VCI Global Gets $30 Million Investment Commitment From Alumni Capital

MT Newswires Live10-02

VCI Global (VCIG) got a $30 million investment commitment from Alumni Capital in exchange for shares.

The investment will reinforce the planned development in artificial-intelligence cloud computing in Q2 2025, VCI Global said Tuesday in a statement.

The company holds the right to either access the funds or forgo the drawdown. The commitment follows an earlier investment of $5 million by Alumni Capital.

VCI Global said its VC AI unit will launch the AI computing center in Malaysia equipped with 512 NVIDIA H200 Tensor Core graphics processing units.

Price: 0.1675, Change: +0.0047, Percent Change: +2.8870

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