Blockchain Registration Transaction Record

Datavault AI Emerges as AI Powerhouse with $150M Scilex Investment

Datavault AI secures $150M from Scilex and IBM support, transforming into AI growth leader. Company's Web 3.0 platform enables data valuation across biotech, healthcare & entertainment sectors.

This development matters because it signals a significant shift in the AI and data monetization landscape, where smaller companies with innovative technology are attracting major strategic investments from established players. The $150 million investment from Scilex and IBM's technical support demonstrate growing confidence in Datavault's Web 3.0 data valuation platform, potentially accelerating adoption across multiple industries including biotech, healthcare, and entertainment. For businesses and investors, this represents the maturation of AI-driven data monetization strategies that could transform how companies extract value from their digital assets. The integration of quantum computing expertise from IBM suggests these technologies are moving closer to practical enterprise applications, which could revolutionize data processing capabilities across sectors. As data becomes increasingly valuable in the digital economy, Datavault's success could pave the way for similar AI companies to secure substantial funding and partnerships, driving innovation in responsible AI implementation and secure data exchange technologies.