SinnetCloud HK is a wholly-owned Hong Kong subsidiary of Sinnet Cloud Co. Ltd., a GPU and AI solutions provider affiliated with the Shenzhen Stock Exchange-listed Beijing Sinnet Technology Co., Ltd. It will hold the remaining 45% interest in TrioAI.
Electronics manufacturing services provider Valuetronics (SGX:BN2
) Holdings Limited has entered the AI industry by partnering Sinnet Cloud HK Limited on a joint venture (JV). Through its wholly-owned subsidiary, Value Match Company Limited (VML), Valuetronics will invest HK$7.7 million ($1.33 million) in cash for a 55% interest in the JV.
The JV, Trio AI Limited, will provide graphics processing unit (GPU) and AI-related value-added cloud services, according to a June 24 announcement.
