Zapata AI Announces First Quarter 2024 Financial Results and Provides Business Update
Zapata Computing Holdings Inc. (ZPTA)
Company Research
Source: GlobeNewswire
BOSTON, May 15, 2024 (GLOBE NEWSWIRE) -- Zapata Computing Holdings Inc. (“Zapata AI”) (Nasdaq: ZPTA), the Industrial Generative AI company, today announced its financial results for the first quarter of 2024 and provided a business update. Business Highlights Completed business combination with Andretti Acquisition Corp. on March 28, 2024 and commenced trading on the Nasdaq under the ticker ZPTA on April 1, 2024Entered into a $1 million commercial expansion agreement with Andretti Global, broadening the scope of an already multi-year partnership and the companies' co-branding and marketing relationship, and resulting in 43% sequential growth in quarterly bookingsRamped up existing collaboration with Sumitomo Mitsui Trust Bank, applying generative AI to simulate financial scenarios and more accurately price derivatives and value adjustmentsAlong with collaboration partners, Zapata AI demonstrated the first instance of a generative model running on quantum hardware outperforming
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News
- MAG Aerospace Partners with Zapata AI to Deliver Next-Generation Airborne Surveillance PlatformGlobeNewswire
- Zapata AI Announces Second Quarter 2024 Financial Results and Provides Business UpdateGlobeNewswire
- Zapata Computing Holdings Inc. (NASDAQ: ZPTA) had its "speculative buy" rating re-affirmed by analysts at Benchmark Co.. They now have a $1.50 price target on the stock.MarketBeat
- Zapata Computing Holdings Inc. (NASDAQ: ZPTA) is now covered by analysts at Cantor Fitzgerald. They set an "overweight" rating and a $1.75 price target on the stock.MarketBeat
- Zapata AI to Deliver Real-Time Intelligence for WarfightersGlobeNewswire
ZPTA
Sec Filings
- 10/25/24 - Form EFFECT
- 10/25/24 - Form EFFECT
- 10/25/24 - Form EFFECT
- ZPTA's page on the SEC website