Skyvast

Tykhe Capital partners Skyvast to launch AI infrastructure tokenized fund with initial size of $150M

Pioneer Asset Management, a subsidiary of Hong Kong-based Tykhe Capital Group, and Skyvast Digital, part of the Malaysia-based Skyvast Corporation Group, have announced the launch of the world's first global-grade artificial intelligence (AI) infrastructure tokenized fund – the SKYD Token, with an initial size of $150 million.

Malaysian government clarifies not involved in Skyvast and Huawei powered AI project

The Ministry of Investment, Trade & Industry (MITI) of Malaysia said Wednesday that the launch of a privately driven artificial intelligence (Al) infrastructure initiative involving Skyvast Corporation and Huawei Technologies is not endorsed by government.