IDT International to Invest RMB33.3 Million in New AI Servers
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IDT International Limited has announced an investment of RMB33.3 million to purchase 18 AI servers from a mainland vendor, funded by proceeds from a previous share placement. The servers, expected by May 31, 2026, will enhance the company's AI infrastructure services. This transaction qualifies as a discloseable transaction under Hong Kong's listing rules. The investment aims to strengthen IDT's competitive position in AI-driven services and expand its technology capabilities in high-performance computing.
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