Investment in Marvis Inc. by VC AI Limited

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.

With the advancement of technology, artificial intelligence has become a crucial part of numerous industries. Marvis Inc. is at the forefront of developing cutting-edge digital clone AI technology, which has the potential to revolutionize how businesses operate. By investing in Marvis, VC AI Limited is not only strengthening its AI portfolio but also supporting innovative startups that have the capability to drive significant change in the market.

Marvis Inc.’s digital clone AI technology is expected to have a profound impact on various sectors such as healthcare, finance, and customer service. This technology can streamline processes, improve efficiency, and enhance customer experience. As VC AI Limited continues to nurture such groundbreaking innovations, it is positioning itself as a key player in the AI landscape, driving growth and pushing boundaries.

How will this investment affect me?

As a consumer or business owner, the investment in Marvis Inc. by VC AI Limited may bring about new and improved products or services powered by advanced AI technology. This could result in more personalized experiences, efficient processes, and enhanced convenience in your daily interactions with AI-powered systems.

How will this investment affect the world?

The investment in Marvis Inc. signifies a step forward in advancing AI technology and fostering innovation on a global scale. As companies like VC AI Limited continue to support startups like Marvis, we can expect to see accelerated progress in AI development, leading to transformative changes in various industries worldwide. This investment has the potential to shape the future of technology and redefine the way we live and work.

Conclusion

The investment in Marvis Inc. by VC AI Limited demonstrates a commitment to fostering innovation and driving progress in the AI space. As digital clone AI technology continues to evolve, we can anticipate exciting developments that will impact both individual consumers and the global market as a whole. This investment sets the stage for a future where AI plays an increasingly integral role in shaping our world.