Zapata AI announces $1M commercial expansion under agreement with Andretti

Zapata AI announced a $1,000,000 commercial expansion, entered into on March 28, 2024, under its existing agreement with Andretti Global that expands the partnership and formally recognizes Zapata AI as Andretti’s official AI Partner. The Andretti expansion will contribute to significant, sequential quarter-over-quarter bookings growth for Zapata AI, and is one of numerous customer growth opportunities Zapata is pursuing in financial services, telecom, manufacturing, defense, logistics and other industries. The new engagement expands Zapata AI’s work with Andretti’s engineering, operations, and race strategy teams with the goal of delivering significant innovation and operational efficiencies across Andretti’s global presence in multiple racing series, while helping build a foundation for expansion to future series. “We’re proud to expand our long-term commitment in support of our strategic partners at Andretti Global, as they maintain their competitive edge on the track, and as they expand their global footprint into future racing series,” said Christopher Savoie, co-founder and CEO of Zapata AI. “The work we’re doing with Andretti is a clear demonstration of the impact Industrial Generative AI can deliver across industries.”