Andretti Acquisition Corp. - WNNRU STOCK NEWS

Zapata AI and Andretti INDYCAR announce plans for their third NTT INDYCAR SERIES season together, focusing on using Industrial Generative AI solutions to enhance race performance. The partnership aims to leverage AI technology to improve race strategy, data analytics, and decision-making for competitive advantage.

Zapata AI, in collaboration with Insilico Medicine, the University of Toronto, and St. Jude Children’s Research Hospital, showcases a breakthrough in quantum-enhanced generative AI for drug discovery. The research demonstrates the first instance of a generative model running on quantum hardware outperforming classical models in generating viable cancer drug candidates. The study focuses on developing novel KRAS inhibitors, historically considered 'undruggable'. The quantum-enhanced model produced molecules with superior binding affinity, paving the way for hybrid quantum generative AI in drug discovery.

D-Wave Quantum Inc. (QBTS) and Zapata Computing, Inc. (Zapata AI) have announced a strategic partnership to develop commercial applications combining generative AI and quantum computing technologies. The collaboration aims to build quantum generative AI models that accelerate the discovery of new molecules using D-Wave's powerful quantum technologies. This multi-year partnership will provide Zapata AI access to D-Wave's Advantage™ annealing quantum computing systems, quantum-hybrid solvers, and development resources, with the goal of accelerating commercial application development and providing production access and resources to take these applications to Zapata's customers. The companies also plan to support joint go-to-market efforts and make the commercial applications available via a solver hosted in D-Wave's Leap™ real-time quantum cloud service.

Zapata AI and Andretti Acquisition Corp. announce a virtual analyst and investor webinar to discuss Zapata AI's quantum techniques for generative AI, its technology offering for enterprise customers, the benefits of its long history of quantum innovation, and its business model. The webinar is scheduled for February 8, 2024, and will also include a virtual Q&A session. Zapata AI is set to become a publicly listed company on the New York Stock Exchange under the ticker 'ZPTA' after the completion of a business combination with Andretti Acquisition Corp.

Zapata Computing, Inc. (Zapata AI) announced that its research in quantum-enhanced Generative AI has been published in the prestigious Nature Communications journal. The article, titled 'Synergistic pretraining of parametrized quantum circuits via tensor networks,' demonstrates how quantum circuits can extend and complement the capabilities of classical generative AI. The research was published online on December 15th.

Zapata Computing, Inc. (Zapata AI) announced that its CEO and co-founder Christopher Savoie has been appointed the 2024 Chair of the Quantum Economic Development Consortium (QED-C) Quantum Law Technical Advisory Committee (TAC). Savoie will focus on export control, intellectual property, immigration, and workforce legal issues to accelerate innovation in the quantum computing industry.

Zapata Computing, Inc. (Zapata AI) and Sumitomo Mitsui Trust Bank, Limited (SuMiTB) collaborate to apply Industrial Generative AI to model financial time series data. The collaboration aims to leverage Zapata AI's Orquestra® platform and Sense™ suite of algorithms to simulate financial scenarios and accurately price derivatives and value adjustments.

Zapata Computing, Inc. (Zapata AI) has been selected for the second phase of the DARPA Quantum Benchmarking program, receiving a multi-million-dollar award to develop open-source tools for high-value industrial applications of quantum computing. The company is collaborating with academic and technology partners to identify the resources required to deliver quantum applications with high utility for industrial problems.

Zapata Computing, Inc. (Zapata AI) announces the appointment of Jon Zorio as Chief Revenue Officer. With over two decades of experience in scaling global analytics and solutions companies, Zorio will lead efforts to accelerate revenue growth and expand enterprise sales and partner relationships. His focus will be on driving customer and partner acquisition for the company's Industrial Generative AI offerings, targeting industries such as Financial Services, Manufacturing, Logistics/3PL, Biotech/Pharma, Automotive, and Energy. Zapata AI's Prose and Sense solutions address common challenges faced by enterprises when solving industrial-scale problems with computational solutions.