FeesSafety
Pluang+

Quanome secures $13.5M prepayment for AI services, marking key milestone in new AI computing business.

Market News
29 Oct 2026, 15:00 WIB
GlobeNewsWire
View Source
Bullish
Quanome secures $13.5M prepayment for AI services, marking key milestone in new AI computing business.

Quanome Technologies received a $13.5 million milestone prepayment from an enterprise customer for dedicated AI inference services through its subsidiary XDT Infrastructure. This payment supports the procurement and build-out of AI computing capacity under a 60-month enterprise order valued over $100 million. The funds will be used to purchase GPU servers and deploy infrastructure to deliver AI services, marking a significant step in Quanome's commercial AI business expansion. Service commencement depends on meeting operational conditions, with ongoing development and customer engagement planned.

Quanome's recent $13.5 million customer service prepayment is a key milestone in its AI computing business. For readers following the Technology sector, here is Pluang's market snapshot as of Oct 29, 2026 18:11 WIB: out of 150 priced US stocks, 23 rose and 125 fell. Notable movers include MRVL at USD 222.51 with a -11.58% change and a typical hold time of 44 days, CTSH at USD 58.93 down 11.20%, and AXTI at USD 59.85 down 7.04%.

More News

NCH performs US first tricuspid valve repair with PASCAL Precision system after FDA approval

NCH performs US first tricuspid valve repair with PASCAL Precision system after FDA approval

Naples Comprehensive Health (NCH) has completed the first tricuspid valve repair in the US using the PASCAL Precision system following FDA approval. This minimally invasive catheter-based procedure offers a new treatment option for patients with seve...

Market News
Bullish
1 hour ago
Immunocore to present Phase 1 data on brenetafusp and KIMMTRAK combo for metastatic uveal melanoma at SITC 2026

Immunocore to present Phase 1 data on brenetafusp and KIMMTRAK combo for metastatic uveal melanoma at SITC 2026

Immunocore Holdings will present Phase 1/2 clinical trial data for brenetafusp alone and combined with KIMMTRAK in treating metastatic uveal melanoma at the 2026 Society for Immunotherapy of Cancer meeting. This trial evaluates safety and efficacy in...

Company Fundamentals
Bullish
1 hour ago
Collegium Pharmaceutical and Boston Legacy FC expand partnership to support neurodivergent youth in Massachusetts sports.

Collegium Pharmaceutical and Boston Legacy FC expand partnership to support neurodivergent youth in Massachusetts sports.

Collegium Pharmaceutical and Boston Legacy FC have extended their partnership to include youth coach training, an annual Sports for All Summit, and sensory inclusion programs aimed at supporting neurodivergent children, especially those with ADHD, in...

Others
Bullish
2 hours ago
Gilat Satellite Networks to attend Deutsche Bank Global Space and Defense Tech Summit in NYC

Gilat Satellite Networks to attend Deutsche Bank Global Space and Defense Tech Summit in NYC

Gilat Satellite Networks announced that its CEO Adi Sfadia and CFO Gil Benyamini will attend the Deutsche Bank Global Space and Defense Tech Summit on November 18, 2026, in New York City. The event will feature one-on-one and group meetings, providin...

Market News
Neutral
2 hours ago
Boralex buys Wind2 to boost UK wind energy projects by 350 MW, expanding its renewable footprint.

Boralex buys Wind2 to boost UK wind energy projects by 350 MW, expanding its renewable footprint.

Boralex Inc. has acquired Wind2, a UK-based renewable energy developer with about 350 MW of advanced wind projects across Scotland, England, and Wales. This acquisition strengthens Boralex's presence and capabilities in the UK, aligning with its stra...

Company Fundamentals
Bullish
3 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App