FingerMotion Inc. (NASDAQ: FNGR), a mobile data and telecommunications services company expanding into the enterprise AI compute market, has noted that Lyken AI Computing Inc. (Lyken.AI) has entered into a non-binding memorandum of understanding (MOU) with Singapore-based SWARMNET SOLUTIONS PTE. LTD. The MOU outlines an indicative framework under which Lyken would lease, host, manage, and/or otherwise make available a 128-node NVIDIA B300 AI compute cluster to Swarmnet for inference workloads, along with token optimization services and related commercial arrangements.
This development comes on the heels of FingerMotion's strategic acquisition of a 9.9% interest in Lyken in an all-stock transaction valued at $500,000, which closed on Aug. 17, 2026. The contemplated arrangement calls for an indicative five-year term, but remains subject to Lyken securing sufficient funding, execution of definitive agreements, and other conditions. Aggregate indicative revenues are to be determined and disclosed upon execution of definitive agreements.
The MOU signals a significant step for FingerMotion as it pivots into the high-demand AI infrastructure space. With the explosive growth of generative AI and large language models, the need for specialized compute resources like NVIDIA's B300 chips has skyrocketed. By facilitating access to such clusters, Lyken and FingerMotion are positioning themselves to capitalize on the burgeoning AI inference market, which is expected to grow exponentially as more enterprises deploy AI solutions.
For FingerMotion, this move diversifies its revenue streams beyond its core mobile payment and recharge platform solutions in China. The company's vision is to rapidly grow its user base and develop an ecosystem of high-engagement users, but this foray into AI compute leasing offers a more immediate and potentially lucrative revenue channel. The partnership with Swarmnet, a Singapore-based entity, also expands FingerMotion's geographic reach beyond its primary market, aligning with its long-term goal of expanding its model to other regional markets.
Industry analysts view this as a positive indicator for FingerMotion's growth strategy. "The AI compute market is experiencing unprecedented demand, and companies that can provide access to top-tier hardware like NVIDIA B300 clusters will be well-positioned," said a technology sector analyst. "This MOU, while non-binding, demonstrates Lyken's ability to attract international clients and validates FingerMotion's investment in the AI space."
The NVIDIA B300, part of NVIDIA's latest Blackwell architecture, is designed to deliver exceptional performance for AI inference and training workloads. A 128-node cluster represents a substantial compute resource, capable of handling complex models and high-throughput applications. Swarmnet's interest in such a cluster underscores the growing need for scalable AI infrastructure among enterprises.
However, the deal is not yet finalized. The MOU is non-binding, and several conditions must be met before definitive agreements are signed. Lyken must secure sufficient funding to acquire or lease the hardware, and both parties must agree on commercial terms. Investors will be watching closely for updates on these negotiations, as successful execution could significantly boost FingerMotion's financial performance.
FingerMotion's stock has been under scrutiny as the company transitions from a mobile services provider to an AI compute player. The company's mobile payment and recharge platform continues to grow, providing a stable foundation, but the AI venture offers a higher growth trajectory. If Lyken's deal with Swarmnet materializes, it could serve as a template for future agreements, potentially making FingerMotion a key player in the AI infrastructure market.
For more information on FingerMotion and its latest developments, visit the company's newsroom at https://nnw.fm/FNGR. The full press release can be viewed at https://nnw.fm/CvbYm.
