Asia
ITC Properties Wins AI Computing Contract
ITC Properties Group (HKG:0199) won a contract to provide artificial intelligence computing services to an independent third-party customer, according to a Friday filing with the Hong Kong bourse.Under the contract, the firm will provide 490 petaflops of computing power resource services and a GPU server cluster of corresponding configuration for a basic service period of 6 months.The total consideration for the period was set at 28.9 million yuan, and 4.8 million yuan per month thereafter.Meanwhile, the firm said it entered an agreement with Ronglian Group (SHE:002642) to secure AI computing power infrastructure.
HKG:0199SHE:002642
