Datavault AI (NASDAQ: DVLT) announced today that it has executed a binding term sheet with Scilex Holding Company for a $120 million cash contribution and revenue participation agreement to support the deployment of its quantum-ready, zero trust edge network. The funding is expected to accelerate infrastructure build-out across an estimated 100 U.S. cities, enabling advanced AI, high-performance computing, and secure data processing capabilities.
Under the agreement, Scilex will receive a tiered share of network revenues up to defined caps. The network is designed to be quantum-ready, meaning it can integrate with future quantum computing systems, and incorporates a zero trust security model, which assumes no user or device is trusted by default. This architecture is increasingly critical for industries handling sensitive data, such as finance, healthcare, and government.
The deployment across 100 cities could significantly expand access to high-performance computing resources, potentially benefiting sectors like biotech, fintech, and real estate. Datavault AI’s technology suite includes AI and machine learning automation, third-party integration, and detailed analytics, as detailed in the full press release.
Datavault AI’s cloud-based platform provides solutions for experiential data perception, valuation, and secure monetization. Its Data Science Division leverages Web 3.0 and high-performance computing, while its Acoustic Science Division features patented technologies like WiSA, ADIO, and Sumerian for spatial and multichannel wireless HD sound transmission. The Information Data Exchange enables Digital Twins and licensing of name, image, and likeness by securely attaching physical objects to immutable metadata objects.
This investment from Scilex underscores growing interest in edge computing infrastructure that can handle AI workloads and secure data processing at scale. As businesses increasingly adopt AI and require real-time data processing, edge networks reduce latency by processing data closer to its source rather than relying on centralized cloud data centers. The quantum-ready aspect also positions the network for future advancements in computing power.
The forward-looking statements in this article are subject to risks and uncertainties, as outlined in Datavault AI’s filings with the SEC. For more details, see the company’s risk factors in its most recent Annual Report on Form 10-K and subsequent quarterly reports. All parties undertake no duty to update this information unless required by law.
