WellCell (HKG:2477) plans to expand into artificial intelligence infrastructure services as part of a broader AI strategy upgrade, according to a May 15 Hong Kong bourse filing.
Shares of the telecommunications company were up over 7% in Monday morning trade.
The company said it aims to develop a computing power leasing platform offering graphics processing unit services for AI training, inference, and high-performance computing applications.
WellCell also plans to establish a dedicated AI strategy task force and an independent business unit to advance the initiatives.
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