LifeNode
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CIMG Inc. Announces Entry into Computing Power Industry; Initial Contracts with Aggregate Value of Approximately $124 Million
Prnewswire· 2026-01-05 14:20
BEIJING, Jan. 5, 2026 /PRNewswire/ -- CIMG Inc. ("CIMG" or the "Company") (Nasdaq: IMG), a business group specializing in digital health and sales development, which utilizes technologies and marketing networks to enhance its business partners' sales growth and commercial value, today announced the execution of initial computing power-related commercial contracts. Through its subsidiaries, the Company signed multiple sales contracts and framework agreements with an aggregate contract value of approximately ...
CIMG Inc. Enters MoU with FLock for Privacy Preserving AI Solutions and FLOCK Treasury Strategy
Prnewswire· 2025-08-26 12:30
Core Insights - CIMG Inc. has signed a non-binding Memorandum of Understanding (MoU) with FLock Technology Holdings to collaborate on developing an AI-assisted wellness monitoring product called LifeNode [1][3] - The partnership aims to leverage FLock's privacy-preserving AI solutions and may include the acquisition of FLOCK tokens as a treasury reserve asset [1][4] - This collaboration is seen as a strategic growth step for CIMG, expanding its focus from specialty coffee to broader consumer food and beverage products [1][3] Company Overview - CIMG Inc. specializes in digital health and sales development, utilizing technology and marketing to enhance partners' sales growth [5] - The company’s brands include Kangduoyuan, Maca-Noni, Qianmao, Huomao, and Coco-mango [5] FLock Technology Holdings - FLock has developed a decentralized AI training platform, FLock.io, which combines federated learning and blockchain technology [2] - The platform allows for secure, privacy-preserving AI model training without centralizing data, enabling collaborative AI model development [2] Strategic Implications - The partnership is expected to enable the development of next-generation AI solutions that are personalized and privacy-centric, targeting the consumer health and wellness market [4] - CIMG anticipates that LifeNode will provide tailored wellness recommendations, integrating privacy-preserving AI and blockchain technologies [4] - The company sees significant growth potential in the digital asset and cryptocurrency sector and is evaluating the acquisition of FLOCK tokens [4]