Smart City Development Holdings (08268) and OAM Global Sign Strategic Cooperation Memorandum to Promote AI Computing Lab and AI Assistant Development
On January 16, 2025, Smart City Development Holdings (HK. 8268) announced that the company has signed a strategic cooperation memorandum with OAM Global Limited (OAM Global) to promote the development and implementation of AI computing labs and AI assistants (AI Agent). According to the memorandum, the company plans to utilize OAM Global’s professional knowledge in the field of machine learning and algorithmic trading to further develop smart city infrastructure. Through this cooperation, the company will introduce AI computing labs and AI assistants to enhance its smart city service capabilities to meet the future demand for artificial intelligence technology in smart cities.
Under the cooperation framework, the company can provide space for the construction of AI computing labs. OAM...