Resolve AI Shares Climb After Google Selects Company to Deploy Its Technology

Dow Jones08-25

Shares of Rezolve AI climbed after the company said Google has chosen to deploy its proprietary distributed database technology within Google Cloud.

The stock jumped 21%, to $2.94, in morning trading Tuesday. Shares are up about 2.2% year to date.

Rezolve said before the bell that Google has selected its technologies following an extensive technical evaluation.

Rezolve's technology will be deployed at the infrastructure level within Google Cloud, providing the indexing and data pipelines behind Google Cloud Web3's blockchain datasets and helping keep information accurate, complete, current and ready to query, the company said.

The selection represents the first major commercial deployment of Rezolve's distributed database platform by one of the world's leading technology companies, it added.

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