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Junee Limited to Launch AI Supercomputing Center

Junee Limited (JUNE) has released an update.

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Junee Limited is set to raise up to US$40 million to establish an AI supercomputing center in Australia, aiming to become a leading force in AI computing. The funds will facilitate the construction of a cutting-edge facility equipped with advanced NVIDIA GPUs, alongside supporting the company’s working capital. By partnering with PanaAI, Junee seeks to capture a significant share of the growing AI market.

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

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