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SAKURA Internet Inc. Secures 13 Billion Yen for AI Equipment Investment

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SAKURA Internet Inc. Secures 13 Billion Yen for AI Equipment Investment

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SAKURA Internet Inc. ( (JP:3778) ) has shared an announcement.

SAKURA Internet Inc. has announced a borrowing plan of 13 billion yen from major banks to invest in equipment for generative AI services, specifically for NVIDIA B200 GPUs. This move is part of their second-phase investment plan under a government cloud program, and while it is expected to have minimal immediate financial impact, it positions the company to enhance its technological capabilities and service offerings.

The most recent analyst rating on (JP:3778) stock is a Hold with a Yen3299.00 price target. To see the full list of analyst forecasts on SAKURA Internet Inc. stock, see the JP:3778 Stock Forecast page.

More about SAKURA Internet Inc.

SAKURA Internet Inc. is a company listed on the Tokyo Stock Exchange, operating in the technology industry. It focuses on providing cloud services and is investing in generative AI services, which indicates a strategic emphasis on advanced computing solutions.

Average Trading Volume: 2,678,638

Technical Sentiment Signal: Sell

Current Market Cap: Yen122.7B

For an in-depth examination of 3778 stock, go to TipRanks’ Overview page.

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