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Alphabet picks Rezolve AI for Google Cloud Web3 pipelines
Rezolve AI shares jumped nearly 22% on Aug. 25, alongside a volume surge of over 90 million shares ahead of its Sept. 1 earnings report.
Alphabet selected Rezolve AI PLC to support the indexing and data pipelines for Google Cloud’s Web3 blockchain datasets, a move that sent Rezolve shares up nearly 22% on Aug. 25, according to MarketBeat Ratings.
The deployment, which MarketBeat Ratings says processes about 100 terabytes of historical data across 10 major blockchain networks, runs multiple cryptographic checks plus schema and cross validation before data reaches Google Cloud hosted datasets.
MarketBeat Ratings also pointed to a trading reaction marked by more than 90 million shares in a single session and roughly a 55% spike in unusual call option volume, attributing part of the impact to short covering as borrowing costs pressure short sellers.
With Rezolve’s first-half earnings report due Sept. 1, MarketBeat Ratings framed the next period as a test of whether the partnership’s near-term momentum translates into monetizable revenue, noting Google Cloud Web3 infrastructure data ingestion is a core component of how enterprise applications access blockchain data.