XMax Announces Five-Year AI Infrastructure Services Agreement
XMax expects the agreement to generate over US$100 million in revenue over five years.
Story updates
01:02:34 PM UTC
SquawkNews
XMax expects AI businesses supported by a planned 512-GPU project in Korea to generate over $100M in cumulative revenue over five years. The five-year service commitment is subject to board approval and delivery of a security guarantee and standby letter of credit by Nov. 17, 2026.Material DetailsC…
LOS ANGELES, Nov. 02, 2026 (GLOBE NEWSWIRE) -- XMax Inc. NASDAQ:XMAX (“XMax” or the “Company”), a distributor of contemporary furniture and artificial intelligence software and platform-based service provider, today announced that it has entered into a five-year artificial intelligence (“AI”) infra…