Luxury smartphone manufacturer Vertu has announced the launch of its new foldable phone, the AlphaFold, which incorporates artificial intelligence features and starts at $6,880.

The device combines AI-agent workflows with enterprise integrations and what the company describes as ultra-premium luxury finishes. The phone is built on top of the open-source Hermes project and includes Vertu's proprietary Hermes Agent software.

Vertu, which has faced challenges in recent years as a luxury phone maker, is positioning the AlphaFold toward wealthy consumers and business executives. The company is marketing the device as suitable for CEOs to run companies, emphasizing its enterprise capabilities alongside its luxury positioning.

The AlphaFold features what are described as decent technical specifications, though specific details about the hardware were not fully detailed in the announcement. The integration of AI functionality represents Vertu's latest attempt to differentiate its premium devices in the competitive smartphone market.

The launch comes as foldable phones continue to gain traction in the market, with Vertu joining other manufacturers in offering devices with flexible displays. The significant price point reflects Vertu's continued focus on the luxury segment of the mobile device market.