FingerMotion's Lyken AI Signs MOU for 128-Node NVIDIA B300 Cluster with Swarmnet

FingerMotion Inc. (NASDAQ: FNGR), a mobile data and telecommunications services company expanding into the enterprise AI compute market, today noted that its investee, 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.

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. This MOU represents a potential significant step for Lyken in establishing itself as a provider of high-performance AI infrastructure.

FingerMotion acquired a 9.9% interest in Lyken in an all-stock transaction valued at $500,000 that closed Aug. 17, 2026. This investment aligns with FingerMotion's strategy to capitalize on the growing demand for AI compute resources. The company sees this as an opportunity to participate in the rapidly expanding enterprise AI sector without directly bearing the capital expenditures of building and operating AI data centers.

Lyken's focus on inference workloads is particularly timely, as businesses increasingly deploy AI models for real-time decision-making, customer service, and other applications. The NVIDIA B300, a leading-edge GPU, is designed to handle such demanding tasks with high efficiency. By securing a lease agreement for a cluster of these GPUs, Lyken positions itself to capture a share of the AI inference market, which is projected to grow exponentially in the coming years.

For Swarmnet, this arrangement provides access to advanced AI compute capabilities without the need for significant upfront investment in hardware and infrastructure. This allows Swarmnet to focus on its core business of developing and deploying AI-powered solutions, while relying on Lyken for the underlying compute power.

The MOU also includes token optimization services, suggesting that the partnership may extend beyond simple infrastructure leasing to include value-added services that help clients maximize the efficiency and cost-effectiveness of their AI operations. This could involve workload scheduling, model optimization, or other technical services that enhance the performance of AI inference tasks.

Investors should note that the MOU is non-binding, and there is no guarantee that the parties will reach final agreements. However, the announcement signals Lyken's active pursuit of commercial contracts and its ability to attract interest from international clients. FingerMotion's stake in Lyken provides it with exposure to this potential upside, albeit with the risks associated with early-stage ventures.

FingerMotion continues to evolve from its roots in mobile payment and recharge platforms in China to a broader technology company with interests in AI and data services. The company's strategic investments, such as the one in Lyken, are part of a broader effort to diversify revenue streams and position itself for long-term growth in high-tech sectors.

As the AI industry continues to expand, the demand for specialized compute infrastructure is expected to remain strong. Companies like Lyken that can provide reliable, scalable, and high-performance AI compute clusters are well-positioned to benefit. FingerMotion's association with Lyken could provide a meaningful boost to its financial performance if the MOU leads to a definitive agreement and subsequent revenue generation.

The news comes at a time when investors are closely watching AI-related companies for growth potential. FingerMotion's strategic move into this space may attract attention from those looking to gain exposure to the AI boom through smaller-cap stocks.

For more information about FingerMotion, visit the company's newsroom at https://nnw.fm/FNGR.

This press release is for informational purposes only and does not constitute an offer to sell or a solicitation of an offer to buy any securities. Investors should conduct their own due diligence before making any investment decisions.