MSFT - Remark Confirms Deal With Microsoft — What's Going On With Remark Holdings (MARK) Stock Today? (UPDATED) | Benzinga
Editor’s note: This story has been updated with comment from Remark Holdings’ CEO.
Remark Holdings Inc (NASDAQ:MARK) shares are trading higher Tuesday following an unconfirmed deal with Microsoft Corp (NASDAQ:MSFT) via Remark’s X social media account.
What Happened: In a new post on X, AI solutions company Remark Holdings said it entered into a partnership with Microsoft valued at $80 million.
“It's official!!! @Microsoft making #RemarkAI global together,” the company said in the post.
A lot of X users are commenting on the post, questioning why an official press release was not issued on the news. Benzinga reached out to Remark Holdings for comment and received confirmation of the deal directly from Remark CEO Kai-Shing Tao.
Benzinga has contacted Microsoft for comment on this story.
In a follow-up post, Remark said the partnership is centered around its computer vision models and includes videos showcased on ...