What is the current status of Datavault AI's patent infringement claims against "Top U.S. Banks" mentioned in August 2025?

As of March 2026, the most recent public information regarding Datavault AI Inc.'s (US:DVLT) patent infringement claims against "Top U.S. Banks" dates back to August 2025. At that time, Datavault AI announced that third-party legal counsel had identified "Top U.S. Banks" as patent infringers.1

Key details from the August 2025 announcement include:

• Identification of Infringers: Third-party legal counsel identified "Top U.S. Banks" as infringing on Datavault AI's patented exchange and Web 3.0 technologies, which are designed for data monetization, real-world assets, and precious earth elements.1
• Expert Review: An extensive financial and technological expert review had been conducted, complete with detailed claim charts.1
• Legal Counsel Engaged: Datavault AI had retained Fish Richardson LLP, described as a top-tier IP litigation funding and counsel, to "pursue licensing settlements or initiate litigation-based licensing activities immediately".1
• Patent Portfolio: The company highlighted its expanding intellectual property portfolio, which included 72 patent assets (30 issued, 10 allowed, 32+ pending).1

While Datavault AI's subsequent SEC filings mention general legal proceedings and risks,2 they do not provide specific updates on the status of the patent infringement claims against these banks (e.g., whether settlements have been reached or if formal litigation has commenced or progressed). Therefore, based on available information, the situation in March 2026 remains at the stage where infringers were identified, expert analysis completed, and legal action or settlement discussions were intended to be pursued.