Zapata AI to Host Virtual Analyst and Investor Webinar on February 8, 2024
January 30 2024 - 3:15PM
Business Wire
Webinar will detail how Zapata AI’s quantum
techniques for generative AI can help enterprises solve complex
industrial-scale problems.
Zapata Computing, Inc. (“Zapata AI” or the “Company”), the
Industrial Generative AI software company developing solutions and
applications to solve enterprises’ difficult, industrial-scale
problems, and Andretti Acquisition Corp. (“Andretti”) (NYSE: WNNR),
a publicly traded special purpose acquisition company, today
announced that Zapata AI will host a Virtual Analyst and Investor
Webinar on February 8, 2024 from 12:00 to 1:00 p.m. ET.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20240130302461/en/
The webinar will focus on: 1) detailing the Company’s technology
offering for enterprise customers, which centers on Industrial
Generative AI solutions that can harness the power of language and
numerical models for critical, industrial-grade applications; 2)
how Zapata AI’s long history of quantum innovation provides
differentiating benefits for its generative AI offering; and, 3)
the Company’s business model, including its partner ecosystem and
target industries. Management will also conduct a virtual Q&A
session following the prepared remarks.
To register for the event, please click here. Zapata AI welcomes
you to submit questions ahead of time for the Q&A session by
emailing investors@zapata.ai. The live webcast and presentation
materials, as well as a replay of the event, will be made available
on the Company’s investor relations website at
https://zapata.ai/investors/.
As previously announced, Zapata AI entered into a definitive
business combination agreement with Andretti Acquisition Corp.
(NYSE: WNNR) on September 6, 2023. The registration statement on
Form S-4 relating to the business combination was declared
effective by the Securities and Exchange Commission (the “SEC”) on
January 29, 2024. An Extraordinary General Meeting of Shareholders
for shareholders of Andretti Acquisition Corp. to approve the
proposed business combination is scheduled to be held on February
13, 2024 at 10:00am Eastern Time. Upon closing of the business
combination, subject to the satisfaction of customary closing
conditions, including an affirmative vote of Andretti’s
shareholders, Zapata Computing, Inc. will become a wholly-owned
subsidiary of Andretti Acquisition Corp., the name of Andretti
Acquisition Corp. will be changed to Zapata Computing Holdings
Inc., and Zapata AI expects to become a publicly listed company on
the New York Stock Exchange under the ticker “ZPTA”.
About Zapata AI
Zapata AI is an Industrial Generative AI company,
revolutionizing how enterprises solve complex problems with its
powerful suite of Generative AI software. By combining numerical
and text-based solutions, Zapata AI empowers enterprises to
leverage large language models and numerical generative models
better, faster, and more efficiently—delivering solutions to drive
growth, savings and unprecedented insight. With proprietary science
and engineering techniques and the Orquestra® platform, Zapata AI
is accelerating Generative AI’s impact in Industry. The Company was
founded in 2017 and is headquartered in Boston, Massachusetts. On
September 6, 2023, Zapata AI entered into a definitive business
combination agreement with Andretti Acquisition Corp. (NYSE:
WNNR).
Forward-Looking Statements
Certain statements made herein are not historical facts but are
forward-looking statements for purposes of the safe harbor
provisions under The Private Securities Litigation Reform Act of
1995. Forward-looking statements generally are accompanied by words
such as “believe,” “may,” “will,” “intend,” “expect,” and similar
expressions that predict or indicate future events or trends or
that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding future events, the transaction, the likelihood
and ability of the parties to successfully consummate the
transaction, and other statements that are not historical facts.
These statements are based on the current expectations of Andretti
Acquisition Corp.’s and Zapata AI’s management and are not
predictions of actual performance. These forward-looking statements
are provided for illustrative purposes only and are not intended to
serve as, and must not be relied on, by any investor as a
guarantee, an assurance, a prediction, or a definitive statement of
fact or probability. These statements are subject to a number of
risks and uncertainties regarding Zapata AI’s businesses and the
transaction, and actual results may differ materially. These risks
and uncertainties include, but are not limited to, ability to meet
the closing conditions to the transaction, including approval by
stockholders of Andretti Acquisition Corp. on the expected terms;
delay in closing the transaction or failure to close the
transaction within the period permitted under its governing
documents; and those factors discussed in Andretti Acquisition
Corp.’s Registration Statement on Form S-4, as amended, first filed
with the SEC on October 27, 2023.
If any of these risks materialize or if assumptions prove
incorrect, actual results could differ materially from the results
implied by these forward-looking statements. While Andretti
Acquisition Corp. or Zapata AI may elect to update these
forward-looking statements at some point in the future, Andretti
Acquisition Corp. or Zapata AI specifically disclaim any obligation
to do so. These forward-looking statements should not be relied
upon as representing Andretti Acquisition Corp.’s or Zapata AI’s
assessments as of any date subsequent to the date of this
communication. Accordingly, undue reliance should not be placed
upon the forward-looking statements.
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