Treasure Global Inc. Launches AI Cloud Platform for Growth
Treasure Global Inc. Launches Innovative AI Cloud Infrastructure
Treasure Global Inc. (NASDAQ: TGL), a leading technology company listed on Nasdaq, is excited to announce its latest initiative to develop an advanced artificial intelligence (AI) cloud infrastructure. This new platform is set to be among the most powerful AI computing environments in Southeast Asia, capable of supporting AI models with up to one trillion parameters.
Strategic Goals of TGL's AI Infrastructure
This ambitious project marks a crucial step in TGL’s journey to expand into the realm of enterprise-grade AI infrastructure. The aim is to facilitate the development of next-generation large language models (LLMs), computer vision systems, and innovative generative AI applications. The development process of this AI cloud platform has already begun with phased deployments planned throughout the upcoming year.
Powering Innovation with Advanced GPU Clusters
To drive these advancements, TGL's new platform will utilize state-of-the-art graphics processing unit (GPU) clusters that are specifically optimized for large-scale and multi-modal AI workloads. Leveraging DeepSeek’s technology, this infrastructure will deliver exceptional computing capabilities essential for training and hosting trillion-parameter models, rivaling the top existing AI environments worldwide.
The Growing AI Infrastructure Market
The need for enhanced AI infrastructure is a global phenomenon, with the market projected to reach USD 60.23 billion by 2025, according to industry analysts. Moreover, forecasts indicate a substantial compound annual growth rate (CAGR) of 26.60% from 2025 to 2034. This surge is also reflected in Malaysia, which is rapidly establishing itself as a significant hub for digital innovation. The country is working diligently to meet the increasing demand for scalable computing solutions across various sectors including finance, healthcare, education, and logistics.
Broader Access to High-Performance AI Capabilities
TGL’s AI cloud platform aims to provide wide-ranging access to high-performance AI solutions, catering to multiple sectors:
- Financial Services: Utilizing AI for enhanced risk analytics, improved credit scoring, and robust anti-fraud systems.
- Healthcare: Leveraging AI for diagnostic imaging, triage support, and intelligent medical assistants.
- Retail and Logistics: Harnessing AI for demand forecasting, efficient route optimization, and personalized customer experiences.
- Public Sector and Education: Applying AI in generative tools, simulation engines, and automation strategies.
Strategic Partnerships and Commitment
To support this strategic push, TGL has established a USD 16 million service agreement with V Gallant Sdn Bhd, a Malaysian AI solutions provider. A significant portion of this capital has been realigned towards the design and deployment of the AI cloud platform, reinforcing TGL’s commitment to expanding its AI infrastructure. This agreement is active until the end of 2025, with both parties dedicated to accelerating TGL’s impact in Southeast Asia’s AI domain. Furthermore, a corresponding Form 8-K will be submitted to the U.S. Securities and Exchange Commission to reflect these updates.
CEO's Vision for the Future
In light of these developments, Carlson Thow, CEO of Treasure Global Inc., stated, “The transition towards AI-native enterprises is advancing rapidly. Our company is committed to fostering this transformation by constructing world-class infrastructure. This initiative not only enhances our technological presence but also paves the way for creating long-term value for our customers and investors.”
About Treasure Global Inc.
Treasure Global, recognized as a pioneering solutions provider in Malaysia, specializes in creating innovative technology platforms that facilitate digital transformation. The company’s flagship product, the ZCITY Super App, seamlessly integrates e-payment solutions with customer rewards, contributing to a comprehensive digital ecosystem. As of the latest updates, the ZCITY Super App has garnered over 2.9 million registered users, solidifying Treasure Global's status in Malaysia's dynamic digital economy.
About V Gallant Sdn Bhd
V Gallant, a subsidiary of VCI Global Limited (NASDAQ: VCIG), excels in providing AI infrastructure and cybersecurity solutions that promote innovation and security. The company specializes in supplying high-performance GPU hardware and software platforms tailored for LLM training, AI agent development, and advanced machine learning and data analytics. In addition, V Gallant offers extensive cybersecurity services to ensure organizations remain resilient against evolving threats in an increasingly digital environment.
Frequently Asked Questions
What is Treasure Global Inc. planning to launch?
Treasure Global Inc. is launching an AI cloud infrastructure capable of supporting trillion-parameter AI models.
How will TGL's platform impact various sectors?
The new platform will enhance capabilities in sectors like finance, healthcare, retail, and education, offering scalable AI solutions.
Who has partnered with TGL for this initiative?
TGL has partnered with V Gallant Sdn Bhd, which specializes in AI solutions, to support the deployment of the AI cloud infrastructure.
What are the expected benefits of this AI infrastructure?
The AI infrastructure will provide high-performance computing resources that boost efficiency, facilitate innovation, and drive digital transformation across industries.
When is the AI cloud platform expected to be deployed?
The phased deployment of the AI cloud platform is scheduled throughout the upcoming year.
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