XMax Signs AI Service Agreements Worth Up to $25 Million
MT Newswires Live
Jun 29
XMax (XMAX) has signed multiple artificial intelligence model API service agreements with an aggregate contractual value of up to $25 million, the company said Monday.
The agreements cover enterprise AI model API services, cloud infrastructure integration and AI platform services, it said.
Additionally, XMax said it entered the GPU-as-a-Service market through its first commercial GPU service agreement.
Shares of the company were down 1% in early Monday trading.
Price: 8.71, Change: -0.08, Percent Change: -0.92
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.