FingerMotion Inc. (NASDAQ: FNGR), a mobile data and telecommunications services company expanding into the enterprise AI compute market, has noted that Lyken AI Computing Inc., operating as Lyken.AI, has entered into a non-binding memorandum of understanding (MOU) with Singapore-based SWARMNET SOLUTIONS PTE. LTD. The MOU outlines an indicative framework under which Lyken would lease, host, manage and/or otherwise make available a 128-node NVIDIA B300 AI compute cluster to Swarmnet for inference workloads, along with token optimization services and related commercial arrangements.
FingerMotion acquired a 9.9% interest in Lyken in an all-stock transaction valued at $500,000 that closed Aug. 17, 2026. The contemplated arrangement calls for an indicative five-year term, but remains subject to Lyken securing sufficient funding, execution of definitive agreements and other conditions, with aggregate indicative revenues to be determined and disclosed upon execution of definitive agreements.
This development is significant for FingerMotion as it marks a strategic move into the rapidly growing AI infrastructure sector. By aligning with Lyken, FingerMotion positions itself to capitalize on the increasing demand for high-performance computing resources, particularly for AI inference workloads. The NVIDIA B300 is a state-of-the-art AI compute platform, and the deployment of a 128-node cluster represents a substantial capacity addition. This could potentially generate significant recurring revenue for Lyken and, by extension, provide value to FingerMotion as a stakeholder.
For the AI industry, this MOU underscores the growing trend of specialized compute providers offering dedicated infrastructure for AI inference. As AI models become more complex and deployed at scale, the need for efficient and powerful inference capabilities is paramount. This arrangement could serve as a model for similar partnerships, where compute providers lease capacity to service providers needing reliable, high-performance infrastructure.
The possible impact on FingerMotion shareholders is notable. If the MOU leads to definitive agreements, it could open a new revenue stream for the company through its stake in Lyken. This aligns with FingerMotion's broader strategy of expanding beyond its core mobile payment and recharge platform in China into value-added technologies. The company aims to grow its user base and develop an ecosystem of high engagement, and investments in AI compute infrastructure could complement this vision by diversifying its business interests.
However, it is important to note that the MOU is non-binding and subject to several conditions. Lyken must secure sufficient funding, and both parties must execute definitive agreements. The final revenue figures are yet to be determined, so the financial impact remains uncertain. Investors should monitor the progress of these negotiations.
FingerMotion's newsroom provides updates on the company's developments, and the full press release is available at https://nnw.fm/CvbYm. For more information on FingerMotion, visit their newsroom at https://nnw.fm/FNGR.
