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Shares of Gorilla Technology Group (GRRR) attracted significant investor buzz on Tuesday after the AI-powered software and infrastructure solutions provider disclosed plans to pursue opportunities in the Asia-Pacific market with its partner, Super Micro Computer, Inc. (SMCI), following the successful close of a $2 billion supply agreement in India.
At the time of writing, GRRR was up more than 6% and was the top-trending ticker on Stocktwits.
Following a successful team-up, the duo has agreed to continue their collaboration to pursue AI infrastructure opportunities across India and the Asia-Pacific region, which they believe could yield billions of dollars in revenue.
“As demand for sovereign AI and large-scale compute infrastructure accelerates across Singapore, Malaysia, Thailand, Indonesia, India, the Philippines, Japan, and Taiwan, we believe Supermicro will be a key partner in helping us execute against a much broader regional and global pipeline with the potential for several billions of dollars of additional infrastructure demand over time,” Gorilla CEO Jay Chandan said.
The crucial partnership expansion comes amid increased demand for artificial intelligence, spurring a wave of data center construction worldwide, with the United States leading the infrastructure buildout race.
At the crux of the partnership, Supermicro and Gorilla will focus on, among other things, hyperscale AI data center buildouts, GPU-as-a-Service (GPUaaS) platforms, sovereign AI and national compute programs, and enterprise-scale AI transformation initiatives.
The companies said their partnership also includes a global go-to-market strategy targeting the Middle East, Europe, and sovereign AI-driven regions, among others, where they expect to hold discussions with cloud providers, governments, and large enterprises to build AI ecosystems for them.
On Stocktwits, retail sentiment toward the stock remained ‘extremely bullish’ amid a threefold increase in message volume over the last 24 hours.
One user on the platform said Gorilla CEO Chandan has flipped the script this year, “with an incredible series of deals and securing its own financing company to avoid dilution to expand AI Infrastructure.”
GRRR stock has more than doubled in value so far this year and climbed more than 25% over the last 12 months.
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