J Capital Research short SuperX AI, says ‘pretending it’s in AI’

J Capital Research is short SuperX AI. In a recently published report, it said that, “The design and fit-out company pretending it’s in AI with photoshopped logos, copied specs, and empty announcements about undisclosed related parties Chinese property developers – one a convicted child molester – are behind SUPX and want you to think this tiny company is in AI. It’s not.” “We’ve found that the ‘AI products’ SUPX is touting are likely digitally altered images with plagiarized specifications. Specs appear to be taken from other companies’ websites, and third-party photo inspection tools suggest the SUPX logo may be photoshopped onto the hardware. Other AI announcements are just as empty: in one year, SUPX has reported no progress on the $200 mln ‘superfactory’ it announced in August 2024, and the company is renting just a small portion of a warehouse for its ‘Japanese AI Supply Center,’ J Capital further states. Shares of SuperX AI (SUPX)are down about 2% at $48.01 in morning trading.