FingerMotion Inc. (NASDAQ: FNGR), a mobile data and telecommunications company expanding into enterprise AI compute, has announced that its investee, Lyken AI Computing Inc. (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, 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. This development underscores the growing demand for high-performance AI infrastructure and positions Lyken to capitalize on the accelerating adoption of generative AI and large language models.
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. Aggregate indicative revenues are to be determined and disclosed upon execution of definitive agreements. This MOU is a significant step for Lyken, which FingerMotion acquired a 9.9% interest in through an all-stock transaction valued at $500,000 that closed on Aug. 17, 2026. The investment aligns with FingerMotion's strategic pivot toward AI compute, leveraging its existing user base in China to expand into value-added technologies.
FingerMotion's core business focuses on mobile payment and recharge platforms in China, with a vision to serve over 1 billion users in the region. By integrating AI compute capabilities through Lyken, the company aims to enhance its ecosystem and offer advanced services to its growing user base. The MOU with Swarmnet could provide a steady revenue stream for Lyken and, by extension, contribute to FingerMotion's financial performance. Moreover, the partnership with Swarmnet, a Singapore-based solutions provider, may open doors to international markets and diversify FingerMotion's revenue sources.
The NVIDIA B300 is a state-of-the-art GPU designed for AI inference and training workloads, offering substantial performance improvements over previous generations. By deploying a 128-node cluster, Lyken is positioning itself as a key player in the AI compute market, catering to enterprises that require massive computational power for AI applications. The token optimization services mentioned in the MOU suggest a focus on cost efficiency and performance tuning, which are critical for businesses running large-scale AI models.
This announcement comes at a time when the AI industry is experiencing explosive growth, with enterprises across sectors seeking to implement AI solutions. The demand for AI compute is expected to surge, and companies that can provide reliable, high-performance infrastructure will be well-positioned to benefit. Lyken's MOU with Swarmnet is a testament to its commitment to meeting this demand. For FingerMotion, this development could enhance its credibility in the AI space and attract investors looking for exposure to AI infrastructure plays.
Investors should note that the MOU is non-binding and subject to several conditions, including funding and definitive agreements. However, the indicative framework signals a strong intent to proceed, and successful execution could significantly impact Lyken's revenue and FingerMotion's bottom line. As the AI compute market evolves, FingerMotion's strategic investment in Lyken may prove to be a prudent move, aligning with broader industry trends.
For more information about FingerMotion, visit the company's newsroom at https://nnw.fm/FNGR.
