Valuetronics Holdings (SG:BN2) has released an update.
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Valuetronics Holdings Limited has increased its investment in a joint venture with Sinnet Cloud HK Limited, focusing on providing GPU chips and AI-related value-added cloud services. The newly formed entity, Trio AI Limited, will deliver services tailored for AI applications, including data and model services. Valuetronics’ subsidiary has already deployed significant resources, with an investment of around HKD 60 million in GPUs and hardware for the initiative.
For further insights into SG:BN2 stock, check out TipRanks’ Stock Analysis page.