LQR House Subsidiary Signs Two-Year ByteDance AI Computing Deal for Quantitative Research at Fusion Five Continents Securities
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Stock Titan Editorial Team
Summary
LQR House Inc. announced that its subsidiary YHC AI Limited has signed a two-year agreement with BytePlus Pte. Ltd. (a ByteDance group company) to deploy BytePlus ModelArk AI computing power. The AI compute will be used to strengthen quantitative research, automated portfolio optimization, and AI-driven research at Fusion Five Continents Securities, the brokerage platform recently consolidated by LQR House. The agreement aims to enhance the company's AI-driven trading and investment capabilities.
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Key quotes
· 2 pulledLQR House Inc. today announced that its subsidiary YHC AI Limited has entered into a two-year agreement with BytePlus Pte. Ltd., a ByteDance group company, for ModelArk AI computing power.
The AI compute will be used to strengthen the AI-driven research and automated portfolio optimization of Fusion Five Continents Securities, the brokerage platform that LQR House recently consolidated.
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