Curated News
By: NewsRamp Editorial Staff
September 23, 2026
TROOPS, Inc. Bets $12M on AI Infrastructure in Southeast Asia
TLDR
- TROOPS invests 12 million dollars in Southeast Asian AI infrastructure to capture growth in a market that attracted 55 billion dollars.
- TROOPS will deploy GPU-as-a-Service, AI inference, and edge computing through a partnership with Bfarms365 LLC, starting with 6 million dollars.
- TROOPS new AI unit in Southeast Asia aims to expand access to advanced computing, supporting innovation and economic development in the region.
- Southeast Asia's AI boom draws telecom giants like Singtel and SK Telecom, with TROOPS joining via a 12 million dollar infrastructure venture.
Impact - Why it Matters
This news matters because it signals a significant shift in the AI infrastructure landscape, with a Hong Kong-based financial services firm diversifying into high-growth technology. As AI adoption accelerates globally, the demand for compute power, particularly GPUs and edge computing, is skyrocketing. TROOPS's entry into this space, with a focus on Southeast Asia, highlights the region's emergence as a critical hub for AI development, attracting massive investments from telecom giants and sovereign funds. For investors, this move could unlock new revenue streams and position TROOPS at the forefront of a transformative industry. For the broader market, it underscores the increasing convergence of finance and technology, and the race to build the backbone of the AI economy. The success of this venture could also spur further investment in Southeast Asia's digital infrastructure, benefiting local economies and fostering innovation.
Summary
TROOPS, Inc. (Nasdaq: TROO), a Hong Kong-based financial services and property group, is making a bold move into the artificial intelligence infrastructure space with a US$12 million commitment to launch a new business unit in Southeast Asia. The venture, which is being pursued through a future partnership with Bfarms365 LLC, a Texas-based company, will offer a suite of services including GPU-as-a-Service, AI inference, edge computing, decentralized compute, cloud orchestration, and other AI developer tools. The new unit is currently evaluating sites, partnerships, and assets across Hong Kong, Malaysia, and Indonesia, with an initial allocation of US$6 million expected by the end of 2026. This strategic expansion comes as Southeast Asia solidifies its position as a major AI hub, attracting over US$55 billion in investment in the past year alone. The region's data center capacity in Malaysia's Johor state doubled over the same period, and telecom operators like Singtel, SK Telecom, and Reliance Jio are aggressively investing in AI infrastructure. TROOPS aims to capitalize on this momentum, leveraging its existing expertise in fintech and machine learning to capture a share of the growing compute market.
Damian Thurnheer, President and CEO of TROOPS, Inc., explained the rationale behind the move: “Southeast Asia has become the place where Asia’s compute is actually being built, and the capital going in is no longer only American. Moving into this layer is a natural extension of our business, which has pioneered disruptive technologies including fintech.” The company's core portfolio includes money lending through two licensed lenders, property investment, and an online financial technology marketplace that provides API-driven credit and insurance products. For the year ended December 31, 2025, TROOPS reported a 70% revenue increase to US$17.1 million. Tommy Wing Ling Lui, CTO, added, “This new venture provides strong unity with our existing business interests. We already run machine learning inside underwriting and servicing, on infrastructure we rent. Owning capacity in the region changes what we can build, and it puts us on the right side of a market where operators, banks, and sovereign funds are all moving at once.” The company will report progress as definitive terms are reached and will file with the SEC where required. For more information, visit www.troops.co.
Source Statement
This curated news summary relied on content distributed by NewMediaWire. Read the original source here, TROOPS, Inc. Bets $12M on AI Infrastructure in Southeast Asia
