FingerMotion Inc. (NASDAQ: FNGR), a company known for its mobile payment and recharge platform solutions in China, is making significant strides in the enterprise AI compute market through its recent investment in Lyken AI Computing Inc. (Lyken.AI). The company noted that Lyken has entered into a non-binding memorandum of understanding (MOU) with Singapore-based SWARMNET SOLUTIONS PTE. LTD. to lease, host, and manage a 128-node NVIDIA B300 AI compute cluster for inference workloads. This agreement, if finalized, could position FingerMotion to capitalize on the growing demand for AI infrastructure, a sector that has seen explosive growth due to the proliferation of generative AI and large language models.
The MOU outlines an indicative framework for a five-year term, during which Lyken would provide the AI compute cluster to Swarmnet, along with token optimization services and other commercial arrangements. However, the agreement remains subject to Lyken securing sufficient funding and executing definitive agreements. The aggregate indicative revenues from this deal have not yet been disclosed, but they are expected to be determined upon the signing of definitive agreements. This development follows FingerMotion's acquisition of a 9.9% interest in Lyken in an all-stock transaction valued at $500,000, which closed on Aug. 17, 2026.
This move is a strategic pivot for FingerMotion, which has traditionally focused on mobile payment solutions in China. By investing in Lyken, the company is diversifying into the high-growth AI compute market. The demand for AI inference workloads is surging as businesses across industries adopt AI technologies. NVIDIA's B300 GPUs are among the most advanced in the market, designed to handle complex AI models efficiently. Lyken's ability to offer such infrastructure could make it a key player in the AI-as-a-service space.
The implications of this MOU are significant for FingerMotion's shareholders. It signals that the company is actively pursuing new revenue streams beyond its core business. The AI compute market is expected to grow exponentially in the coming years, and FingerMotion's early entry could provide a competitive advantage. Moreover, the partnership with Swarmnet, a Singapore-based company, indicates an international expansion strategy, potentially opening doors to markets beyond China.
However, it is important to note that the MOU is non-binding, and there are several conditions that must be met before the deal is finalized. Lyken must secure the necessary funding to acquire and deploy the 128-node cluster, which is a substantial investment. Additionally, the final terms of the agreement, including pricing and service levels, will need to be negotiated. Despite these uncertainties, the MOU is a positive indicator of Lyken's capabilities and the trust that potential clients have in its ability to deliver high-performance AI solutions.
FingerMotion's investment in Lyken is part of a broader trend of companies diversifying into AI infrastructure. As the demand for AI services continues to rise, companies that can provide the necessary compute power will be well-positioned to benefit. For FingerMotion, this move could transform its business model and open up new avenues for growth. Investors will be watching closely to see if the MOU leads to a definitive agreement and what financial impact it will have on the company.
For more information about FingerMotion, visit their newsroom at https://nnw.fm/FNGR. The full press release can be viewed at https://nnw.fm/CvbYm.
