SOLAI acquires 51% equity in AI company NEURALAND for over $9 million in transaction value

According to PRNewswire, NYSE-listed company SOLAI announced the acquisition of a 51% stake in Singapore-based artificial intelligence company NEURALAND for approximately $9.18 million.

NEURALAND focuses on AI node hardware design, software-defined systems, and AI agent technology development, with business covering AI chips, embedded systems, large language model integration, etc. This acquisition will drive SOLAI's transformation from a digital asset mining company to a technology platform centered on AI.