tiprankstipranks
Company Announcements

Junee Limited Invests in $100M AI Superfactory

Junee Limited (JUNE) has released an update.

Pick the best stocks and maximize your portfolio:

Junee Limited’s subsidiary ASPAC AI Computing Pty Ltd has inked a service contract with PanaAI Intelligence Pte Ltd for the creation of a $100 million artificial intelligence superfactory in Australia. The deal includes design, procurement, and deployment services for the superfactory, with PanaAI receiving a 3% service fee for their contributions. This strategic move marks a significant investment in the AI industry and showcases Junee Limited’s commitment to technological advancement.

For further insights into JUNE stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks Auto-Generated NewsdeskJunee Limited Appoints Kelly Lam as Executive Director
TipRanks Auto-Generated NewsdeskJunee Limited to Launch AI Supercomputing Center
TipRanks Auto-Generated NewsdeskJunee Limited Expands AI Capabilities with PanaAI Agreement
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App