Latest news with #Kove
Business Wire
06-05-2025
- Business
- Business Wire
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 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 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.
Business Wire
05-05-2025
- Business
- Business Wire
Datavault AI and Kove Unveil Secure Data Monetization Solution at IBM Think 2025
BEAVERTON, Ore.--(BUSINESS WIRE)--Datavault AI Inc. (NASDAQ: DVLT), a leader in AI-driven data valuation and monetization, today announced a partnership with Kove, a high-performance computing innovator, to launch a secure, tokenized data vending solution. The platform, integrating Kove's SDM™ Memory Tower 39i 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 compliant way to transform data into a financial asset. 'Our partnership 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's SDM™ Memory Tower 39i eliminates computing bottlenecks, ensuring secure, on-premises data vending. Compatible with Microsoft Azure, Snowflake, and Databricks, the platform integrates seamlessly into existing infrastructure. 'With the Kove:SDM™ Memory Tower 39i, 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.' A brief video about Datavault AI and a summary of today's announcement can be found here. 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 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 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.
Fox News
16-02-2025
- Entertainment
- Fox News
‘Cobra Kai' star embraces ‘whole different' Western-inspired life in Nashville
"Cobra Kai" star Martin Kove is finding balance between Los Angeles and Nashville. "I wanted space. I wanted a ranch at that point. I'm really big on Westerns and all. I wanted to have horses again, and I wanted have some space," Kove told Fox News Digital. But he admitted Nashville gets "too cold" for him, even having grown up in "slush" in Brooklyn. "I don't think anybody in California really knows how terrific it is to live here because of the weather. And you transition to another place. It's not the same," he said, adding, "I need to see beach, I miss it a great deal in Nashville. The lakes don't do it for me, but it is beautiful." Kove, who lives in a "quaint" area outside the city, added, "It's very interesting. It's a whole different [way] living in New York, living in Los Angeles. And then living [in Nashville]. I have deer running around my property and lots of birds. And I sit there with a cigar watching Westerns, you know, it's cool. It's fun. And my kids come out a lot. But I come here a lot because you need the regeneration of being in a cosmopolitan area. I need to go to the theater more here." The 78-year-old also shared his sympathies with the victims of the Los Angeles wildfires that devastated the Pacific Palisades and Altadena neighborhoods. "I don't think anybody in California really knows how terrific it is to live here because of the weather. And you transition to another place. It's not the same." "I felt so much for the people who lost their houses in the fire because back in '78, I had a ranch in Agoura [Hills]. It was my first property that I ever bought. And I lost it all in the fire," Kove said. "And I had a chainsaw and a tennis racket to my name in my car. That was it. Everything was gone. And I was only in Hollywood two or three years. And all my souvenirs and everything [were gone]. But I know what it's like because I rebuilt." He continued, "You know, and a couple of my good friends lost their houses. And it's a tough game. Really tough game." Kove has forged a career in Hollywood over the past five decades, often playing a tough guy, like his antagonistic dojo owner John Kreese from "The Karate Kid," a role he reprised in the Netflix spinoff series "Cobra Kai." With the final season airing now only on Netflix, the "Cagney and Lacey" star has found that people have connected with the original film and the spinoff in different ways. WATCH: 'COBRA KAI' STAR MARTIN KOVE ON WHAT HE LIKES MOST ABOUT LIVING IN NASHVILLE "The movie became popular because one of three things happened. Kids identified with the romance that they had as a teenager that didn't work out, or they were bullied, or they were a fish out of water situation where their parents traveled a lot, and they showed up in different neighborhoods throughout their lives. That was the movie," Kove said. "The series is a list of phenomenons. I've been discussing it for weeks now, the mere fact that the writers write so well is brilliant. The mere fact that three of us kind of look the same as we did 35 years ago, you know? So that is a plus. Then the mere fact that 'Karate Kid' was such a popular movie, and here's a series that's now written so well." He continued, "And the kids watch it and then the parents say, 'Hey, would you like to see what we were weaned on, what we loved about these characters?' And it's the same characters as Billy [William Zabka], Ralph [Macchio] and I." "So, the parents take the kids, the kids watch the movie. The bottom line is, they loved the movie, and now the parents get hooked on the TV series. So you have all these little [phenomenal] things, these elements of success that people and pictures and TV series, they long for that kind of chemistry." Kove is deeply appreciative of the writing of his character, who in the film is cruel to William Zabka and Ralph Macchio's young characters, but is fleshed out more in "Cobra Kai." WATCH: MARTIN KOVE EXPLAINS WHY HE THINKS 'KARATE KID' HAS STAYED SO POPULAR "I did not want to get involved in the show unless they were going to write my character with vulnerability and an arc and emotional colors. I wasn't interested in doing the guy from 'Karate Kid,'" he explained. "And they did. They did everything I wanted." He avoided spoilers, but described the fate of his character, saying, "It's unbelievable. I saw it on the big screen, and everybody was crying. The redemption and the structure of vulnerability. It's brilliant for everyone, but primarily for this guy who is, in the early days, a monster." Despite having often played physically imposing characters, Kove said, apart from some childhood instances, he's never really been in a fight in his adult life. "Because I didn't look for a fight, I'm certainly not afraid. But. I just never found it. I always find the good points in people." But he did find himself in a tricky situation while working with Sylvester Stallone, who he starred with in "Rambo: First Blood Part II" in 1985. While filming in Acapulco, Kove recalled, "Girls would come up to Sly and ask to dance, 'Will you dance with me?' And he would say no, because obvious reasons… And Sly was damned if he danced with her and he was damned if he didn't [because] the boyfriend would come up and s[ay], 'What's the matter? You're too good to dance with my girl?' And it would turn into a fight." "But it was always the others who threw the first punch. It was always the others who were anxious," he added, noting that security helped Stallone leave that particular bar by lifting him over their heads. Stallone and Kove also shared a manager in their early days, and their first film together was 1975's "Death Race 2000," during which Stallone was working on the script for his breakthrough film, "Rocky." Kove remembered visiting him in his trailer and seeing him with the script. "I said, 'Well, what are you doing? And he said, 'I'm trying to get this boxing movie made.' And that was 1975, February. So, within a year and a half, Sly was a legend." "And it took me a little while longer," he joked, recalling that when they later worked together on the "Rambo" sequel, "We had a ball." The final episodes of "Cobra Kai" are streaming now on Netflix.
