Datavault AI signs LOI for 19.9% stake in DataMEDS AI

Philadelphia-based Datavault AI, an AI platform company focused on data monetization and real-world asset tokenization, signed a non-binding LOI to acquire 19.9% of DataMEDS AI as consideration for an expanded technology license, keeping ownership of the underlying IP and potentially sharing royalties. The deal is subject to due diligence and a definitive agreement.