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Qintess Commits to a Minimum $6.5 Million Spend on Fusemachines Agentic AI Products and Services Over Three Years

(Very Positive)
Tags
AI

Fusemachines (NASDAQ: FUSE) announced a strategic commercial agreement with Qintess, under which Qintess has made a binding commitment to spend at least $6.5 million on Fusemachines’ Agentic AI products and services over the next three years. In return, Qintess will receive preferred commercial terms, discounts on eligible offerings and an equity component designed to align both companies long term.

The agreement is expected to start contributing to Fusemachines’ revenue in 2026, with additional revenue anticipated over the remaining term. Qintess plans to deploy Fusemachines’ Agentic AI internally and embed the technology into its client solutions across South America and other markets, leveraging its 800+ enterprise clients and regional delivery capabilities.

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Positive

  • Binding $6.5 million minimum spend by Qintess over three years on Agentic AI
  • Revenue contribution expected from 2026 with additional revenue over the agreement term
  • Preferred terms and equity component support long-term alignment with Qintess
  • Access to Qintess’s enterprise client base across South America and other markets

Negative

  • None.

Market Context

FUSE’s low short-positioning signal offers context for this commercial announcement: the platform re...
Analysis

FUSE’s low short-positioning signal offers context for this commercial announcement: the platform record did not show elevated short positioning. Recent SEC filings disclosed substantial doubt about continuing as a going concern, a risk to monitor alongside execution.

Key Figures

Minimum spend commitment: $6.5 million Agreement term: 3 years Revenue contribution: 2026 +5 more
8 metrics
Minimum spend commitment $6.5 million Binding Qintess commitment over the agreement term
Agreement term 3 years Minimum purchase commitment period
Revenue contribution 2026 Expected year revenue contribution begins
Qintess operating countries 9 countries Qintess company description
Qintess clients more than 800 clients Qintess company description
Qintess cities 14 cities Qintess global presence
Qintess professionals over 3,000 professionals Qintess global team
Fusemachines founding year 2013 Fusemachines company description

Previous AI Reports

5 past events · Latest: Jul 16 (Neutral)
Same Type Pattern 5 events
Date Event Sentiment 24h Move Catalyst
Jul 16 AI industry event Neutral -2.1% AWS-sponsored enterprise forum addressed governance and agentic AI in hiring.
Jun 29 AI assessment rollout Positive -4.6% AWS-sponsored assessments evaluated enterprise AI readiness and implementation opportunities.
Jun 23 AI partnership Positive -1.8% Global apparel brand engaged Fusemachines for predictive and agentic demand planning.
May 14 AI research release Positive +2.1% Research reported enterprise expectations for agentic AI in talent acquisition.
Apr 09 AI strategy update Positive -6.6% Shareholder letter outlined agentic AI growth strategy, partnerships, and acquisitions.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

FUSE's AI-tagged announcements produced mostly negative price reactions despite generally positive or informational news, with one positive reaction among five events.

Key Terms

agentic ai, statements of work
2 terms
agentic ai technical
"Agreement supports Qintess’s internal adoption of Agentic AI"
Agentic AI refers to computer systems that can make their own decisions and take actions without needing someone to tell them what to do each time. It's like giving a robot a degree of independence to solve problems or achieve goals on its own, which matters because it could change how we work and interact with technology in everyday life.
statements of work financial
"related statements of work during the three-year term"
A statement of work (SOW) is a contractual document that spells out the specific tasks, deliverables, schedule, responsibilities, acceptance criteria, and payment terms for a project or service engagement. Like a detailed recipe or blueprint for a job, it tells both sides what will be done, when, and how success will be measured. Investors care because SOWs help define revenue timing, milestone payments, scope-related risks, and contractual obligations that affect a company’s cash flow and forecasts.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Agreement supports Qintess’s internal adoption of Agentic AI and expansion of Fusemachines’ products and services within Qintess’s client base across South America

NEW YORK, Aug. 12, 2026 (GLOBE NEWSWIRE) -- Fusemachines Inc. (NASDAQ: FUSE), a leading provider of enterprise AI products and services, today announced that Qintess, one of South America’s leading technology services companies, has entered into a strategic commercial agreement that includes a binding commitment to spend a minimum of $6.5 million on Fusemachines’ Agentic AI products and services over the next three years.

Under the agreement, Qintess will receive preferred commercial terms and discounts on eligible Fusemachines products and services in exchange for its binding minimum purchase commitment, as well as an equity component designed to create long-term alignment between the companies. The agreement is expected to begin contributing to Fusemachines’ revenue in 2026, with additional revenue expected over the remainder of the three-year term.

Qintess plans to deploy Fusemachines’ Agentic AI products and services within its own operations as part of its strategy to become an AI-native technology services company. Qintess also intends to integrate Fusemachines’ technology into its own offerings and bring Fusemachines’ products and services to its enterprise clients across South America and other markets.

The collaboration will combine Fusemachines’ Agentic AI products, platforms and technical expertise with Qintess’s enterprise relationships, regional presence and technology implementation capabilities.

“We are excited about this agreement because we are starting to see the hard work and investments we have made over the last two quarters in Agentic AI translate into tangible commercial and growth opportunities,” said Sameer Maskey, Founder and CEO of Fusemachines. “Qintess’s binding $6.5 million minimum spend commitment provides a meaningful foundation for a long-term relationship and demonstrates growing demand for our Agentic AI products and services. This is particularly exciting because it is expected to begin generating revenue for Fusemachines in the South American market.”

“By combining our Agentic AI technology with Qintess’s delivery capabilities and enterprise relationships, we believe we can expand the availability of Fusemachines products and services throughout the region,” said Anish Joshi, Head of Technology at Fusemachines.

Qintess expects to use Fusemachines’ products and services across its internal technology and business operations and within client-facing solutions involving software development, customer experience, data, automation and other enterprise functions.

“I am pleased to see the concrete materialization of our relationship with Fusemachines and the progress we are making together,” said Nana Baffour, Chairman of Qintess. “This collaboration reflects our shared commitment to harnessing the potential of AI to create meaningful value for our clients and drive innovation at scale.”

“We are excited to work with Fusemachines, an advanced Agentic AI technology company with the products, platforms and expertise required to support enterprise-scale AI adoption. This partnership is an important step toward making Qintess an AI-native company. We are embedding Agentic AI directly into our delivery operations, engineering practices and managed-services model, and extending those products and services across our client base,” said Paulo Moreira, VP and Global Chief Operating Officer of Qintess. “By combining Fusemachines’ AI technology with Qintess’s implementation capabilities, industry knowledge and client relationships, we believe we can help enterprises move from pilot to production faster and scale AI across their operations.”

The agreement establishes a commercial framework under which Qintess will purchase Fusemachines products and services through product subscriptions, technology licenses, implementation engagements, professional services and related statements of work during the three-year term.

About Qintess
Qintess is a global technology company with a significant presence in South America. With operations across 9 countries, Qintess serves more than 800 clients across 14 cities worldwide, supported by a global team of over 3,000 professionals. The company helps enterprises modernize operations and accelerate digital transformation through technology consulting, application development, data and analytics, artificial intelligence, cloud, automation and managed services.

For more information, visit www.qintess.com.

About Fusemachines
Founded in 2013, Fusemachines is a global provider of enterprise AI products and services, on a mission to democratize AI. Leveraging proprietary AI Studio, AI Engines and AI Agents, the company helps drive clients’ AI Enterprise Transformation, regardless of where they are in their Digital AI journeys. With offices in North America, Asia, and Latin America, Fusemachines provides a suite of enterprise AI offerings and specialty services that allow organizations of any size to implement and scale AI.

Fusemachines continues to actively pursue the mission of democratizing AI for the masses by providing high-quality AI education in underserved communities and helping organizations achieve their full potential with AI.

To learn about Fusemachines, visit www.fusemachines.com.

Forward-Looking Statements
This press release contains forward-looking statements, including statements regarding anticipated purchases under the agreement, expected revenue, the deployment and commercialization of Fusemachines’ Agentic AI products and services, Qintess’s planned adoption of Agentic AI, Fusemachines’ expansion into South America and the anticipated benefits of the parties’ relationship.

Forward-looking statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual outcomes to differ materially. These risks include the parties’ ability to execute statements of work, deploy products and services, identify suitable enterprise use cases, achieve anticipated commercial benefits and comply with applicable legal and regulatory requirements.

Additional information regarding risks and uncertainties affecting Fusemachines is available in the company’s filings with the U.S. Securities and Exchange Commission. Fusemachines undertakes no obligation to update any forward-looking statements except as required by applicable law.

This press release does not constitute an offer to sell or a solicitation of an offer to buy any securities. The shares of common stock referenced in this press release have not been registered under the Securities Act of 1933, as amended (the “Securities Act”), and were, or will be, issued in a private placement exempt from the registration requirements of the Securities Act.

Media and Investor Contacts

Fusemachines
pr@fusemachines.com

ir@fusemachines.com

+1 347 212-5075

Qintess
Gilberto Caparica Neto
VP | Head of Sales Operations, Enablement, and Administration
Tel. +55 (11) 2899 6230 | Cell +55 (11) 97558 1818


FAQ

What is the value of Qintess’s commitment to Fusemachines (NASDAQ: FUSE) Agentic AI products?

Qintess has made a binding commitment to spend a minimum of $6.5 million on Fusemachines’ Agentic AI products and services over three years. According to Fusemachines, this commitment forms the commercial foundation of the new strategic agreement.

When will the Qintess agreement start contributing to Fusemachines (FUSE) revenue?

The agreement is expected to begin contributing to Fusemachines’ revenue in 2026. According to Fusemachines, additional revenue is anticipated over the remainder of the three-year term as more products, licenses and services are purchased.

How will Qintess use Fusemachines Agentic AI products under the new agreement?

Qintess plans to deploy Fusemachines’ Agentic AI products and services across its internal technology and business operations. According to Qintess, it will also integrate this technology into client-facing solutions in software development, customer experience, data, automation and other enterprise functions.

What does the Fusemachines–Qintess partnership mean for FUSE’s presence in South America?

The agreement is expected to support Fusemachines’ revenue generation in the South American market. According to Fusemachines, combining its Agentic AI technology with Qintess’s regional presence and enterprise relationships may expand availability of its products and services across the region.

Does the Fusemachines (FUSE) and Qintess agreement include equity or only commercial terms?

The agreement includes both preferred commercial terms and an equity component. According to Fusemachines, the equity element is designed to create long-term alignment between the companies alongside Qintess’s binding minimum purchase commitment.

How will Qintess’s clients benefit from the Fusemachines (NASDAQ: FUSE) Agentic AI collaboration?

Qintess intends to bring Fusemachines’ Agentic AI products and services to its enterprise client base. According to Qintess, combining this technology with its implementation capabilities aims to help clients move from AI pilots to production and scale AI across operations.