Quantum Solutions Co.,Ltd. [2338.T]

TOKYO, Jul 06 (Pulse News Wire) – Quantum Solutions CO.,LTD. (2338.T) announced that its wholly-owned subsidiary, Compass Cloud AI Japan, entered into a business cooperation and funding support agreement with Rubin Tech Inc.

The agreement includes an initial interest-free loan of USD 1,500,000 (approximately ¥245 million). The funds will primarily cover costs related to securing data center capacity and power supply, acquiring GPU servers and associated equipment, and setting up AIDC operations. Under the agreement, Rubin Tech will also explore future collaboration opportunities in areas such as GPU procurement, AI infrastructure development, international customer acquisition, sales and commercialization of AI computing services, and technical cooperation.

However, specific conditions for individual transactions, including capital tie-ups, remain undetermined and will be negotiated separately based on progress and needs. Compass Cloud AI Japan, established on August 04, 2023, holds a capital of ¥10 million. As part of the deal, Quantum Solutions retains flexibility in choosing suppliers for GPU server purchases, prioritizing Rubin Tech's offers but without exclusivity.

Further funding arrangements beyond the initial loan will depend on ongoing discussions and project requirements.

Original Disclosure (PDF)

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