VCI Global Closes Three AI Contracts Totaling $33 Million

MT Newswires Live

03/24

VCI Global (VCIG) said Monday it has closed three contracts totaling $33 million for the deployment of advanced artificial intelligence infrastructure services.

The clients include Malaysian infrastructure and construction company Hexatoff Group, Malaysian marketing technology company Quantum Universe Capital, and an undisclosed Nasdaq-listed AI cloud services provider, VCI said.

VCI said it currently procuring the necessary hardware for the three projects, which are scheduled to be completed in the next 12 months.

VCI Global shares were more than 4% higher in premarket trading.

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