Company Announcements

Junee Limited Invests in $100M AI Superfactory

Junee Limited (JUNE) has released an update.

Junee Limited’s subsidiary ASPAC AI Computing Pty Ltd has inked a service contract with PanaAI Intelligence Pte Ltd for the creation of a $100 million artificial intelligence superfactory in Australia. The deal includes design, procurement, and deployment services for the superfactory, with PanaAI receiving a 3% service fee for their contributions. This strategic move marks a significant investment in the AI industry and showcases Junee Limited’s commitment to technological advancement.

For further insights into JUNE stock, check out TipRanks’ Stock Analysis page.

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