VCI Global (VCIG) announced the acquisition of three significant contracts totaling $33M for the deployment of advanced AI infrastructure solutions. These projects are set to enhance clients’ computing capabilities, enabling the efficient management and processing of AI model distillation with a combined capacity of 6 trillion parameter distillation. VCI Global’s AI infrastructure solutions will be deployed across three major clients, each operating in distinct high-growth industries: Hexatoff Group: A turnkey solutions provider specializing in infrastructure and building construction, registered with the Ministry of Finance Malaysia. The company is currently developing a state-of-the-art data center in Enstek City, Malaysia. Quantum Universe Capital: A marketing technology company focused on developing innovative gaming platforms that integrate advanced quantum computing concepts to enhance user experiences. Confidential Nasdaq-listed company: A leading AI cloud services provider, establishing a robust infrastructure to support its expansion in the artificial intelligence sector.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
See the top stocks recommended by analysts >>
Read More on VCIG:
