Sign In  |  Register  |  About Burlingame  |  Contact Us

Burlingame, CA
September 01, 2020 10:18am
7-Day Forecast | Traffic
  • Search Hotels in Burlingame

  • CHECK-IN:
  • CHECK-OUT:
  • ROOMS:

Alitor Secures Strategic Investment from BCS, Entering a Rapid Growth Phase

In October 2024, Alitor Intelligence Co., Limited, an innovative technology enterprise, received strategic investment from the renowned investment institution BCS (HK) Capital Group Limited, officially entering a phase of accelerated development. The company focuses on cutting-edge innovations in AI and Web 3.0, committed to driving a global technological revolution. Focusing on global emerging markets, Alitor, headquartered in Hong Kong, has established operational centers and offices in Shenzhen, Dubai, and Guinea. Following this strategic funding, Alitor has begun selecting locations across various countries and cities, aiming to collaborate with local governments and institutions to build hyperscale cloud computing centers. These centers will form the gateway to Alitor's global ecosystem by constructing a massive computing matrix, supporting future world-class data and algorithm applications. Additionally, the Alitor global value ecosystem will offer broader opportunities for clients to directly engage in the future technology markets.

BCS: $500 Million Fund for Emerging Technology Investment

BCS recognizes AI and Web 3.0 technologies as the core drivers of economic growth in the digital age and has structured its future strategic plans and objectives accordingly. The group has successfully raised a specialized fund with a total scale of $500 million, focusing on investments in AI, Web 3.0, and other high-growth potential emerging technologies. Currently, this fund has invested in several key companies in foundational and applied AI fields, characterized by strong disruptive and innovative capabilities. Additionally, the group plans to establish a long-term growth fund for digital assets, focusing on real-world assets (RWA) and reserve cryptocurrencies such as Bitcoin. Through the rapid advancement of emerging technologies and tech finance, BCS aims to generate sustainable, long-term returns for global investors.

Alitor: Building an Open and Transparent AI and Web 3.0 Ecosystem

As a crucial component of BCS’s strategic ecosystem, Alitor is committed to becoming a pioneer in AI and Web 3.0, striving to build an open, transparent, and efficient ecosystem to facilitate global digital transformation and intelligent upgrades. The company’s innovative business architecture lowers market entry barriers, enabling more clients to directly participate in and benefit from future technological advancements.

Alitor’s management stated, “We are not only focused on technological innovation but also dedicated to creating an open and diverse ecosystem platform that breaks traditional capital market barriers. Alitor will provide global clients with extensive opportunities to engage with cutting-edge technologies, collectively driving the global technological revolution.”

Capitalization Strategy: Accelerating the Public Listing Process for AI and Computing Businesses

With the strategic investment, Alitor's core businesses are expected to experience rapid growth, showcasing strong financial performance. The company plans to take its AI and computing divisions public within the next one to two years. This proactive capitalization strategy will expedite the construction of its global ecosystem, further enhancing Alitor's influence in the global intelligent technology sector. Additionally, this initiative will create more high-value collaborative opportunities for a broader global client base, contributing to the collective advancement and commercialization of emerging technologies worldwide.

Contact Info:
Name: Griffin Scott
Email: Send Email
Organization: Alitor Intelligence Co., Limited
Website: https://www.alitor.cn/

Release ID: 89147471

In case of identifying any errors, concerns, or inconsistencies within the content shared in this press release that necessitate action or if you require assistance with a press release takedown, we strongly urge you to notify us promptly by contacting error@releasecontact.com (it is important to note that this email is the authorized channel for such matters, sending multiple emails to multiple addresses does not necessarily help expedite your request). Our expert team is committed to addressing your concerns within 8 hours by taking necessary actions diligently to rectify any identified issues or supporting you with the removal process. Delivering accurate and reliable information remains our top priority.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.
 
 
Copyright © 2010-2020 Burlingame.com & California Media Partners, LLC. All rights reserved.