XMax Signs Contracts Worth $25M in AI Business
XMax announced a significant commercial milestone in its artificial intelligence business, reporting that since launching its AI platform initiative, the company has executed multiple AI model API service agreements with an aggregate contractual value of up to approximately $25M, subject to actual service usage and consumption levels. The executed agreements cover enterprise AI model API services, cloud infrastructure integration, and value-added AI platform services. The contracts are structured to support enterprise customers seeking scalable AI inference capabilities, secure API connectivity, cloud deployment, technical support, and usage-based commercial models. The company believes the execution of these agreements demonstrates increasing commercial adoption of its AI platform and validates its strategy of providing enterprise-grade AI infrastructure and model access solutions.
