VCI Global to launch AI server and cloud platform

KUALA LUMPUR - VCI Global Limited (NASDAQ:VCIG), a company specializing in AI-driven enterprise solutions with impressive gross margins of 70.86% and strong revenue growth of 89.38% over the last twelve months, announced the imminent release of two new products aimed at reducing the cost and complexity of adopting artificial intelligence (AI) within businesses. According to InvestingPro data, the company maintains a healthy financial position with a current ratio of 5.58, indicating strong operational efficiency. The AI Integrated Server, set for release on March 27, offers a solution for secure on-premises AI deployment, catering to industries with stringent privacy requirements such as healthcare and legal. The AI Cloud Platform, launching on April 18, provides flexible access to AI capabilities through the cloud. With a market capitalization of $19.94 million and trading at a P/E ratio of just 0.12, InvestingPro analysis suggests the stock may be undervalued relative to its peers. Discover more insights with InvestingPro’s comprehensive research report, available along with 14 additional ProTips for VCIG.

Both platforms incorporate DeepSeek’s lightweight, open-source large language models (LLMs) and are engineered to operate without the need for expensive graphics processing units (GPUs). VCI Global’s offerings are designed to be user-friendly, featuring an intuitive Application Programming Interface (API) gateway, drag-and-drop workflows, and continuous support. These attributes make the technology accessible to organizations with or without dedicated AI teams. The company’s strong financial health is reflected in its "GREAT" overall score from InvestingPro’s comprehensive analysis framework.

The company’s innovations come at a time when the demand for accessible and cost-effective AI solutions is on the rise. Market research firm Markets and Markets projects the global cloud AI market to reach around $327.15 billion by 2029, with a compound annual growth rate (CAGR) of 32.4% from 2024 to 2029. The AI server market is anticipated to grow from $39.23 billion in 2025 to approximately $352.28 billion by 2034, indicating a burgeoning need for scalable AI infrastructure.

According to Dato Victor Hoo, Group Executive Chairman and CEO of VCI Global, the company has "cracked the code for enterprise AI adoption" by leveraging advanced open-source models for easy deployment, aiming to make AI more accessible, secure, and scalable for enterprises looking to innovate and grow.

VCI Global is a diversified global holding company with interests in AI & Robotics, Fintech, Cybersecurity, Renewable Energy, and Capital Market Consultancy, with a significant presence in Asia, Europe, and the United States.

This announcement is based on a press release statement and contains forward-looking statements that involve risks and uncertainties. The actual performance and results of VCI Global could materially differ from those expressed in the forward-looking statements due to various factors, including market acceptance of new products and the broader economic impact of the COVID-19 pandemic.

In other recent news, VCI Global Limited has announced a series of strategic developments across its diverse business interests. The company unveiled plans to develop an AI aggregator platform, aiming for a launch by the fourth quarter of 2025. This platform is designed to integrate various AI models into enterprise systems, which could significantly impact industries like finance and healthcare. VCI Global also expanded its digital marketing capabilities with the acquisition of Singapore-based Roots Digital Pte. Ltd. for approximately $2.2 million, a move expected to enhance its presence in the Singapore market.

Additionally, VCI Global’s subsidiary VC AI Limited invested in Marvis Inc., a Delaware-based AI startup specializing in digital clone AI agents. This investment aligns with the company’s strategy to expand its AI portfolio. In the renewable energy sector, VCI Global announced plans to develop and acquire solar PV projects with a total capacity of up to 100 megawatts across Southeast Asia and Europe. The initiative is projected to generate around $200 million in revenue over two decades.

These recent developments reflect VCI Global’s commitment to innovation and growth across multiple sectors. The company’s strategic moves, including the potential synergies from the Roots Digital acquisition and the investment in Marvis Inc., underscore its focus on expanding its capabilities and market reach.

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