecast', 'anticipate', 'intend', 'plan', 'may', 'will', 'could', 'should', 'believes', 'predicts', 'potential', 'continue', and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Rezolve's expectations with respect to the success of its professional services division and the services Rezolve's professional services division is expected to provide. These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. You should carefully consider the risks and uncertainties described in the 'Risk Factors' section of Rezolve's Annual Report on Form 20-F and its subsequent filings made with the SEC. These filings identify and address other important risks and uncertainties that could cause actual events and results to differ materially from those contained in the forward-looking statements. Most of these factors are outside Rezolve's control and are difficult to predict. Factors that may cause such differences include, but are not limited to: (1) competition, the ability of Rezolve to grow and manage growth profitably, and retain its management and key employees; (2) changes in applicable laws or regulations; and (3) weakness in the economy, market trends, uncertainty and other conditions in the markets in which Rezolve operates, and other factors beyond its control, such as inflation or rising interest rates. Rezolve cautions that the foregoing list of factors is not exclusive and not to place undue reliance upon any forward-looking statements, including projections, which speak only as of the date made. Except as required by applicable law, Rezolve does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances, or otherwise. Media ContactRezolve AiUrmee Khan - Global Head of Communicationsurmeekhan@ 7576 094 040 Investor ContactCORE IR+15162222560investors@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Time of India
a day ago
- Business
- Time of India
UK-based Rezolve Ai appoints Sauvik Banerjjee as global CEO of products, tech, digital services
Academy Empower your mind, elevate your skills Nasdaq-listed Rezolve Ai has named Sauvik Banerjjee , former chief technology officer (CTO) at Tata Digital , as its president of global professional services and chief digital officer (CDO).Banerjjee, who comes with over 25 years of experience in scaling multimarket technology programmes and services, was a founding member of Accenture Digital, where he led its ecommerce vertical, and held the position of global CTA for week, Rezolve Ai, the company reinventing retail through real-time AI-driven consumer engagement , announced the creation of Rezolve Ai Professional Services, a new global growth platform formed in response to surging customer demand after the company locked in more than $70 million in annual recurring revenue (ARR).'Enterprises are racing from AI pilots to production at breakneck speed. Locking in $70 million ARR so early in the year proved that customers want more than a platform; they want a partner to deliver business impact today. Rezolve Ai Professional Services, under Sauvik's leadership, makes us that partner, squarely challenging incumbents across the consulting and AI-deployment landscape,' said Daniel M Wagner, CEO, Rezolve Ai new division positions Rezolve AI as a competitor to professional services giants like Accenture and data labelling leaders such as Scale AI, especially significant as Meta Platforms buys a 49% stake in Scale AI for $14.3 billion.'Rezolve Ai's technology is already transforming commerce. Our mission now is to make sure every enterprise can unlock the full power of Brain Suite , rapidly, responsibly, and at a global scale. We will take clients from experimentation to enterprise-wide execution, turning AI ambition into measurable results,' said Ai's platform supports over 50 enterprise customers and engages 16.5 million monthly active users across 42 million devices. The new professional services division is expected to accelerate adoption further as organisations seek expertise to integrate AI across all layers of Ai specialises in enhancing customer engagement, operational efficiency, and revenue growth. The Brain Suite delivers advanced tools that harness AI to optimise processes, improve decision-making, and enable seamless digital experiences.
Yahoo
5 days ago
- Business
- Yahoo
This Under-$5 AI Stock Is Joining the Russell 2000 Index. Should You Buy It Now?
Rezolve Ai (RZLV) is making waves in the AI enterprise software space, as the tech stock joined the Russell 2000 and Russell 3000 indexes effective today, June 27. Valued at a market cap of $614.4 million, Rezolve Ai announced in June that it achieved annual recurring revenue of $70 million and expects to surpass $100 million in ARR by the end of 2025. Its strategic partnerships with tech giants Microsoft (MSFT) and Google (GOOGL)have bolstered Rezolve's credibility. The company integrated its proprietary Brainpowa large language model into Microsoft Azure and expanded distribution through Google Cloud Marketplace, providing scale opportunities. Dear Nvidia Stock Fans, Watch This Event Today Closely 3 ETFs Offering Juicy Dividend Yields of 15% or Higher Nvidia Could Send This AI Networking Stock 6 Feet Underground Markets move fast. Keep up by reading our FREE midday Barchart Brief newsletter for exclusive charts, analysis, and headlines. The Russell index inclusion is noteworthy, as these benchmarks have attracted over $10.6 trillion in institutional assets. The index inclusion increases visibility among institutional investors and can drive the AI stock higher in the near term. CEO Daniel Wagner emphasized that joining the Russell indexes reflects 'rapidly growing investor recognition' of its AI-powered commerce solutions, which target the retail, logistics, and financial services sectors. However, investors should exercise caution when investing in small-cap AI stocks, as volatility remains high amid rising competition. So, let's see if you should buy Rezolve AI stock right now. Rezolve is positioning itself at the forefront of the AI-driven commerce transformation through its comprehensive Brain Suite platform. Its strategic approach centers on its proprietary Brain Suite, featuring three core components: Brain Commerce for AI-powered conversational commerce, Brain Checkout for seamless engagement platforms, and Brain Assistant for intelligent knowledge management. This integrated approach addresses critical pain points in the e-commerce customer journey, from initial search to final transaction. Its partnerships with Microsoft and Google provide leverage, as cloud customers can apply their existing commitments toward Rezolve subscriptions while sales teams receive incentives to promote the Brain Suite. Rezolve's collaboration with Tether (USDTUSD) to develop merchant-friendly cryptocurrency payment solutions should eliminate transaction fees while expanding payment options. This initiative could disrupt the traditional payments landscape and create additional revenue streams. Rezolve has strengthened its capital structure by eliminating convertible debt and securing a $30 million bank facility, providing the financial runway necessary for aggressive expansion. While Rezolve reported an EBITDA loss of $44 million in 2024, it expects to break even in 2025. Rezolve AI represents a compelling growth story in the rapidly expanding AI solutions market, targeting the estimated $480 billion to $540 billion global opportunity for generative AI. Each of the five analysts covering RZLV stock recommends a 'Strong Buy.' The analysts have an average stock price target of $5.65 for the tech stock, 110% above the current price. On the date of publication, Aditya Raghunath did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
29-05-2025
- Business
- Yahoo
Rezolve Ai to Participate in the 2025 Virtual Tech Conference Presented by Maxim Group LLC
NEW YORK, May 29, 2025 (GLOBE NEWSWIRE) -- Rezolve Ai (NASDAQ: RZLV), a global leader in AI-powered commerce technology, announced that its Chairman and Chief Executive Officer, Daniel M. Wagner, will participate in a fireside chat in the 2025 Virtual Tech Conference presented by Maxim Group LLC on Tuesday, June 3, 2025 at 1:00 p.m. Eastern Time. A link to the live session, which will be held on the M-Vest Platform and require conference registration, can be found at About Rezolve AiRezolve Ai (NASDAQ: RZLV) is an industry leader in AI-powered solutions, specializing in enhancing customer engagement, operational efficiency, and revenue growth. The Brain Suite delivers advanced tools that harness artificial intelligence to optimize processes, improve decision-making, and enable seamless digital experiences. For more information, visit Investor ContactCORE IR+15162222560investors@ Media ContactRezolve AiUrmee Khan - Global Head of Communicationsurmeekhan@ 7576 094 040Sign in to access your portfolio
