AINewsBreaks – Datavault AI Inc. (NASDAQ: DVLT) Executes $120M Term Sheet With Scilex for Quantum-Ready Edge Network Deployment
Datavault AI (NASDAQ: DVLT) announced it has executed a binding term sheet with Scilex Holding Company (NASDAQ: SCLX) for a $120 million cash contribution and revenue participation agreement to support deployment of its quantum-ready, zero trust edge network. Under the agreement, Scilex will receive a tiered share of network revenues up to defined caps, while the funding is expected to support infrastructure build-out across an estimated 100 U.S. cities, enabling advanced AI, high-performance computing, and secure data processing capabilities. To view the full press release, visit https://ibn.fm/51Eov About Datavault AI Inc. Datavault AI (Nasdaq: DVLT) is leading the way in AI…