Curated News
By: NewsRamp Editorial Staff
August 13, 2026
FingerMotion Acquires Stake in Lyken.AI to Enter Enterprise Compute
TLDR
- FingerMotion (FNGR) acquires 9.9% of Lyken AI for stock, entering enterprise compute to tap NVIDIA and Dell partnerships.
- FingerMotion will pay $500,000 in stock for 9.9% of Lyken AI, subject to TSXV approval, to build GPU and cloud compute services.
- FingerMotion's move into AI infrastructure aims to democratize access to advanced computing, potentially driving innovation and economic growth.
- FingerMotion plans to leverage Lyken's AI ecosystem, including NVIDIA and Dell, to offer secure, low-latency cloud computing services.
Impact - Why it Matters
This strategic investment signals FingerMotion's pivot into the high-growth enterprise AI infrastructure sector, diversifying beyond its core mobile payments business. As companies increasingly rely on GPU and cloud computing for AI workloads, FingerMotion positions itself to capture recurring revenue from this expanding market. The deal also leverages established partnerships with tech giants like NVIDIA and Dell, potentially providing a competitive edge. For investors, this move could open new growth avenues and enhance long-term shareholder value, while for the tech industry, it underscores the trend of mobile-first companies expanding into cloud and AI services to stay relevant in a data-driven economy.
Summary
FingerMotion (NASDAQ: FNGR) has announced a strategic move into the enterprise computing market by agreeing to acquire a 9.9% stake in Lyken AI Computing Inc., operating as Lyken.AI, from Alset AI Ventures (TSXV: GPUS; OTCQB: GPUSF; FSE: 1R60). The transaction, valued at $500,000 in FingerMotion common stock, marks the company's first step toward building a recurring-revenue enterprise compute business alongside its existing mobile data and telecommunications operations. No cash will change hands at closing, and Alset AI will retain a 90.1% interest in Lyken. The deal is subject to approval from the TSXV on behalf of Alset AI.
FingerMotion plans to leverage Lyken's ecosystem, which includes partnerships with NVIDIA, Dell Technologies Canada, and established data-center providers, to offer GPU and cloud compute capacity, secure storage, private low-latency networking, and deployment support. The company intends to treat enterprise compute as a distinct scalable business and may increase its participation in Lyken over time, depending on commercial performance, capital availability, and regulatory requirements. This acquisition positions FingerMotion to diversify its revenue streams and tap into the growing demand for AI-driven computing infrastructure.
For more details, visit the full press release at https://ibn.fm/37Zjz. FingerMotion is an evolving technology company focused on mobile payment and recharge platforms in China, with a vision to serve over 1 billion users. The company is developing value-added technologies to enhance user engagement and expand its ecosystem. MissionIR, a specialized communications platform, is disseminating this news as part of its syndicated content services. For the latest updates on FingerMotion, visit their newsroom at https://ibm.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
