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Stock impact report

AGMH Enters Strategic Partnership with AI Service Provider RDA to Construct AI Data Centers

AGM Group Holdings Inc. - Class A Ordinary Shares (AGMH) 
Company Research Source: PR Newswire
BEIJING, April 9, 2024 /PRNewswire/ -- AGM Group Holdings Inc. ("AGMH" or the "Company") (NASDAQ: AGMH), an integrated technology company focusing on providing fintech software services and producing high-performance hardware and computing equipment, is thrilled to announce the signing of a Memorandum of Understanding (MOU) with RED DOT ANALYTICS PTE. LTD. ("RDA"), for collaborative efforts in constructing AI data centers.Red Dot Analytics, renowned for its groundbreaking work in AI solutions, has notably led the deployment of AI-driven optimization platform in the world's first "Sustainable Tropical Datacenter Testbed", showcasing expertise in Digital Twin and Physics-informed AI. Their focus on Cognitive Twin Solutions emphasizes AI-driven optimization for sustainable design and operational efficiency in data centers. The outcomes of RDA's AI solutions have been remarkable in areas of reducing energy consumption, enhancing resilience in both design and operations, as well as improvi Show less Read more
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