Agassi Sports Entertainment Corp. announced that it has entered into an Embedded Solution Agreement with International Business Machines Corporation $(IBM)$ for the integration of IBM cloud services into an AI-powered self-improvement mobile application for tennis and pickleball players. Under the agreement, Agassi Sports Entertainment Corp. has committed to a minimum payment of $500,000 for the period from February 1, 2026 to January 31, 2027, and $3,300,000 for the period from February 1, 2027 to January 31, 2031. The initial $500,000 payment is non-refundable, and the subsequent commitment becomes non-refundable unless terminated in writing by December 31, 2026. The agreement has an initial term of one year and will automatically renew for an additional four years unless terminated by the company by December 31, 2026. Additionally, IBM will provide up to $250,000 in cloud credits for development and testing, subject to certain conditions.

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