VCI Global Expands AI Portfolio with Strategic Investment in Innovative AI Agents Startup - Marvis [Yahoo! Finance]
VCI Global Limited - Ordinary Share (VCIG)
Company Research
Source: Yahoo! Finance
KUALA LUMPUR, Malaysia, Dec. 30, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (“VCI Global,” or the “Company”), today announced that its investment holding arm for artificial intelligence (AI) portfolios, VC AI Limited (“VC.AI”) has invested in Marvis Inc., a Delaware corporation (“Marvis”), an innovative AI startup company, pioneering advanced digital clone AI technology. This investment was made through a Simple Agreement for Future Equity (SAFE), which provided VC.AI to receive Marvis' equity in the next financing round. The current seed funding round is capped at a valuation of US$30 million. This investment reinforces VCI Global's commitment to expanding its AI portfolio and fostering innovation in emerging technologies. Marvis specializes in harnessing proprietary AI models to create advanced AI digital clone agents (“AI agents”) that automate and replicate routine tasks. By offloading repetitive work to these AI agents, users can concentrate on higher-value, st
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VCIG
News
- VCI Global Announces IPO for Wholly Owned Consulting Arm, Unlocking New Growth OpportunitiesGlobeNewswire
- VCI Global Expands AI Portfolio with Strategic Investment in Innovative AI Agents Startup - MarvisGlobeNewswire
- VCI Global Embarks on a Strategic Series of Renewable Energy Asset Acquisitions, Starting with a North Macedonia Solar Farm [Yahoo! Finance]Yahoo! Finance
- VCI Global Embarks on a Strategic Series of Renewable Energy Asset Acquisitions, Starting with a North Macedonia Solar FarmGlobeNewswire
- VCI Global Targets US$200 Million Revenue with 100 MW of Solar Photovoltaic Projects in Southeast Asia and EuropeGlobeNewswire
VCIG
Sec Filings
- 1/7/25 - Form 6-K
- 12/18/24 - Form SCHEDULE
- 12/17/24 - Form 6-K
- VCIG's page on the SEC website