AlphaTON stock surges after AI partnership with Morpheus

Investing.com -- AlphaTON Capital Corp. (NASDAQ:ATON) stock jumped 10% in premarket trading Monday after the company announced a strategic partnership with Morpheus AI (ETH:MOR) to develop AI infrastructure for the TON and Telegram ecosystem.

The partnership positions AlphaTON as a key player in providing AI solutions to Telegram’s user base of over 1 billion monthly active users. Under the memorandum of understanding, Morpheus will serve as the preferred AI infrastructure provider for all AlphaTON Capital portfolio companies and incubated projects seeking to integrate AI agent capabilities.

"As we incubate and support innovative projects in the TON ecosystem, providing them with best-in-class, data-protection focused, AI infrastructure is essential to their success in the world’s largest platform that respects data ownership with integrity," said Brittany Kaiser, CEO of AlphaTON Capital.

The partnership will leverage Morpheus AI’s three-pillar infrastructure approach, which includes a decentralized inference layer, a united tools marketplace, and decentralized storage solutions. These technologies aim to address core needs of AI agent developers within the Telegram ecosystem.

According to the agreement, AlphaTON’s portfolio companies will gain immediate access to production-ready infrastructure that would otherwise require months of development time and significant technical resources. The collaboration will also facilitate knowledge sharing between the two companies.

The partnership comes as both companies look to capitalize on what they describe as "the world’s largest untapped market for AI agents that actually respect user privacy and data ownership" through Telegram’s extensive user base.

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