Curated News
By: NewsRamp Editorial Staff
August 13, 2026

FingerMotion Acquires Stake in Lyken.AI to Enter Enterprise Compute Market

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Original Source

TLDR

  • FingerMotion acquires 9.9% of Lyken.AI for stock, gaining entry into enterprise compute without cash outlay.
  • FingerMotion will issue $500k in common stock for Lyken stake, pending TSXV approval, to build recurring-revenue compute business.
  • This partnership leverages NVIDIA and Dell to bring advanced cloud and AI infrastructure, potentially enabling broader technological access.
  • FingerMotion's stock-based deal for Lyken.AI marks its first foray into enterprise computing, alongside its China mobile payments focus.

Impact - Why it Matters

This acquisition marks FingerMotion's strategic pivot into the high-growth enterprise computing sector, leveraging Lyken's partnerships with NVIDIA and Dell to offer GPU and cloud services. For investors, this diversifies FingerMotion's revenue streams beyond mobile payments, potentially unlocking new growth avenues. It also signals confidence in AI infrastructure demand, which is critical for businesses and consumers alike as AI adoption accelerates. The move could position FingerMotion as a key player in the compute infrastructure space, impacting the broader tech ecosystem.

Summary

FingerMotion (NASDAQ: FNGR) has announced a strategic agreement to acquire a 9.9% stake in Lyken AI Computing Inc., operating as Lyken.AI, from Alset AI Ventures (TSX.V: GPUS; OTCQB: GPUSF; FSE: 1R60) for $500,000 in FingerMotion common stock. This transaction, pending TSXV approval for Alset AI, marks FingerMotion's entry into the enterprise computing market and the first step in a broader strategy to build a recurring-revenue enterprise compute business alongside its mobile data and telecommunications operations. Notably, no cash is payable at closing, and Alset AI is expected to retain a 90.1% interest in Lyken.

FingerMotion intends to develop an enterprise offering encompassing GPU and cloud compute capacity, secure storage, private low-latency networking, and deployment support. This initiative will leverage Lyken's previously disclosed ecosystem, which includes NVIDIA, Dell Technologies Canada, and established data-center providers. The company plans to pursue enterprise compute as a distinct scalable business and may seek to increase its participation in Lyken and its underlying infrastructure over time, subject to commercial performance, capital availability, and regulatory requirements. For the full press release, visit https://ibn.fm/ByZLh.

FingerMotion is an evolving technology company with core competency in mobile payment and recharge platform solutions in China. As its user base grows, it is developing additional value-added technologies. The vision is to rapidly grow the user base and create an ecosystem of highly engaged users, which would strategically position the company to onboard larger customer bases. FingerMotion hopes to serve over 1 billion users in the China market and eventually expand globally. For the latest news and updates on FNGR, visit the company's newsroom at https://ibn.fm/FNGR.

Source Statement

This curated news summary relied on content distributed by InvestorBrandNetwork (IBN). Read the original source here, FingerMotion Acquires Stake in Lyken.AI to Enter Enterprise Compute Market

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