Marwynn signs MOU with OmniX for AI compute services evaluation
Irvine, California - Marwynn Holdings, Inc. has inked a memorandum of understanding with Singapore-based digital asset trading platform OmniX Technologies Ptd. Ltd. The agreement aims to assess collaboration in AI computing infrastructure and related services. Marwynn's subsidiary, NexaCore Technologies, would provide computing capacity and AI services to OmniX's platform for its AI workloads.
The evaluation period lasts 18 months, during which both companies will serve as each other's preferred partners for specific services. The MOU covers six key evaluation areas, with four distinct phases including mobilization, assessment, pilot, and potential implementation. Either party can terminate preferred-partner obligations after 30 days' notice, and the agreement can be ended by either party after 60 days' notice. No pricing, revenue share, or other commercial terms have been negotiated.
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