Multimedia Update -- Microsoft and Rezolve AI Partner to Drive Global Retail Innovation with AI-Powered Commerce Solutions
04 October 2024 - 12:15AM
Microsoft Corporation (NASDAQ: MSFT) and Rezolve AI (NASDAQ: RZLV),
a global leader in AI-powered commerce solutions, today announced a
strategic partnership to empower retailers with advanced
capabilities for digital engagement. Through this collaboration,
Rezolve AI’s Brain Suite – including Brain Commerce, Brain
Checkout, and Brain Assistant – will be powered by Microsoft Azure
and available globally via Microsoft’s Azure Marketplace and
co-sell channels.
This partnership aims to empower retailers to transform their
customer engagement and operations with advanced AI solutions
powered by the Microsoft Cloud. In addition, Microsoft will extend
extensive Go-to-Market (GTM) and co-sell support, providing
marketing, sales, and technical support to accelerate Rezolve AI's
market penetration over the next five years.
"The potential for Generative AI to transform retailers'
businesses is immense,” said Nick Parker, President of Industry
& Partnerships at Microsoft. “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."
"Partnering with Microsoft is an exciting opportunity,” said
Daniel M. Wagner, CEO of Rezolve AI. “Its global reach and advanced
Azure infrastructure combined with our Brain Suite create a
powerful synergy that will revolutionize retail and commerce.
Together, we’re making it easier for retailers to harness the power
of AI to boost engagement, streamline processes, and drive
growth."
Empowering Retailers with Scalable AI Solutions that
address Friction in eCommerce and Digital Channels
Retailers today face significant challenges with their ecommerce
solutions, including managing complex customer journeys, ensuring
seamless checkout processes, and integrating AI-driven insights to
enhance customer engagement and boost conversions. Rezolve AI’s
Brain Suite, featuring Brain Commerce, Brain Checkout, and Brain
Assistant, addresses these issues by providing intelligent,
integrated solutions that streamline operations, personalize
customer interactions, and drive sales growth.
Key Aspects of the Partnership:
- Levelling Up Digital and Commerce Engagement:
By integrating the Brain Suite with Microsoft Azure, Rezolve AI
offers retailers scalable and secure AI capabilities, backed by
Azure’s enterprise-grade infrastructure, that are designed to
reduce cart abandonment. For example, Brain Suite allows
conversational engagement with digital and commerce channels in 95
languages, which can help retailers speed up the check-out flow as
well as provide comprehensive generative AI-supported customer
support. Additionally, Azure customers will benefit from
pre-configured solutions that streamline deployment, offering rapid
ROI and operational efficiencies.
- Global Distribution via Azure Marketplace:
Rezolve AI’s Brain Suite will be listed on the Microsoft Azure
Marketplace, providing seamless access for retailers globally to
leverage AI-driven solutions for commerce.
- Extensive Go-to-Market and Co-Sell Support:
The partnership will leverage co-sell and marketing support across
five years, including:
- Marketing: Joint marketing campaigns, PR, and
field enablement.
- Co-Sell Support: Access to Microsoft’s 35,000
incentivized sellers and marketplace rewards to accelerate customer
acquisition.
- ISV Success Benefits: Access to Microsoft AI
Cloud Partner Program benefits, unlocking incentives, co-sell
readiness and technical support.
- Industry Leadership in AI and Retail: The
partnership further strengthens Microsoft’s leadership in
Generative AI solutions for retail, enabling retailers to stay
competitive by adopting cutting-edge AI tools that personalize
customer experiences and improve business outcomes.
About Microsoft Microsoft (Nasdaq “MSFT”
@microsoft) creates platforms and tools powered by AI to deliver
innovative solutions that meet the evolving needs of our customers.
The technology company is committed to making AI available broadly
and doing so responsibly, with a mission to empower every person
and every organization on the planet to achieve more.
About Rezolve AI Rezolve AI (NASDAQ: RZLV) is a
leader in AI-powered solutions for commerce and retail, focused on
transforming customer engagement, streamlining transactions, and
driving revenue growth. The company’s Brain Suite of products—Brain
Commerce, Brain Checkout, and Brain Assistant—harness the power of
AI to provide personalized, frictionless shopping experiences and
improve business outcomes for retailers and brands worldwide. For
more information, visit www.rezolve.com.
Media Contacts:
Microsoft Corporation Microsoft Media
Relations, WE Communications(425)
638-7777rapidresponse@we-worldwide.com
Rezolve AIUrmee Khan Global Head of
Communications urmeekhan@rezolve.com +44 7576 094
040
A video accompanying this announcement is available
at https://www.globenewswire.com/NewsRoom/AttachmentNg/3bbefb29-67ee-4ae8-9a3e-ebc2393b4ea6
Rezolve AI (NASDAQ:RZLV)
Historical Stock Chart
From Nov 2024 to Dec 2024
Rezolve AI (NASDAQ:RZLV)
Historical Stock Chart
From Dec 2023 to Dec 2024