VCI Global Secures Additional US$30 Million Investment Commitment from Alumni Capital LP to Propel Its AI Cloud Computing Business Forward in Q2 2025
VCI Global (NASDAQ: VCIG) has secured an additional US$30 million investment commitment from Alumni Capital LP, following an earlier US$5 million investment. This new commitment, in exchange for VCI Global common shares, will support the company's strategic expansion into AI cloud computing, particularly for planned developments in Q2 2025.
The company retains the right, but is not obligated, to draw on this amount, providing flexibility in accessing funds. With this capital, VCI Global's subsidiary VC AI will launch the AI Computing Center (AICC) in Malaysia, equipped with 512 NVIDIA H200 Tensor Core GPUs. This center is expected to rank among the top 30 globally, enabling efficient processing of vast amounts of data for generative AI and high-performance computing applications.
VCI Global (NASDAQ: VCIG) ha ottenuto un ulteriore impegno di investimento di 30 milioni di dollari da Alumni Capital LP, dopo un precedente investimento di 5 milioni di dollari. Questo nuovo impegno, in cambio di azioni ordinarie di VCI Global, sosterrà l'espansione strategica dell'azienda nel campo del cloud computing AI, in particolare per gli sviluppi pianificati nel secondo trimestre del 2025.
L'azienda mantiene il diritto, ma non è obbligata, a utilizzare questo importo, fornendo flessibilità nell'accesso ai fondi. Con questo capitale, la controllata di VCI Global, VC AI, lancerà il AI Computing Center (AICC) in Malesia, dotato di 512 GPU NVIDIA H200 Tensor Core. Questo centro si prevede che si classifichi tra i primi 30 a livello globale, consentendo un'elaborazione efficiente di enormi quantità di dati per applicazioni di AI generativa e calcolo ad alte prestazioni.
VCI Global (NASDAQ: VCIG) ha asegurado un compromiso de inversión adicional de 30 millones de dólares de Alumni Capital LP, tras una inversión anterior de 5 millones de dólares. Este nuevo compromiso, a cambio de acciones comunes de VCI Global, apoyará la expansión estratégica de la empresa hacia el cloud computing de IA, particularmente para los desarrollos previstos en el segundo trimestre de 2025.
La empresa se reserva el derecho, pero no está obligada, a retirar esta cantidad, proporcionando flexibilidad en el acceso a los fondos. Con este capital, la subsidiaria de VCI Global, VC AI, lanzará el AI Computing Center (AICC) en Malasia, equipado con 512 GPU NVIDIA H200 Tensor Core. Se espera que este centro se clasifique entre los 30 mejores a nivel mundial, permitiendo un procesamiento eficiente de grandes cantidades de datos para aplicaciones de IA generativa y computación de alto rendimiento.
VCI Global (NASDAQ: VCIG)는 Alumni Capital LP로부터 3천만 달러의 추가 투자 약속을 확보하였으며, 이는 이전의 5백만 달러 투자에 이어지는 것입니다. 이 새로운 약속은 VCI Global의 보통주에 대한 대가로 제공되며, AI 클라우드 컴퓨팅으로의 전략적 확장을 지원할 것입니다. 특히 2025년 2분기에 계획된 개발을 위해 이루어집니다.
회사는 이 금액을 인출할 수 있는 권리를 유지하지만 의무는 없으며, 자금 접근에 있어 유연성을 제공합니다. 이 자본으로 VCI Global의 자회사인 VC AI는 말레이시아에 AI 컴퓨팅 센터 (AICC)를 설립할 예정이며, 512개의 NVIDIA H200 텐서 코어 GPU가 장착될 것입니다. 이 센터는 데이터 처리 효율성이 높아져 생성 AI 및 고성능 컴퓨팅 애플리케이션을 위한 데이터 처리를 가능하게 하여 세계적으로 상위 30위 안에 들 것으로 예상됩니다.
VCI Global (NASDAQ: VCIG) a obtenu un engagement d'investissement supplémentaire de 30 millions de dollars de la part d'Alumni Capital LP, suite à un investissement antérieur de 5 millions de dollars. Ce nouvel engagement, en échange d'actions ordinaires de VCI Global, soutiendra l'expansion stratégique de l'entreprise dans le domaine du cloud computing basé sur l'IA, notamment pour les développements prévus au deuxième trimestre 2025.
L'entreprise se réserve le droit, mais n'est pas obligée, de tirer sur ce montant, offrant ainsi une flexibilité dans l'accès aux fonds. Avec ce capital, la filiale de VCI Global, VC AI, lancera le AI Computing Center (AICC) en Malaisie, équipé de 512 GPU NVIDIA H200 Tensor Core. Ce centre devrait se classer parmi les 30 meilleurs au monde, permettant un traitement efficace de grandes quantités de données pour des applications d'IA générative et de calcul haute performance.
VCI Global (NASDAQ: VCIG) hat ein weiteres Investitionsversprechen in Höhe von 30 Millionen US-Dollar von Alumni Capital LP gesichert, nach einer früheren Investition von 5 Millionen US-Dollar. Dieses neue Versprechen, im Austausch für Stammaktien von VCI Global, wird die strategische Expansion des Unternehmens in AI-Cloud-Computing unterstützen, insbesondere für die geplanten Entwicklungen im zweiten Quartal 2025.
Das Unternehmen behält sich das Recht vor, ist jedoch nicht verpflichtet, diesen Betrag abzurufen, was Flexibilität bei der Mittelbeschaffung ermöglicht. Mit diesem Kapital wird die Tochtergesellschaft von VCI Global, VC AI, das AI Computing Center (AICC) in Malaysia eröffnen, ausgestattet mit 512 NVIDIA H200 Tensor Core GPUs. Es wird erwartet, dass dieses Zentrum zu den 30 besten weltweit gehört und eine effiziente Verarbeitung großer Datenmengen für generative KI und leistungsstarke Computing-Anwendungen ermöglicht.
- Secured additional US$30 million investment commitment from Alumni Capital LP
- Flexibility to access funds as needed without obligation
- Planned launch of AI Computing Center (AICC) in Malaysia
- AICC equipped with 512 NVIDIA H200 Tensor Core GPUs, potentially ranking among top 30 globally
- Strategic expansion into AI cloud computing business
- None.
Insights
This investment commitment is a significant development for VCI Global, potentially accelerating its AI cloud computing ambitions. The
The planned AI Computing Center (AICC) in Malaysia, equipped with 512 NVIDIA H200 Tensor Core GPUs, could position VCI Global as a major player in the AI infrastructure space. This move aligns with the growing demand for high-performance computing resources in AI and machine learning applications.
However, investors should note that the commitment is for Q2 2025, which is still some time away. The company retains the flexibility to draw or not draw on these funds, which provides financial agility but also introduces some uncertainty. The success of this venture will largely depend on the execution of the AICC project and the demand for AI computing resources in Southeast Asia and globally.
The planned AICC with 512 NVIDIA H200 Tensor Core GPUs is a significant technical investment. These GPUs are among the most advanced for AI workloads, offering exceptional performance for training and inference tasks. Positioning this center among the top 30 globally could attract high-profile clients and research partnerships.
The focus on generative AI and high-performance computing applications is timely, given the explosive growth in these areas. However, the tech landscape can change rapidly by 2025. VCI Global will need to remain agile and possibly adjust its hardware plans as new technologies emerge.
The strategic location in Malaysia could serve as a hub for AI development in Southeast Asia, potentially capturing a growing market for AI services in the region. This move could position VCI Global as a key player in the Asian AI ecosystem.
KUALA LUMPUR, Malaysia, Oct. 01, 2024 (GLOBE NEWSWIRE) -- VCI Global Limited (NASDAQ: VCIG) (Frankfurt: H0T) (“VCI Global” or the “Company”) today announced a new investment commitment of US
With an approved capital infusion of US
“We are confident that this US
About VCI Global Limited
VCI Global is a diversified holding company headquartered in Kuala Lumpur, Malaysia. The Company operates through five core businesses: Capital Market Consultancy, Fintech, Real Estate, AI & Robotics, and Cybersecurity. In Capital Market Consultancy, we provide IPO solutions, investor relations (IR) and public relations (PR) consultancy, and M&A consultancy. Our Fintech arm offers a proprietary financing platform. In Real Estate, we offer specialized real estate consultancy services. The AI business delivers GPU servers, GPU cloud computing services, AI and large language model (LLM) solutions, while the Robotics segment focuses on post-harvest robotics systems. Our Cybersecurity segment provides comprehensive cybersecurity consultancy services and solutions. Committed to fostering innovation and delivering exceptional value, VCI Global has established a strong presence across the Asia-Pacific region, the United States, Europe, and the Middle East, driving growth and transformation on a global scale.
For more information on the Company, please log on to https://v-capital.co/.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements that are subject to various risks and uncertainties. Such statements include statements regarding the Company’s ability to grow its business and other statements that are not historical facts, including statements which may be accompanied by the words “intends,” “may,” “will,” “plans,” “expects,” “anticipates,” “projects,” “predicts,” “estimates,” “aims,” “believes,” “hopes,” “potential” or similar words. These forward-looking statements are based only on our current beliefs, expectations, and other future conditions. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks, and changes in circumstances that are difficult to predict and many of which are outside of our control. Therefore, you should not rely on any of these forward-looking statements. Actual results could differ materially from those described in these forward-looking statements due to certain factors, including without limitation, the Company’s ability to achieve profitable operations, customer acceptance of new products, the effects of the spread of coronavirus (COVID-19) and future measures taken by authorities in the countries wherein the Company has supply chain partners, the demand for the Company’s products and the Company’s customers’ economic condition, the impact of competitive products and pricing, successfully managing and, general economic conditions and other risk factors detailed in the Company’s filings with the United States Securities and Exchange Commission (“SEC”). The forward-looking statements contained in this press release are made as of the date of this press release, and the Company does not undertake any responsibility to update the forward-looking statements in this release, except in accordance with applicable law.
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