Core Insights - Treasure Global Inc. (TGL) is launching a strategic initiative to develop an advanced AI cloud infrastructure in Malaysia, capable of supporting AI models with up to one trillion parameters, making it one of the most powerful AI computing environments in Southeast Asia [1][2][3] Group 1: Strategic Initiative - The initiative marks a significant milestone in TGL's expansion into enterprise-grade AI infrastructure, facilitating the development of large language models, computer vision systems, and generative AI applications [2] - The AI cloud platform's development has begun, with phased deployment planned throughout 2025 [2] Group 2: Technological Capabilities - The platform will utilize advanced GPU clusters optimized for large-scale, multi-modal AI workloads, built on DeepSeek's technology, providing high-performance computing for training trillion-parameter models [3] - The global AI infrastructure market is projected to reach USD 60.23 billion in 2025, with a compound annual growth rate (CAGR) of 26.60% from 2025 to 2034 [4] Group 3: Market Demand and Applications - Malaysia is emerging as a regional hub for digital innovation, addressing the growing demand for scalable computing infrastructure across various sectors, including finance, healthcare, education, and logistics [4][11] - TGL's AI cloud platform aims to enhance access to high-performance AI capabilities across multiple sectors [5] Group 4: Partnerships and Agreements - TGL has secured a USD 16 million service agreement with V Gallant Sdn Bhd, redirecting a significant portion of the capital commitment towards the AI cloud platform's design and deployment [5][6] - The agreement is effective through December 2025, with both parties focused on accelerating TGL's role in Southeast Asia's AI infrastructure landscape [6] Group 5: Company Vision - The CEO of TGL emphasized the commitment to building world-class infrastructure to support the shift toward AI-native enterprises, aiming to create long-term value for customers and shareholders [7] - TGL is recognized as a key player in Malaysia's digital economy, with its flagship product, the ZCITY Super App, attracting over 2.9 million registered users as of November 2024 [8]

KUALA LUMPUR, Malaysia, March 24, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ:TGL) ("Treasure Global" or the "Company"), a Nasdaq-listed technology company, today announced a strategic initiative to develop and deploy an advanced artificial intelligent (AI) cloud infrastructure in Malaysia. This new platform will be capable of supporting AI models up to one trillion parameters, positioning it among the most powerful AI computing environments in Southeast Asia. This initiative represents a signific ...

Zhejiang Leapmotor Technology (09863) Q4 2024 Earnings Call March 10, 2025 04:39 PM ET Operator This meeting is a closed door meeting of China International Capital Corporation Limited, CICC, and only invited guests allowed to attend. Without the written permission of CICC and the speaker, no organization or individual is allowed to punish, forward, reprint, disseminate, copy, edit or modify the meeting contents and relevant information in any form. CICC reserves the right to investigate the relevant legal ...

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