AI News Start-Up Signs a $2.25 Million USD LOI for Breaking Data–s Event Detection Technology and Publishing Platform
TORONTO, ONTARIO and LONDON, UNITED KINGDOM — (Marketwired) — 10/19/17 — Breaking Data Corp. ("Breaking Data" or the "Company") (TSX VENTURE: BKD)(OTCQB: BKDCF) is pleased to announce it has entered into binding Letter of Intent ("LOI") for $2.25 million USD to license and develop its AI technology to an undisclosed start-up media news partner.Under the terms of the deal, Breaking Data will:The SLA includes a non-refundable payment of $500,000 USD.Breaking Data