CORRECTING and REPLACING Datavault AI and Kove Unveil Secure Data Monetization Solution at IBM Think 2025
BEAVERTON, Ore.--(BUSINESS WIRE)--Please replace the release with the following corrected version due to multiple revisions.
The updated release reads:
DATAVAULT AI AND KOVE UNVEIL SECURE DATA MONETIZATION SOLUTION AT IBM THINK 2025
AI-Powered Productivity and Monetization Could Add $5.7 Billion to S&P 500 Net Income by 2025
Datavault AI Inc. (NASDAQ: DVLT), a leader in AI-driven data valuation and monetization, today announced a collaboration with Kove IO, Inc., a high-performance computing innovator, to launch a secure, tokenized data vending solution. The platform, integrating Kove:SDM™ software-defined memory with Datavault's Data Vault®, debuts at IBM Think 2025 in Boston, targeting enterprises eager to unlock revenue from underutilized data.
Morgan Stanley estimates that AI-driven productivity and monetization strategies could add $5.7 billion to S&P 500 net income by 2025, with platforms like Datavault AI enabling companies to capitalize on this opportunity. The solution, showcased at IBM's Partner Plus Pavilion alongside Adobe, Salesforce, and AWS, offers finance, biotech, and defense leaders a way to transform data into a financial asset.
'Our collaboration with Kove bridges the gap between data and dollars,' said Nathaniel Bradley, CEO of Datavault AI. 'Enterprises have long struggled to monetize data while meeting strict compliance standards. Our platform, enhanced by Kove's memory technology, delivers real-time, encrypted data transactions without moving raw data—unlocking new revenue streams.'
The solution leverages Datavault's AI stack: DataScore® for asset appraisal, DataValue® for real-time pricing, and Data Vault Bank® for tokenized transactions via the patented Information Data Exchange®, now enhanced with NYIAX-Nasdaq financial frameworks. Kove:SDM™, eliminates computing bottlenecks, ensuring secure, on-premises data vending. Compatible with Snowflake, and Databricks, the Datavault platform integrates seamlessly into existing infrastructure.
'With Kove:SDM™, Datavault gets exactly the memory it needs, on demand—large job or small—even when the requirements exceed what a physical server on‑site can do,' said John Overton, CEO of Kove. 'By achieving maximum performance, Datavault reduces their costs while providing real‑time flexibility—at a level that was unattainable before Kove:SDM™ software‑defined memory.'
The platform supports smart contracts for encrypted data sales, reducing cyber risks by avoiding traditional warehousing. This efficiency positions enterprises to capture a share of the $700 billion data monetization market i, projected to grow significantly by 2030. Datavault AI's recently announced $40 million to $50 million 2026 revenue target underscore its momentum.
As AI reshapes financial reporting and compliance, Datavault AI and Kove offer a blueprint for enterprises to turn data into a competitive edge. 'IBM Think 2025 is the perfect stage to showcase this transformation,' Bradley added. 'We're ready to help S&P 500 firms and beyond realize their data's full potential.'
About Datavault AI Inc.
Datavault AI (NASDAQ: DVLT) pioneers AI-driven data monetization in the Web 3.0 era. Its cloud-based platform, featuring DataScore®, DataValue®, and Data Vault Bank®, serves industries like fintech, healthcare, and entertainment. Headquartered in Beaverton, Ore., Datavault AI drives responsible AI innovation. Learn more at https://www.dvlt.ai.
About Kove
Founded in 2003, Kove has a long history of solving technology's most vexing problems, from launching high-speed back-ups for large databases to setting sustained storage speed records. Most recently, after years of development, testing and validation, Kove launched the world's first patented and mature software-defined memory solution — Kove:SDM™. Kove:SDM™ enables enterprises and their leaders to achieve more by maximizing the performance of their people and infrastructure. Kove's team of passionate software engineers and technologists understands the importance of access to high performance computing technology and has worked with clients across a variety of industry verticals from financial services and life sciences to energy and defense. Kove is committed to delivering the products and personalized service that enable every enterprise to reach their full potential. To learn more, visit www.kove.com.
For more information about IBM Think 2025 visit here.
Forward Looking Statements Disclaimer
This press release contains 'forward-looking statements' within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws. Words such as 'expect,' 'will,' 'anticipates,' 'estimates' and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. Such forward-looking statements, including statements herein regarding our business opportunities and prospects, strategy, future revenue expectations, licensing initiatives, recent funding and M&A activities as well as our plans to integrate acquired businesses and technologies, are necessarily based upon estimates and assumptions that, while considered reasonable by us and our management, are inherently uncertain. Readers are cautioned not to place undue reliance on these forward-looking statements. Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: the risk that we are unable to satisfy all closing conditions in connection with the senior notes issuance described above, and the acquisition of certain assets from CSI; our ability to successfully integrate all IP that we have acquired; risks regarding our ability to utilize the assets we acquire to successfully grow our market share; risks regarding our ability to open up new revenue streams as a result of the various agreements we have entered into and assets we have acquired; our current liquidity position and the need to obtain additional financing to support ongoing operations; general market, economic and other conditions; our ability to continue as a going concern; our ability to maintain the listing of our common stock on Nasdaq; our ability to manage costs and execute on our operational and budget plans; our ability to achieve our financial goals; the degree to which our licensees implement the licensed technology into their products, if at all; the timeline to any such implementation; risks related to technology innovation and intellectual property, and other risks as more fully described in our filings with the U.S. Securities and Exchange Commission. The information in this press release is provided only as of the date of this press release, and we undertake no obligation to update any forward-looking statements contained in this communication based on new information, future events, or otherwise, except as required by law.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
31 minutes ago
- Yahoo
Berkshire Hathaway shares sag since Buffett say he's retiring
Berkshire Hathaway shares sag since Buffett say he's retiring originally appeared on TheStreet. Warren Buffett's retirement announcement was not what investors wanted. During the middle of Thursday's trading, shares of Berkshire Hathaway () and () had fallen as much as 10.3% from all-time intraday highs of $812,855 and $539.80 on May 2. May 2 was the day before some 40,000 investors and fans jammed the company's annual meeting, held in an Omaha, Neb., arena. 🔥 💰 At the very end of the meeting, Buffett, who has been CEO of the company for more than 60 years, announced he will step aside on Dec. 31. Greg Abel is slated to replace Buffett, who will serve as chairman. The shares fell nearly 5% on May 5, the first day of trading after Buffett's announcement and have stumbled steadily since. Perhaps some good news: shares of both classes ended Friday about 1% higher at $740,396 and $493.53, respectively. So, maybe the stocks' downturn may have uptick was probably helped by Friday's big market rally. The gains, however, came after five straight days of declines for both share classes. In fact, the A shares have shown just nine gains since May 2. The B shares rose just 10 times in those 24 days. And the stocks are down 8.9% and 8.6%, respectively, in those 24 days, while the Standard & Poor's 500 Index is up 5.5%. But remember this. Year to date, the A shares are up 8.7% and the B shares are up 8.9%. The S&P 500's 2025 gain so far: just 2%. One explanation for the decline is investors are having trouble dealing with the possibility that Buffett won't be the face of the company. Buffett evolved into a folk hero for many investors partly because of his folksy, plainspoken manner, especially as he chaired the company's annual meeting. Plus, his rigorous devotion to value investing and the company's investment track record built a company that still has a $1 trillion-plus market capitalization despite the stock's decline. Berkshire's investment in Apple () has been legendarily profitable — in part because Buffett resisted investing in technology for years until his partner, the late Charlie Munger, convinced him Apple was a consumer company. Apple CEO Tim Cook has been a regular attendee at the Berkshire annual meeting. Buffett himself is now reputed to be worth more than $157 billion. All this in the face of multiple market slumps and recessions. And that reputation gave him the ability to move markets all by himself. Berkshire investors did suffer with everyone else during the 2008 market crash; the shares fell as much as 48% between a top in October 2008 until their bottom in March 2009. Buffett is 94, and, by his own admission in an interview with The Wall Street Journal, he's slowing down. He said Abel is not only terrifically able, but, Buffett added, Abel has a lot more energy. One other trait Buffett praised. Abel is willing to get directly involved with subsidiaries in need of help. Two more issues may be affecting Berkshire shares: Berkshire was downgraded modestly by UBS analyst Brian Meredith, who still rates either share class a buy. But dividend income from its investments might not be as strong as in previous years. Berkshire is not expected to buy back shares any time soon. Companies do that to boost support stock prices. Buffett thinks Berkshire's current intrinsic value is 9% higher than the current stock prices. Fund manager buys and sells See a big stock rally ahead? Be patient, money manager says Fund manager, skeptical of AI, backs shocking stock Veteran fund manager sends surprising message on the weak dollar Abel, who just turned 63, has been Buffett's designated successor since 2021. He is now vice chairman of Berkshire Hathaway and CEO of Berkshire Hathaway Energy, the holding company for Berkshire's electric utility the same time, Berkshire Hathaway may be facing another personnel issue. Ajit Jain, the head of Berkshire Hathaway's big insurance operation, is thinking about retiring, and there are discussions on how to replace him. Jain, now 73, joined Berkshire Hathaway in 1986 while in his 30s. And he has reportedly suggested a list of possible replacements, The Journal reported. The insurance business is Berkshire's largest business unit, with upwards of 20 separate subsidiaries. Best known: auto insurer Geico. The business is hugely profitable and is the source of funds that Buffett and Munger invested so profitably. Berkshire Hathaway has evolved into a huge conglomerate, built around insurance. Holdings include the Burlington Northern Santa Fe railroad, the insurance business, electric utilities, retail companies, Benjamin Moore, the paint manufacturer, Dairy Queen and Duracell batteries. Berkshire Hathaway shares sag since Buffett say he's retiring first appeared on TheStreet on Jun 8, 2025 This story was originally reported by TheStreet on Jun 8, 2025, where it first appeared. Error 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
Yahoo
an hour ago
- Yahoo
Financial Experts: These Are the Top Mistakes Americans Make When Investing in the Stock Market
There's no reason you should lose money investing in stocks, considering that the markets always move higher over time. This decade alone, the S&P 500 has risen by about 88%. Just investing in an S&P 500 fund could have helped any investor generate solid profits. But a lot of investors still take a beating on Wall Street because they make common mistakes that can be easily avoided. Read Next: Check Out: Here are the top mistakes Americans make when investing in the stock market, according to three financial experts contacted by GOBankingRates. Also see the No. 1 mistake Americans make with their Roth IRAs, according to experts. Misjudging risk was cited by Christine Chase, vice president and financial consultant at Fidelity Investments. More precisely, she cited a tendency to misjudge risk tolerance, which means too many investors either take on too much risk or are too conservative. Both extremes can negatively impact your return. 'Excessive risk can lead to emotional decision-making and panic-selling during market downturns, while being too conservative may prevent your portfolio from growing enough to meet long-term goals or keep pace with inflation,' Chase said. To help manage risk and navigate the market's ups and downs, she recommended maintaining a well-diversified portfolio and working with a financial professional. Be Aware: Anthony Grosso, a New York-based financial strategist and mortgage loan originator, told GOBankingRates the biggest mistake he sees people make is 'blindly trusting the news' when investing. He learned this lesson himself as a younger investor. 'What I learned fast is that by the time something makes [it to the news], the market has already reacted,' Grosso said. 'The news isn't meant to educate — it's there to get clicks and views. They will spin a story, beat a topic to death until you're panicked or euphoric, and both of those times are when you make emotional decisions which are the worst ones.' If you do watch the news, he recommended doing so with a healthy dose of skepticism. 'Try to get reports of the actual data — not someone's opinion on the data,' Grosso said. 'Learn to make your own opinions and it will give you the confidence to have a plan and stick with it.' Not cutting losses is a mistake that happens a lot, according to Edward Corona, a Florida-based trader and publisher of The Options Oracle Newsletter. In fact, it happened to him early in his career. 'I'd hang onto trades way too long, convincing myself they'd bounce back,' Corona told GOBankingRates. 'I'd look at charts, squint real hard, and try to find a reason to stay in. You know the drill: 'It's just a dip,' or 'I'm down, but not that much…'' The problem, he said, is that small losses can 'turn into portfolio wreckers real fast' if you stay with a sinking stock too long. His suggestion is to have a plan in place before hitting the 'buy' button and sticking with that plan when an investment goes south. 'I'm going to have a predetermined 'stop loss' and 'take profit' level before I enter the trade, which would be based on a support level,' Corona said. 'If it breaks below that level, I will exit the trade and redeploy the capital elsewhere.' More From GOBankingRates The 10 Most Reliable SUVs of 2025 This article originally appeared on Financial Experts: These Are the Top Mistakes Americans Make When Investing in the Stock Market Error 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
Yahoo
an hour ago
- Yahoo
Financial Experts: These Are the Top Mistakes Americans Make When Investing in the Stock Market
There's no reason you should lose money investing in stocks, considering that the markets always move higher over time. This decade alone, the S&P 500 has risen by about 88%. Just investing in an S&P 500 fund could have helped any investor generate solid profits. But a lot of investors still take a beating on Wall Street because they make common mistakes that can be easily avoided. Read Next: Check Out: Here are the top mistakes Americans make when investing in the stock market, according to three financial experts contacted by GOBankingRates. Also see the No. 1 mistake Americans make with their Roth IRAs, according to experts. Misjudging risk was cited by Christine Chase, vice president and financial consultant at Fidelity Investments. More precisely, she cited a tendency to misjudge risk tolerance, which means too many investors either take on too much risk or are too conservative. Both extremes can negatively impact your return. 'Excessive risk can lead to emotional decision-making and panic-selling during market downturns, while being too conservative may prevent your portfolio from growing enough to meet long-term goals or keep pace with inflation,' Chase said. To help manage risk and navigate the market's ups and downs, she recommended maintaining a well-diversified portfolio and working with a financial professional. Be Aware: Anthony Grosso, a New York-based financial strategist and mortgage loan originator, told GOBankingRates the biggest mistake he sees people make is 'blindly trusting the news' when investing. He learned this lesson himself as a younger investor. 'What I learned fast is that by the time something makes [it to the news], the market has already reacted,' Grosso said. 'The news isn't meant to educate — it's there to get clicks and views. They will spin a story, beat a topic to death until you're panicked or euphoric, and both of those times are when you make emotional decisions which are the worst ones.' If you do watch the news, he recommended doing so with a healthy dose of skepticism. 'Try to get reports of the actual data — not someone's opinion on the data,' Grosso said. 'Learn to make your own opinions and it will give you the confidence to have a plan and stick with it.' Not cutting losses is a mistake that happens a lot, according to Edward Corona, a Florida-based trader and publisher of The Options Oracle Newsletter. In fact, it happened to him early in his career. 'I'd hang onto trades way too long, convincing myself they'd bounce back,' Corona told GOBankingRates. 'I'd look at charts, squint real hard, and try to find a reason to stay in. You know the drill: 'It's just a dip,' or 'I'm down, but not that much…'' The problem, he said, is that small losses can 'turn into portfolio wreckers real fast' if you stay with a sinking stock too long. His suggestion is to have a plan in place before hitting the 'buy' button and sticking with that plan when an investment goes south. 'I'm going to have a predetermined 'stop loss' and 'take profit' level before I enter the trade, which would be based on a support level,' Corona said. 'If it breaks below that level, I will exit the trade and redeploy the capital elsewhere.' More From GOBankingRates The 10 Most Reliable SUVs of 2025 This article originally appeared on Financial Experts: These Are the Top Mistakes Americans Make When Investing in the Stock Market Error 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
