Remark holdings enters into cloud services agreement with microsoft

Five-year agreement expected to drive $240 million ai business for remark by 2029 remark's ai video analytics (rva) platform to be sold and marketed in microsoft azure marketplace remark will utilize microsoft's azure cloud and gpu services for the inference and training of its proprietary ai models culminating in an accelerated deployment of ai services and empowerment of industry transformation las vegas , feb. 29, 2024 /prnewswire/ -- remark holdings, inc. (otc: mark), a leading provider of artificial intelligence solutions, today announced it has signed a cloud services agreement with microsoft, to deliver cloud services via microsoft azure to remark over the next five years. this collaboration allows remark to rapidly broaden its sales and marketing through the microsoft azure marketplace, providing institutional credibility for prospective it departments' approval, as well as rapidly scaling remark's ai inference and training models.
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