Junee Limited Announces Financing Round of Up to US$40 Million to Establish AI (Artificial Intelligence) Supercomputing Center in Australia

SINGAPORE, Oct. 29, 2024 /PRNewswire/ -- Junee Limited (NASDAQ: JUNE) (the "Company"), today announced its strategic focus on developing and operating artificial intelligence (AI) computing centers. To support this initiative, the Company plans to raise up to US$40 million through a financing round, with the funds earmarked for the establishment of an AI supercomputing center in Australia and to bolster its working capital.The planned financing of up to US$40 million will be used primarily for two key purpo ...