Treasure Global Inc., announced the signing of a Memorandum of Understanding (MoU) with iSynergy Group Limited, a Malaysian-headquartered technology company listed on the Australian Securities Exchange. This MoU establishes the framework for a strategic partnership to jointly develop and commercialize cutting-edge AI cloud infrastructure across Southeast Asia.
Through this strategic collaboration, Treasure Global and iSynergy plan to explore the sale and acquisition of advanced AI-driven graphics processing units (GPUs), which will serve as the foundational technology for the AI cloud infrastructure the two companies aim to co-create initially in Malaysia, with plans to expand across Southeast Asia.
The partnership is designed to co-develop robust AI-powered cloud solutions tailored for enterprises, SMEs, and public sector entities. It will also explore joint go-to-market strategies, technical integration with iSynergy’s blockchain platforms, and initiatives to accelerate AI adoption across commerce, finance, and government-linked sectors.
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This agreement builds on Treasure Global’s commitment, announced in March 2025, to establish a sovereign-grade AI cloud platform in Malaysia. By leveraging iSynergy’s blockchain expertise and technological capabilities, Treasure Global seeks to accelerate and streamline enterprise onboarding, expand infrastructure accessibility across Southeast Asia, and drive widespread adoption of both AI and blockchain technologies.
“This MoU marks a pivotal milestone in Treasure Global’s mission to spearhead the next wave of digital innovation in Southeast Asia,” said Carlson Thow, Chief Executive Officer of Treasure Global Inc. “Together with iSynergy, we are laying the foundation for sovereign-grade AI cloud infrastructure powered by next-generation GPU technology and seamlessly integrated with blockchain capabilities.”
iSynergy’s platforms, including WYDE, a blockchain-powered gig economy and shopper rewards ecosystem, and Ledgers Lab, a technology advisory division focused on blockchain adoption and grant facilitation, will support the integration of Treasure Global’s AI cloud infrastructure across key commercial verticals.
According to Precedence Research, the global AI cloud infrastructure market is forecasted to exceed USD 60 billion by 2025, with a compound annual growth rate (CAGR) of 26.6% projected through 2034. The growing demand for sovereign AI infrastructure positions Southeast Asia as a high-potential market, driven by government-backed digital initiatives and the accelerating transformation of the private sector. These market dynamics underscore the strategic relevance and regional opportunity of the Treasure Global–iSynergy collaboration.
Source: Globenewswire