Davis Commodities Limited and Kohai Jointly Engage in Strategic AI Investments
Davis Commodities (NASDAQ: DTCK) and gaming company Kohai have signed an MOU to jointly invest in Kinetic AI, an artificial intelligence solutions developer. The partnership includes an initial $2 million investment as cornerstone investors.
Kinetic AI develops enterprise solutions using Tencent's open-source AI language model, focusing on data analytics and digital engagement experiences. Davis Commodities will provide operational data for AI model training, while receiving operational optimization suggestions in return. Kohai, projecting revenue and user CAGR of 519% and 389% respectively from 2022 to 2025, will contribute its IT expertise and assist in product development.
The collaboration aims to leverage AI technology across different sectors, with the global AI market forecasted to exceed $1 trillion by 2030. Kinetic AI's platform offers customizable and scalable solutions to help businesses harness AI effectively.
Davis Commodities (NASDAQ: DTCK) e la società di gioco Kohai hanno firmato un MOU per investire congiuntamente in Kinetic AI, uno sviluppatore di soluzioni di intelligenza artificiale. La partnership prevede un investimento iniziale di 2 milioni di dollari come investitori fondamentali.
Kinetic AI sviluppa soluzioni aziendali utilizzando il modello linguistico AI open source di Tencent, concentrandosi sull'analisi dei dati e sulle esperienze di coinvolgimento digitale. Davis Commodities fornirà dati operativi per l'addestramento del modello AI, mentre riceverà suggerimenti per l'ottimizzazione operativa in cambio. Kohai, che prevede tassi di crescita del fatturato e degli utenti rispettivamente del 519% e 389% dal 2022 al 2025, contribuirà con la sua esperienza IT e assisterà nello sviluppo del prodotto.
La collaborazione mira a sfruttare la tecnologia AI in diversi settori, con il mercato globale dell'AI previsto superare il trilione di dollari entro il 2030. La piattaforma di Kinetic AI offre soluzioni personalizzabili e scalabili per aiutare le aziende ad utilizzare efficacemente l'AI.
Davis Commodities (NASDAQ: DTCK) y la empresa de juegos Kohai han firmado un MOU para invertir conjuntamente en Kinetic AI, un desarrollador de soluciones de inteligencia artificial. La asociación incluye una inversión inicial de 2 millones de dólares como inversores fundamentales.
Kinetic AI desarrolla soluciones empresariales utilizando el modelo de lenguaje de IA de código abierto de Tencent, centrado en análisis de datos y experiencias de compromiso digital. Davis Commodities proporcionará datos operativos para el entrenamiento del modelo de IA, mientras que recibirá sugerencias de optimización operativa a cambio. Kohai, proyectando un crecimiento del ingreso y del usuario del 519% y 389% respectivamente de 2022 a 2025, contribuirá con su experiencia en TI y asistirá en el desarrollo del producto.
La colaboración tiene como objetivo aprovechar la tecnología de IA en diferentes sectores, con el mercado global de IA proyectado para superar el billón de dólares para 2030. La plataforma de Kinetic AI ofrece soluciones personalizables y escalables para ayudar a las empresas a aprovechar la IA de manera efectiva.
데이비스 커모딧ies (NASDAQ: DTCK)와 게임 회사 코하이가 공동으로 키네틱 AI에 투자하기 위한 양해각서를 체결했습니다. 이 파트너십은 초석 투자자로서 초기 200만 달러의 투자를 포함합니다.
키네틱 AI는 텐센트의 오픈소스 AI 언어 모델을 사용하여 기업 솔루션을 개발하며, 데이터 분석 및 디지털 참여 경험에 중점을 둡니다. 데이비스 커모딧ies는 AI 모델 교육을 위한 운영 데이터를 제공하고, 그 대가로 운영 최적화 제안을 받을 것입니다. 코하이는 2022년부터 2025년까지 각각 519%와 389%의 수익 및 사용자 연평균 성장률을 예상하고 있으며, IT 전문 지식을 제공하고 제품 개발을 지원할 것입니다.
이번 협업은 다양한 분야에서 AI 기술을 활용하는 것을 목표로 하며, 전 세계 AI 시장은 2030년까지 1조 달러를 초과할 것으로 예상됩니다. 키네틱 AI의 플랫폼은 기업들이 효과적으로 AI를 활용할 수 있도록 돕기 위해 맞춤형 및 확장 가능한 솔루션을 제공합니다.
Davis Commodities (NASDAQ: DTCK) et la société de jeux Kohai ont signé un MOU pour investir conjointement dans Kinetic AI, un développeur de solutions d'intelligence artificielle. Le partenariat comprend un investissement initial de 2 millions de dollars en tant qu'investisseurs de base.
Kinetic AI développe des solutions d'entreprise en utilisant le modèle de langage AI open source de Tencent, avec un accent sur l'analyse de données et les expériences d'engagement numérique. Davis Commodities fournira des données opérationnelles pour l'entraînement du modèle d'IA, tout en recevant en retour des suggestions d'optimisation opérationnelle. Kohai, projetant une croissance annuelle de 519% et 389% respectivement des revenus et des utilisateurs de 2022 à 2025, contribuera avec son expertise informatique et aidera au développement du produit.
La collaboration vise à exploiter la technologie AI dans différents secteurs, le marché mondial de l'AI étant prévu pour dépasser 1 billion de dollars d'ici 2030. La plateforme de Kinetic AI propose des solutions personnalisables et évolutives pour aider les entreprises à tirer parti de l'AI de manière efficace.
Davis Commodities (NASDAQ: DTCK) und das Gaming-Unternehmen Kohai haben eine MOU unterzeichnet, um gemeinsam in Kinetic AI, einen Entwickler von KI-Lösungen, zu investieren. Die Partnerschaft umfasst eine anfängliche Investition von 2 Millionen US-Dollar als Grundinvestoren.
Kinetic AI entwickelt Unternehmenslösungen unter Verwendung von Tengents Open-Source-KI-Sprachmodell, mit einem Fokus auf Datenanalyse und digitale Engagement-Erfahrungen. Davis Commodities wird betriebliche Daten für das Training des KI-Modells bereitstellen und im Gegenzug Vorschläge zur Optimierung der Betriebsabläufe erhalten. Kohai, das von einem Umsatz- und Nutzer-CAGR von 519 % bzw. 389 % von 2022 bis 2025 ausgeht, wird sein IT-Fachwissen einbringen und bei der Produktentwicklung unterstützen.
Die Zusammenarbeit zielt darauf ab, KI-Technologie in verschiedenen Sektoren zu nutzen, wobei der globale KI-Markt bis 2030 voraussichtlich 1 Billion US-Dollar übersteigen wird. Die Plattform von Kinetic AI bietet anpassbare und skalierbare Lösungen, um Unternehmen zu helfen, KI effektiv zu nutzen.
- Strategic investment in AI technology with potential for future value growth
- Access to operational optimization solutions that may increase revenue and earnings
- Partnership with Kohai, showing strong growth projections (519% revenue CAGR, 389% user CAGR)
- Initial $2 million investment requires capital outlay
- Returns on AI investment are not guaranteed and may take time to materialize
Insights
This
The partnership with Kohai, which projects impressive growth rates of
The technical synergy here is compelling. Kinetic AI's decision to build on Tencent's open-source language model provides a solid foundation while allowing for customization. The diverse data streams from both Davis Commodities (operational and trading data) and Kohai (gaming user behavior) will create a rich training environment for AI model development. This multi-domain approach to AI development is particularly valuable, as it can lead to more robust and adaptable AI systems.
Think of it like cross-training an athlete - exposure to different types of exercises (or in this case, data) creates more well-rounded performance. The potential applications span from optimizing commodity trading algorithms to enhancing user engagement in gaming, with the possibility of discovering unexpected patterns and insights across these seemingly unrelated domains.
The strategic timing of this investment aligns with two explosive market trajectories: the projected
In simple terms, imagine building a new type of recipe book where one chef brings traditional ingredients, another brings modern cooking techniques and a third brings the ability to analyze and perfect recipes. The combination could create something more valuable than any could achieve alone.
SINGAPORE, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Davis Commodities Limited (NASDAQ: DTCK), a global leader in commodities and logistics, and Kohai, an innovative gaming and eSports organization, today announced the signing of a Memorandum of Understanding (MOU) to jointly invest in Kinetic AI, a company that develops enterprise solutions using artificial intelligence (AI).
Empowering Businesses with Innovative AI Solutions
The global AI market is forecasted to surpass
Kinetic AI's unique approach lies in its commitment to providing customizable and scalable platforms that empower businesses of all scales to harness the power of AI effectively. By offering tailored solutions, Kinetic AI enables organizations to unlock the full potential of artificial intelligence, ultimately leading to the creation of impactful, user-centric solutions that drive innovation and enhance overall business performance. Davis Commodities Limited and Kohai plan to invest an initial capital of
CEO Statement:
Ms Li Peng Leck, Executive Chairwoman and Executive Director of Davis Commodities Limited, commented: “Kinetic AI’s scalable, intuitive approach perfectly aligns with our pursuit of next-level innovation. We believe that Kinetic AI has significant potential for investment value growth in the future, making it a strategic investment for us. Davis Commodities will also provide various operational data to Kinetic AI for product development and AI model training in the future. We will ensure appropriate privacy protection in data processing. In return, Kinetic AI will offer us suggestions for operational optimization and cost savings that may increase our revenue and earnings in the future.”
Kohai Take an Important Role in Collaboration
Kohai is a pioneering gaming and eSports organization with its headquarters in Kuala Lumpur and operations extending into Indonesia.It is committed to pushing the boundaries of digital entertainment through large-scale events, community-centric platforms, and advanced technology. The company expects revenue and user compound annual growth rates (CAGR) to reach
“This isn’t just a financial investment. It’s a collaboration that brings together very different but equally dynamic sectors,” explained Ms. Lim Su Min, CEO of Kohai. “With the gaming industry set to top
“By pairing Davis Commodities Limited and Kohai’s expertise in the rapidly expanding commodity trading and gaming arena, Kinetic AI can develop robust solutions that resonate across vastly different audiences,” stated Mustafa Suleyman co-founder of Kinetic AI. “We anticipate breakthroughs in both commercial viability and consumer-facing innovation through the support of the two cornerstone investors.”
About Davis Commodities Limited (NASDAQ: DTCK)
Davis Commodities Limited stands as a globally recognized agricultural trading company and logistics powerhouse. Specializing in the trading and distribution of essential staples like sugar, rice, and edible oils, the company boasts a robust presence spanning across Asia, Africa, and the Middle East. Renowned for its integration of forward-thinking technologies to optimize trading operations, manage supply chains, and propel organizational growth, Davis Commodities Limited strategically invests in AI to maximize value for stakeholders.
About Kohai
Kohai emerges as a tech-driven gaming and esports trailblazer, harnessing the power of big data analytics to revolutionize digital entertainment experiences. Positioned for an upcoming IPO and bolstered by an expanding user base, Kohai seamlessly blends creativity with cutting-edge technology to redefine the way gamers and fans engage with content.
About Kinetic AI
Kinetic AI constructs next-generation language models and AI technologies tailored for a range of applications, spanning from enterprise data analytics to immersive digital engagement. With customizable and scalable platforms, the company empowers businesses of all sizes to harness AI effectively in crafting impactful, user-centric solutions.
#NasdaqDTCK #Kohai #AI
FAQ
How much are Davis Commodities (DTCK) and Kohai investing in Kinetic AI?
What is Kohai's projected revenue CAGR from 2022 to 2025?
How will DTCK benefit from the Kinetic AI investment?
What is the forecasted size of the global AI market by 2030?
What technology does Kinetic AI use for its solutions?
