VCI Global develops AI aggregator platform for enterprise integration

KUALA LUMPUR - VCI Global Limited (NASDAQ:VCIG), an innovator in AI-driven enterprise solutions with impressive gross profit margins of 71% and strong revenue growth of 89% in the last twelve months, has announced the creation of a new AI aggregator platform, set to launch by the fourth quarter of 2025. According to InvestingPro data, the company maintains robust financial health with a "GREAT" overall score. This platform aims to facilitate the integration of various AI models, including DeepSeek, OpenAI’s ChatGPT, Anthropic’s Claude, Google (NASDAQ:GOOGL) Gemini, and Mistral AI, into enterprise systems.

The development of this platform comes as the global AI platforms market is projected to reach approximately $150 billion by 2034, with a CAGR of over 20% from 2024 to 2034, according to Future Market Insights Inc. Furthermore, the AI agents market is expected to grow to nearly $50 billion by 2030, with advancements in natural language processing driving a CAGR of almost 50% between 2024 and 2030, as reported by Markets and Markets. InvestingPro analysis suggests VCI Global is currently undervalued, making it an interesting player in this growing market. Subscribers can access 14 additional ProTips and comprehensive financial analysis through the Pro Research Report.

VCI Global’s platform is designed to offer multi-AI access, cost optimization, customization, automation, and enterprise-grade security and compliance. It will be available across Asia, Europe, and the United States, targeting industries such as finance, healthcare, customer service, and e-commerce.

Dato Victor Hoo, Group Executive Chairman and CEO of VCI Global, stated, "Our AI aggregator platform will transform how enterprises interact with AI technologies by simplifying integration and enabling businesses to seamlessly leverage the most suitable AI models for their specific needs, while scaling their AI capabilities without being locked into a single provider."

VCI Global is a diversified global holding company with interests in AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy. With a strong presence in Asia, Europe, and the United States, the company is focused on driving technological innovation and sustainable growth across multiple industries.

This press release contains forward-looking statements regarding the company’s future business growth and the potential of its new products. These statements are based on current beliefs and expectations and are subject to various risks and uncertainties. While InvestingPro data shows the company maintains a strong current ratio of 5.58 and holds more cash than debt on its balance sheet, the company cautions that actual results could differ materially from those projected in these forward-looking statements due to several factors, including customer acceptance of new products and general economic conditions.

The information in this article is based on a press release statement.

In other recent news, VCI Global Limited has been active across multiple sectors, reflecting a strategic approach to expansion and investment. The company recently acquired Singapore-based digital marketing firm Roots (TSX:ROOT) Digital Pte. Ltd. for approximately $2.2 million, a move that strengthens VCI Global’s digital marketing capabilities and expands its presence in the Singapore market. Roots Digital reported over $3 million in revenue and nearly $0.9 million in profit in 2024, indicating substantial growth.

VCI Global also announced an investment in AI startup Marvis Inc. through its subsidiary VC AI Limited. The investment aligns with VCI Global’s strategy to expand its AI portfolio and capitalize on the rapidly growing AI agents market. Marvis Inc., a company specializing in creating digital clone AI agents, is expected to go public on NASDAQ by 2028.

The company is also making strides in the renewable energy sector, with plans to develop and acquire solar photovoltaic projects with a total capacity of up to 100 megawatts across Southeast Asia and Europe. This initiative is expected to generate around $200 million in revenue over two decades.

VCI Global was awarded a $24 million contract to provide AI hardware and software for a data center project in Malaysia. This development aligns with Malaysia’s strategic vision to become a leading hub for AI and digital infrastructure in Southeast Asia.

These developments highlight VCI Global’s commitment to growth and innovation across various sectors. However, these are forward-looking statements and are subject to risks and uncertainties.

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