EXCLUSIVE: Zapata AI Partners With US Special Operations To Deliver Real-time Intelligence For Warfighters
Portfolio Pulse from Anusuya Lahiri
Zapata Computing Holdings Inc (NASDAQ:ZPTA) has entered a Cooperative Research and Development Agreement (CRADA) with the U.S. Special Operations Command (USSOCOM) to provide advanced AI tools for real-time intelligence and decision-making. The partnership aims to enhance USSOCOM's operational readiness and situational awareness using Zapata's Orquestra platform. Financial terms were not disclosed. ZPTA shares rose by 5.71% premarket.
August 13, 2024 | 10:50 am
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Zapata Computing Holdings Inc (NASDAQ:ZPTA) has entered a CRADA with USSOCOM to provide advanced AI tools for real-time intelligence and decision-making. This partnership is expected to enhance USSOCOM's operational readiness and situational awareness using Zapata's Orquestra platform. ZPTA shares rose by 5.71% premarket.
The partnership with USSOCOM is a significant development for Zapata AI, enhancing its credibility and potential for future government contracts. The immediate market reaction, with shares rising 5.71% premarket, indicates positive investor sentiment.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100