Andretti Acquisition Corp. signs non-binding LOI to buy generative AI software company

Zapata Quantum, Inc.

LOI signed July 6, 2023 for business combination with a generative AI software company.
Deal subject to completion of due diligence, negotiation of definitive documentation, and board/shareholder approval.
Definitive business combination agreement expected in Q3 2023.
Target company operates in generative AI, with transformative applicability across chemicals, pharma, aerospace, finance, motorsports.

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