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Treasure Global Inc. Unveils AI Cloud Infrastructure in Malaysia to Power Trillion-Parameter Models

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Treasure Global Inc. (NASDAQ: TGL) has announced plans to develop and deploy an advanced AI cloud infrastructure in Malaysia capable of supporting trillion-parameter models. The initiative, leveraging DeepSeek's technology and GPU clusters, positions TGL among Southeast Asia's most powerful AI computing environments.

The development has commenced with phased deployment throughout 2025, supported by a USD16 million service agreement with V Gallant Sdn Bhd signed in 2024. The platform will serve multiple sectors including financial services, healthcare, retail, logistics, and education.

This strategic expansion aligns with the growing AI infrastructure market, projected to reach USD60.23 billion in 2025 with a CAGR of 26.60% through 2034. The platform will enable various applications including risk analytics, diagnostic imaging, demand forecasting, and generative AI tools.

Treasure Global Inc. (NASDAQ: TGL) ha annunciato piani per sviluppare e implementare un'infrastruttura cloud AI avanzata in Malesia, capace di supportare modelli con trilioni di parametri. L'iniziativa, che sfrutta la tecnologia di DeepSeek e i cluster GPU, colloca TGL tra gli ambienti di calcolo AI più potenti del Sud-est asiatico.

Lo sviluppo è iniziato con un'implementazione graduale nel 2025, supportata da un contratto di servizio da 16 milioni di dollari con V Gallant Sdn Bhd firmato nel 2024. La piattaforma servirà diversi settori, tra cui servizi finanziari, sanità, commercio al dettaglio, logistica e istruzione.

Questa espansione strategica si allinea con il crescente mercato delle infrastrutture AI, previsto per raggiungere 60,23 miliardi di dollari nel 2025, con un CAGR del 26,60% fino al 2034. La piattaforma abiliterà varie applicazioni tra cui analisi del rischio, imaging diagnostico, previsione della domanda e strumenti di AI generativa.

Treasure Global Inc. (NASDAQ: TGL) ha anunciado planes para desarrollar e implementar una infraestructura de nube de IA avanzada en Malasia, capaz de soportar modelos de billones de parámetros. La iniciativa, que aprovecha la tecnología de DeepSeek y los clústeres de GPU, posiciona a TGL entre los entornos de computación de IA más potentes del sudeste asiático.

El desarrollo ha comenzado con un despliegue por fases a lo largo de 2025, respaldado por un contrato de servicio de 16 millones de dólares con V Gallant Sdn Bhd firmado en 2024. La plataforma servirá a múltiples sectores, incluidos servicios financieros, atención médica, comercio minorista, logística y educación.

Esta expansión estratégica se alinea con el creciente mercado de infraestructura de IA, que se proyecta alcanzará 60,23 mil millones de dólares en 2025, con una tasa de crecimiento anual compuesta (CAGR) del 26,60% hasta 2034. La plataforma permitirá diversas aplicaciones, incluidas análisis de riesgos, imágenes diagnósticas, previsión de demanda y herramientas de IA generativa.

Treasure Global Inc. (NASDAQ: TGL)는 말레이시아에 트릴리언 매개변수를 지원할 수 있는 고급 AI 클라우드 인프라를 개발하고 배포할 계획을 발표했습니다. 이 이니셔티브는 DeepSeek의 기술과 GPU 클러스터를 활용하여 TGL을 동남아시아에서 가장 강력한 AI 컴퓨팅 환경 중 하나로 자리매김하게 합니다.

개발은 2025년까지 단계적으로 배포되며, 2024년에 체결된 V Gallant Sdn Bhd와의 1600만 달러 서비스 계약으로 지원됩니다. 이 플랫폼은 금융 서비스, 의료, 소매, 물류 및 교육을 포함한 여러 분야에 서비스를 제공합니다.

이 전략적 확장은 AI 인프라 시장의 성장과 일치하며, 2025년까지 602억 3천만 달러에 이를 것으로 예상되며, 2034년까지 연평균 성장률(CAGR)이 26.60%에 이를 것으로 보입니다. 이 플랫폼은 위험 분석, 진단 이미징, 수요 예측 및 생성 AI 도구를 포함한 다양한 애플리케이션을 가능하게 합니다.

Treasure Global Inc. (NASDAQ: TGL) a annoncé des plans pour développer et déployer une infrastructure cloud IA avancée en Malaisie, capable de prendre en charge des modèles de trillions de paramètres. L'initiative, qui s'appuie sur la technologie de DeepSeek et les clusters GPU, positionne TGL parmi les environnements de calcul IA les plus puissants d'Asie du Sud-Est.

Le développement a commencé avec un déploiement par phases tout au long de 2025, soutenu par un contrat de service de 16 millions USD avec V Gallant Sdn Bhd signé en 2024. La plateforme servira plusieurs secteurs, y compris les services financiers, la santé, le commerce de détail, la logistique et l'éducation.

Cette expansion stratégique s'aligne avec le marché croissant des infrastructures IA, qui devrait atteindre 60,23 milliards USD d'ici 2025, avec un taux de croissance annuel composé (CAGR) de 26,60 % jusqu'en 2034. La plateforme permettra diverses applications, notamment l'analyse des risques, l'imagerie diagnostique, la prévision de la demande et des outils d'IA générative.

Treasure Global Inc. (NASDAQ: TGL) hat Pläne angekündigt, eine fortschrittliche KI-Cloud-Infrastruktur in Malaysia zu entwickeln und bereitzustellen, die in der Lage ist, Modelle mit Billionen von Parametern zu unterstützen. Die Initiative, die die Technologie von DeepSeek und GPU-Cluster nutzt, positioniert TGL unter den leistungsstärksten KI-Computing-Umgebungen in Südostasien.

Die Entwicklung hat mit einer schrittweisen Bereitstellung im Jahr 2025 begonnen, unterstützt durch einen Servicevertrag über 16 Millionen USD mit V Gallant Sdn Bhd, der 2024 unterzeichnet wurde. Die Plattform wird mehreren Sektoren dienen, darunter Finanzdienstleistungen, Gesundheitswesen, Einzelhandel, Logistik und Bildung.

Diese strategische Expansion steht im Einklang mit dem wachsenden Markt für KI-Infrastrukturen, der voraussichtlich 60,23 Milliarden USD im Jahr 2025 erreichen wird, mit einer jährlichen Wachstumsrate (CAGR) von 26,60% bis 2034. Die Plattform wird verschiedene Anwendungen ermöglichen, darunter Risikoanalysen, diagnostische Bildgebung, Bedarfsprognosen und generative KI-Tools.

Positive
  • Secured USD16 million service agreement with V Gallant through December 2025
  • Expanding into high-growth AI infrastructure market projected at USD60.23B in 2025
  • Strategic positioning in Southeast Asia's AI computing landscape
  • Diversified revenue potential across multiple sectors (finance, healthcare, retail, education)
Negative
  • Significant capital investment required for infrastructure development
  • Execution risk in highly competitive AI infrastructure market
  • Dependence on DeepSeek's technology for platform functionality

Insights

TGL's move into trillion-parameter AI infrastructure represents a significant technological leap for a company previously focused on e-commerce. The scale is ambitious – trillion-parameter models are at the frontier of AI development, with only a handful of organizations globally (like OpenAI and Anthropic) successfully deploying them.

Building on DeepSeek's technology is strategically sound, as it provides TGL access to proven architecture without starting from scratch. The GPU cluster approach aligns with industry best practices for large-scale AI infrastructure. However, the execution complexity shouldn't be underestimated – delivering reliable high-performance computing at this scale requires substantial technical expertise.

The Southeast Asian market timing appears opportune. Malaysia's positioning as a digital hub, combined with the 26.60% projected CAGR in AI infrastructure, creates favorable conditions. TGL's multi-sector strategy targeting finance, healthcare, retail, and public sectors provides diverse revenue potential and mitigates industry-specific risks.

The phased deployment throughout 2025 allows for iterative improvement and adaptation to market needs. For TGL to succeed, they'll need to overcome challenges in talent acquisition, infrastructure management, and developing market-specific AI applications that differentiate from global competitors who may enter the region.

The redirection of capital from TGL's $16 million service agreement with V Gallant toward AI infrastructure signals a substantial financial commitment to this new strategic direction. This pivot potentially positions TGL to capture value in the higher-margin enterprise AI market, diversifying beyond its e-commerce roots.

The market opportunity is compelling, with AI infrastructure projected to reach $60.23 billion globally in 2025. Even capturing a small segment of this growing market could significantly impact TGL's revenue profile and growth trajectory.

However, investors should note several financial considerations: First, building advanced AI infrastructure requires substantial ongoing capital investment beyond initial deployment. Second, the timeline to meaningful revenue generation from enterprise AI services typically extends 12-24 months, suggesting this initiative won't impact near-term financials positively.

With TGL's current market cap of just $5.89 million against a $16 million agreement, this represents a bet-the-company strategic shift. The stock price of $0.11 reflects market skepticism about TGL's execution capabilities. While the strategic direction aligns with high-growth technology trends, the financial runway and execution capacity will be critical factors determining whether this initiative translates to shareholder value.

Strategic Expansion Strengthens Its position in AI, complementing TGL’s growing e-commerce ecosystem

KUALA LUMPUR, Malaysia, March 24, 2025 (GLOBE NEWSWIRE) -- Treasure Global Inc. (NASDAQ: TGL) (“Treasure Global” or the “Company”), a Nasdaq-listed technology company, today announced a strategic initiative to develop and deploy an advanced artificial intelligent (AI) cloud infrastructure in Malaysia. This new platform will be capable of supporting AI models up to one trillion parameters, positioning it among the most powerful AI computing environments in Southeast Asia.

This initiative represents a significant milestone in TGL’s expansion into enterprise-grade AI infrastructure, enabling the next generation of large language models (LLMs), computer vision systems, and generative AI applications. Development of AI cloud platform has commenced, with phased deployment scheduled throughout 2025.

To power these advancements, the platform will leverage cutting-edge graphics processing unit (GPU) clusters optimized for large-scale, multi-modal AI workloads. Built on DeepSeek’s technology, the infrastructure will provide the high-performance computing capabilities necessary for hosting and training trillion-parameter models — rivaling the largest existing AI environments globally.

The rapid growth of AI infrastructure is a global trend, with the market estimated to reach USD60.23 billion in 2025, according to Precedence Research. Projections indicated a compound annual growth rate (CAGR) of 26.60% from 2025 to 2034. This trend is also evident in Malaysia, which is rapidly emerging as a regional hub for digital innovation. The country is addressing the increasing demand for scalable computing infrastructure, catering to both public and private sector needs for scalable computing infrastructure, across industries such as finance, healthcare, education, and logistics.

TGL’s AI cloud platform is expected to broaden access to high-performance AI capabilities across multiple sectors:

  • Financial Services: Risk analytics, credit scoring, anti-fraud systems.
  • Healthcare: Diagnostic imaging, triage support, medical AI assistants.
  • Retail and Logistics: Demand forecasting, route optimization, and customer personalization.
  • Public Sector and Education: Generative tools, simulation engines, automation.

Supporting this strategic initiative, TGL has secured a USD16 million service agreement signed in 2024 with V Gallant Sdn Bhd (“V Gallant”), a Malaysia-based AI solution provider. Under the revised scope of this agreement, a substantial portion of the capital commitment has been redirected toward the design and deployment of the AI cloud platform, reinforcing TGL’s long-term vision for AI infrastructure expansion.

The agreement remains in effect through December 2025, with both parties committed to accelerating TGL’s role in Southeast Asia’s AI infrastructure landscape. A corresponding Form 8-K will be filed with the U.S. Securities and Exchange Commission to reflect this scope enhancement. As part of the initiative, TGL will lead onboarding and go-to-market strategies, focusing on early partnerships and enterprise adoption.

“The shift toward AI-native enterprises is accelerating, and the Company is committed to enabling this transformation by building world-class infrastructure. This initiative not only expands our technological footprint but also unlocks new opportunities to create long-term value for our customers and shareholders,” said Carlson Thow, CEO of Treasure Global Inc.

About Treasure Global:

Treasure Global is a leading Malaysian solutions provider, specializing in the development of innovative technology platforms that drive digital transformation. Its flagship product, the ZCITY Super App, integrates e-payment solutions with customer rewards, fostering a seamless digital ecosystem. As of November 2024, ZCITY Super App has attracted over 2.9 million registered users, positioning Treasure Global as a key player in Malaysia’s digital economy.

Visit treasureglobal.co for more information.

About V Gallant Sdn Bhd:

V Gallant, a subsidiary of VCI Global Limited (NASDAQ: VCIG), is a leading provider of AI infrastructure and cybersecurity solutions, delivering advanced technologies that drive both innovation and security. The company supplies high-performance Graphics Processing Unit (GPU) hardware and software platforms for training Large Language Models (LLMs), developing AI agents, and advancing machine learning and data analytics. Additionally, V Gallant offers comprehensive cybersecurity services to safeguard organizations against evolving threats, ensuring data integrity and operational resilience in an increasingly digital world.

For more information, please visit https://vgallant.ai/ 

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These statements reflect the Company’s current expectations, assumptions, and projections about future events and are subject to risks and uncertainties that could cause actual results to differ materially from those described in the forward-looking statements. Forward-looking statements typically include terminology such as “anticipates,” “believes,” “expects,” “intends,” “may,” “plans,” “projects,” “seeks,” “should,” “will,” or similar expressions.

Factors that could cause actual results to differ materially include, without limitation, the Company’s ability to expand its e-commerce platform, customer acceptance of new products and services, changes in economic conditions affecting its operations, the impact of global health crises, supply chain disruptions, competition, and regulatory risks related to data privacy and security. These risks, along with other factors, are discussed in more detail in the Company’s filings with the U.S. Securities and Exchange Commission.

The forward-looking statements in this press release speak only as of the date hereof. The Company assumes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.

CONTACT

Investor and media contact:
Chin Sook Lee
Chief Financial Officer
Treasure Global Inc.
ir_us@treasuregroup.co


FAQ

What is the capacity of TGL's new AI cloud infrastructure in Malaysia?

The infrastructure will support AI models up to one trillion parameters, making it one of Southeast Asia's most powerful AI computing environments.

How much is the service agreement TGL secured for this AI infrastructure project?

TGL secured a USD16 million service agreement with V Gallant Sdn Bhd, effective through December 2025.

What industries will TGL's AI cloud platform serve?

The platform will serve financial services, healthcare, retail, logistics, public sector, and education industries with various AI applications.

When will TGL's AI cloud infrastructure be deployed?

Development has started with phased deployment scheduled throughout 2025.

What is the projected market size for AI infrastructure in 2025?

The AI infrastructure market is estimated to reach USD60.23 billion in 2025, with a CAGR of 26.60% through 2034.
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