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Reliance Global Group signed a letter of intent (LOI) to acquire a GPU cloud provider, and says the proposed AI computing purchase would use cash, not shares.
Buying a GPU cloud provider for cash would give Reliance Global Group direct compute capacity without diluting shareholders, though the reporting does not give capacity or price.
Trade pressSlicast · October 22, 2026 at 16:25 UTC · US · Source: The Manila Times
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