Summary:
VCI Global invests in Marvis Inc., specializing in advanced digital clone AI technology.
Investment made through a Simple Agreement for Future Equity (SAFE) at a valuation of US$30 million.
Marvis aims to revolutionize productivity with its AI digital clone agents.
Projected growth of the AI agents market to exceed US$55 billion by 2030.
Masaaki Hatano, a successful entrepreneur, leads Marvis with a vision for transformative technology.
VCI Global Expands Its AI Horizons
KUALA LUMPUR, Malaysia, Dec. 30, 2024 – VCI Global Limited (NASDAQ: VCIG) has made headlines by investing in Marvis Inc., a pioneering startup specializing in advanced digital clone AI technology. This strategic move was executed through a Simple Agreement for Future Equity (SAFE), allowing VCI Global to acquire equity in Marvis during its next financing round, which is currently capped at a valuation of US$30 million.
The Vision Behind Marvis
Founded and led by Masaaki Hatano, a serial entrepreneur renowned for his success with DFA Robotics KK, Marvis is at the forefront of automating routine tasks through its proprietary AI models. These AI digital clone agents not only enhance productivity but also allow users to focus on more strategic initiatives, driving innovation across various sectors.
Strong Support from Industry Giants
Marvis has garnered attention from notable advisors including Google LLC, Intel Corporation, and IBM Corporation, alongside Techstars. The company is set to list on NASDAQ in 2028, targeting a market capitalization of US$20 billion while currently raising up to US$5 million in its seed funding round.
The Growing Market for AI Agents
According to Markets and Markets, the global AI agents market is projected to exceed US$55 billion by 2030, with an impressive CAGR of 45% from 2024 to 2030. This growth is fueled by the increasing demand for automation and advancements in Natural Language Processing (NLP). Marvis positions itself as a cost-effective alternative to traditional Robotic Process Automation (RPA) solutions, bolstered by partnerships with Toshiba Tec Malaysia, Hitachi Global, and NTT Data Group.
Transforming the Future
Masaaki Hatano states, “This is just the beginning for Marvis. The AI agents are set to transform the world, empowering humanity to break free from both digital and physical tasks.” Dato’ Victor Hoo, the Group Executive Chairman of VCI Global, emphasizes their commitment to leading in the AI agents industry, with 2025 marked as the pivotal year for innovation.
About VCI Global Limited
VCI Global is a diversified holding company based in Kuala Lumpur, operating across five key sectors: Capital Market Consultancy, Fintech, Real Estate, AI & Robotics, and Cybersecurity. The company is dedicated to fostering innovation and delivering exceptional value, establishing a strong presence across the Asia-Pacific, United States, Europe, and the Middle East.
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