Treasure Global Inc. Unveils AI Cloud Infrastructure in Malaysia to Power Trillion-Parameter Models

KUALA LUMPUR, Malaysia, March 24, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Nasdaq-listed technology company, today announced a strategic initiative to develop and deploy an advanced artificial intelligent (AI) cloud infrastructure in Malaysia. This new platform will be capable of supporting AI models up to one trillion parameters, positioning it among the most powerful AI computing environments in Southeast Asia.

This initiative represents a significant milestone in TGL’s expansion into enterprise-grade AI infrastructure, enabling the next generation of large language models (LLMs), computer vision systems, and generative AI applications. Development of AI cloud platform has commenced, with phased deployment scheduled throughout 2025.

To power these advancements, the platform will leverage cutting-edge graphics processing unit (GPU) clusters optimized for large-scale, multi-modal AI workloads. Built on DeepSeek’s technology, the infrastructure will provide the high-performance computing capabilities necessary for hosting and training trillion-parameter models — rivaling the largest existing AI environments globally.

The rapid growth of AI infrastructure is a global trend, with the market estimated to reach USD60.23 billion in 2025, according to Precedence Research. Projections indicated a compound annual growth rate (CAGR) of 26.60% from 2025 to 2034. This trend is also evident in Malaysia, which is rapidly emerging as a regional hub for digital innovation. The country is addressing the increasing demand for scalable computing infrastructure, catering to both public and private sector needs for scalable computing infrastructure, across industries such as finance, healthcare, education, and logistics.

TGL’s AI cloud platform is expected to broaden access to high-performance AI capabilities across multiple sectors:

  • Financial Services: Risk analytics, credit scoring, anti-fraud systems.
  • Healthcare: Diagnostic imaging, triage support, medical AI assistants.
  • Retail and Logistics: Demand forecasting, route optimization, and customer personalization.
  • Public Sector and Education: Generative tools, simulation engines, automation.

Supporting this strategic initiative, TGL has secured a USD16 million service agreement signed in 2024 with V Gallant Sdn Bhd (“V Gallant”), a Malaysia-based AI solution provider. Under the revised scope of this agreement, a substantial portion of the capital commitment has been redirected toward the design and deployment of the AI cloud platform, reinforcing TGL’s long-term vision for AI infrastructure expansion.

The agreement remains in effect through December 2025, with both parties committed to accelerating TGL’s role in Southeast Asia’s AI infrastructure landscape. A corresponding Form 8-K will be filed with the U.S. Securities and Exchange Commission to reflect this scope enhancement. As part of the initiative, TGL will lead onboarding and go-to-market strategies, focusing on early partnerships and enterprise adoption.

“The shift toward AI-native enterprises is accelerating, and the Company is committed to enabling this transformation by building world-class infrastructure. This initiative not only expands our technological footprint but also unlocks new opportunities to create long-term value for our customers and shareholders,” said Carlson Thow, CEO of Treasure Global Inc.

About Treasure Global:

Treasure Global is a leading Malaysian solutions provider, specializing in the development of innovative technology platforms that drive digital transformation. Its flagship product, the ZCITY Super App, integrates e-payment solutions with customer rewards, fostering a seamless digital ecosystem. As of November 2024, ZCITY Super App has attracted over 2.9 million registered users, positioning Treasure Global as a key player in Malaysia’s digital economy.

Visit treasureglobal.co for more information.

About V Gallant Sdn Bhd:

V Gallant, a subsidiary of VCI Global Limited (NASDAQ: VCIG), is a leading provider of AI infrastructure and cybersecurity solutions, delivering advanced technologies that drive both innovation and security. The company supplies high-performance Graphics Processing Unit (GPU) hardware and software platforms for training Large Language Models (LLMs), developing AI agents, and advancing machine learning and data analytics. Additionally, V Gallant offers comprehensive cybersecurity services to safeguard organizations against evolving threats, ensuring data integrity and operational resilience in an increasingly digital world.

For more information, please visit https://vgallant.ai/ 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect the Company’s current expectations, assumptions, and projections about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking statements typically include terminology such as “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” or similar expressions.

Factors that could cause actual results to differ materially include, without limitation, the Company’s ability to expand its e-commerce platform, customer acceptance of new products and services, changes in economic conditions affecting its operations, the impact of global health crises, supply chain disruptions, competition, and regulatory risks related to data privacy and security. These risks, along with other factors, are discussed in more detail in the Company’s filings with the U.S. Securities and Exchange Commission.

The forward-looking statements in this press release speak only as of the date hereof. The Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

CONTACT

Investor and media contact:
Chin Sook Lee
Chief Financial Officer
Treasure Global Inc.
ir_us@treasuregroup.co


Treasure Global Inc. Unveils AI Cloud Infrastructure in Malaysia to Power Trillion-Parameter Models


THỦ THUẬT HAY

Cách thiết lập âm thanh tai nghe Samsung Galaxy S8

Bộ đôi Samsung Galaxy S8 và S8 Plus được tăng kèm tai nghe AKG, với chất lượng âm thanh tuyệt vời. Và người dùng hoàn toàn có thể tùy chỉnh lại âm thanh cho tai nghe để phù hợp với từng người.

Chia sẻ một số phần mềm tạo WiFi Hotspot miễn phí tốt nhất dành cho máy tính Windows

Có khá nhiều cách để biến chiếc PC của bạn thành một bộ định tuyến WiFi ảo, ví dụ như sử dụng command prompt (CMD) với các mã lệnh hay thiết lập thông qua tính năng đi kèm Windows. Tuy nhiên,

Tổng hợp 5 tựa game trượt tuyết hay nhất hiện nay

Những tựa game trượt tuyết có thể đem đến trải nghiệm chân thực giống như bạn đang trượt tuyết ngoài đời thực. Hãy thử ngay các tựa game thuộc chủ đề này nhé. 5 tựa game trượt tuyết hay nhất hiện nay Theo wikipedia,

SketchBook: Ứng dụng giúp tạo ra những bức tranh hoàn hảo trên Android

Đó là ứng dụng đầu tiên mình sẽ cài đặt khi có một chiếc Galaxy Tab mới, với sự hỗ trợ của S-Pen và ngay lập tức nó không làm mình thất vọng. SketchBook cung cấp cho người dùng vô số công cụ để dùng, chẳng hạn như

Cách sử dụng cùng lúc 2 tài khoản Facebook, Zalo, Instagram trên smartphone

Clone Master là một ứng dụng rất tốt để giải quyết vấn đề cho bạn. App sẽ tạo ra một bản sao của từng ứng dụng như Facebook, Instagram, Zalo,... tuỳ theo người dùng lựa chọn, để sử dụng nick thứ 2 song song mà không cần

ĐÁNH GIÁ NHANH

Điện thoại cuộn LG Rollable trong một bài đánh giá tại Hàn Quốc

LG gần đây đã phát hành điện thoại LG Wing màn hình kép độc đáo và hấp dẫn, và đang trên đường phát hành chiếc điện thoại có thể cuộn đầu tiên trên thế giới - được đặt tên là LG Rollable.

Nên mua iPhone 13 mini hay iPhone SE 2020?

Trong khi các nhà sản xuất điện thoại di động chạy theo xu hướng kích thước thước lớn thì Apple lại đi theo hướng ngược lại. Hãng liên tục ra mắt những sản phẩm có kích thước nhỏ bé trong những năm qua. Năm ngoái là