FingerMotion Notes Lyken's MOU for 128-Node NVIDIA B300 AI Compute Cluster
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FingerMotion Inc. (NASDAQ: FNGR), a mobile data and telecommunications services company expanding into enterprise AI compute, has announced that Lyken AI Computing Inc. (Lyken.AI) has entered into a non-binding memorandum of understanding (MOU) with Singapore-based SWARMNET SOLUTIONS PTE. LTD. The MOU outlines an indicative framework under which Lyken would lease, host, manage, or otherwise make available a 128-node NVIDIA B300 AI compute cluster to Swarmnet for inference workloads, along with token optimization services and related commercial arrangements.
This development is significant for FingerMotion as it holds a 9.9% interest in Lyken, acquired in an all-stock transaction valued at $500,000 that closed on August 17, 2026. The contemplated arrangement calls for an indicative five-year term, but remains subject to Lyken securing sufficient funding, execution of definitive agreements, and other conditions. Aggregate indicative revenues will be determined and disclosed upon execution of definitive agreements.
The MOU highlights the growing demand for AI compute infrastructure, particularly for inference workloads, as enterprises increasingly deploy large language models and other AI applications. The NVIDIA B300 is a high-performance GPU designed for AI and machine learning tasks, making it a valuable asset for companies like Swarmnet that require substantial computing power.
For FingerMotion, this move represents a strategic step into the enterprise AI compute market, diversifying beyond its core mobile payment and recharge platform solutions in China. The company's vision is to grow its user base organically and develop an ecosystem of engaged users, while also expanding into new technology sectors. This partnership with Lyken could provide FingerMotion with a foothold in the AI infrastructure space, potentially generating new revenue streams and enhancing its market position.
The implications for the AI industry are notable, as the demand for specialized compute clusters is rising. Companies offering such infrastructure as a service can capitalize on the trend, and this MOU could pave the way for more such agreements. For Texas, where FingerMotion is based, this could signal growth in the AI sector and attract further investments in technology infrastructure.
As the deal progresses, stakeholders will be watching for the execution of definitive agreements and the final revenue figures. This MOU is a preliminary step, but it underscores the potential for AI compute services to become a significant business area. FingerMotion's involvement through its stake in Lyken positions it to benefit from this emerging market.
For more information about FingerMotion, visit the company's newsroom at https://nnw.fm/FNGR. To view the full press release, visit https://nnw.fm/CvbYm.
