XMax Signs AI Infrastructure Services Agreement for Computing Services in Korea

09:19 AM EST, 11/02/2026 (MT Newswires) -- XMax (XMAX) said Monday it has entered into a five-year artificial intelligence infrastructure services agreement with Singapore's DSH Hyper to obtain high-performance computing services deployed in Korea on infrastructure provided by KT affiliate kt cloud. XMax subsidiary XMax AI has been designated as the operating end user, according to a statement. XMax said it intends to use the capacity as its core computing foundation to advance the research and development, deployment, and commercialization of its AI-optimized cloud infrastructure service NeoCloud and global distributed inference platform AI Token Factory. The company said it expects related businesses supported by this project to gain over $100 million in cumulative revenue over the next five years. XMax shares were up 4.9% pre-bell Monday.