LONDON, Jan. 13, 2025 (GLOBE NEWSWIRE) — Rezolve Ai (NASDAQ: RZLV) founder and CEO Daniel Wagner today commended the UK government’s recent decision to create a National Data Library to help give developers access to high quality data as part of a plan to fuel AI progress and high-quality AI applications, calling it a transformative step for AI innovation. However, Wagner cautioned that this invaluable dataset must remain exclusively accessible to UK-based AI companies, emphasizing its potential as a strategic national asset in the global AI race.
“The National Data Library dataset would be an enormously valuable set of assets with the potential to revolutionize AI in multiple sectors,” said Wagner. “However, allowing access to this data by companies outside the UK would be a profound mistake, undermining our ability to retain a competitive edge in the burgeoning AI sector.”
Why Limiting Access to UK Companies is Essential
Wagner argued that restricting access to UK-based AI companies would provide several key benefits:
- Fostering UK Innovation: “The UK is at the forefront of the AI revolution, with a vibrant ecosystem of cutting-edge companies that are primed to use this data responsibly and innovatively. By limiting access to UK firms, we can drive domestic AI breakthroughs that will bolster our global standing in technology and healthcare.”
- Economic Gains: “Allowing non-UK companies to access this data would effectively export a critical competitive advantage and diminish the economic returns for the UK. Keeping this resource within our borders ensures that the financial and intellectual property benefits remain here.”
- Data Sovereignty and Ethics: “The National Data Library data set would include information about much of the UK and its population. Ensuring that UK companies manage this data means we can better safeguard its ethical use and maintain accountability to British citizens. The risks of data misuse increase significantly when control shifts to foreign entities.”
A Call for Strategic Policy
Wagner urged the UK government to adopt a strategic policy that aligns data access with national interests. “We must think beyond short-term commercial gain and focus on the long-term benefits of nurturing a robust, homegrown AI industry. The AI challenges of tomorrow demand that we position UK companies as leaders in the field today.”
Rezolve AI, an innovator in AI-driven retail and commerce solutions, sees parallels in the competitive advantages AI can bring across industries, highlighting the necessity of protecting national data resources.
“By prioritizing UK companies, we’re not only preserving the integrity and potential of the National Data Library but also ensuring that its benefits ripple through the entire UK economy and society,” Wagner concluded.
About Rezolve Ai
Rezolve Ai (NASDAQ: RZLV) is a leader in AI-powered solutions for commerce and retail, focused on transforming customer engagement, streamlining transactions, and driving revenue growth. The company’s BRAiN Suite of products – BRAiN Commerce, BRAiN Checkout, and BRAiN Assistant – harness the power of AI to provide personalized, frictionless shopping experiences and improve business outcomes for retailers and brands worldwide. Partnering with industry giants like Microsoft, and Google, Rezolve is pioneering the future of commerce. For more information, visit http://www.rezolve.com.
Media Contact:
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Forward-Looking Statements
Certain statements in this press release may be forward looking in nature within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”), Section 21E of the Securities Exchange Act of 1934, as amended (the “Exchange Act”) and the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995.Words such as “expect”, “estimate”, “aim,” “project”, “budget”, “forecast”, “anticipate”, “intend”, “plan”, “may”, “will”, “could”, “should”, “believes”, “predicts”, “potential”, “continue”, and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Rezolve Ai’s statements regarding the benefits of restricting access to the National Data Library dataset to UK AI companies and the benefits of doing so to the UK economy and society. The matters discussed in these forward-looking statements are subject to a number of risks, trends and uncertainties that could cause actual results to differ materially from those projected, anticipated or implied in the forward-looking statements. You are cautioned not place undue reliance on these forward-looking statements. None of Rezolve Ai nor any other person is responsible for updating or revising any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.
