Artificial Intelligence powerhouses Treasure Global and iSynergy cooperate in their endeavor to advance cloud-based AI solutions.
The technology landscape in Southeast Asia is set for a significant transformation, as Treasure Global Inc. (NASDAQ: TGL) and iSynergy Group Limited (ASX: IS3) have entered into a partnership to build and commercialize AI-powered cloud infrastructure throughout the region.
The collaboration, announced via a Memorandum of Understanding (MoU) on July 24, 2025, builds on Treasure Global's commitment made in March 2025 to establish a sovereign-grade AI cloud platform in Malaysia. The partnership aims to jointly develop and commercialize AI-powered cloud infrastructure tailored for enterprises, small and medium-sized businesses (SMEs), and public sector clients, integrating AI technologies with iSynergy’s blockchain platforms.
The latest update on this partnership came on August 14, 2025, when the companies signed a Sale and Purchase Agreement (SPA). This agreement includes a binding purchase order for high-performance AI-driven graphics processing units (GPUs) and specialized AI software, totaling AUD 300,000, payable over six months in installments of AUD 50,000. These GPUs and AI software will underpin iSynergy's next-generation AI cloud and blockchain platform, advancing AI model training, real-time data processing, and blockchain applications such as their WYDE system.
The growth in the AI and blockchain sectors is being propelled by increasing demand for sovereign AI solutions and government-led digital transformation initiatives in regions like Southeast Asia. The Asia-Pacific blockchain market is projected to expand from USD 4.5 billion in 2023 to more than USD 35 billion by 2030, according to Grand View Research. The global AI cloud infrastructure market is forecasted to surpass USD 60 billion by 2025, according to Precedence Research, with a compound annual growth rate of 26.6% through 2034.
This partnership represents a transition from conceptual AI ambitions to tangible commercial contracts and infrastructure deployment in Southeast Asia. The companies will coordinate go-to-market strategies and pursue technical integration with iSynergy's existing blockchain platforms. iSynergy will contribute platforms like WYDE (a blockchain-based rewards and gig economy system) and Ledgers Lab (a technology advisory unit focused on blockchain adoption and innovation grants) to the partnership. Both companies plan to jointly explore procurement and deployment of advanced AI-capable GPUs, essential for scalable AI operations.
The partnership is expected to amplify its reach due to the strong growth potential in both the AI and blockchain sectors. It is positioned to drive AI innovation across multiple verticals simultaneously, given iSynergy's role at the convergence of blockchain, e-commerce, and gig economy platforms. The partnership aims to position Treasure Global as a digital transformation leader in the region by establishing next-generation infrastructure powered by advanced GPUs and seamlessly infused with blockchain integration.
Future developments and joint ventures stemming from this collaboration are expected to be announced in the coming months. The partnership reflects Treasure Global's intent to establish sovereign-grade AI cloud capabilities in Malaysia, and the companies' shared ambition to redefine enterprise infrastructure through a fusion of AI and blockchain technologies.
The partnership between Treasure Global Inc. and iSynergy Group Limited, focused on AI-powered cloud infrastructure, is set to revolutionize business operations across Southeast Asia by integrating AI technologies with iSynergy’s blockchain platforms. The growth in the AI and blockchain sectors, driven by demand for sovereign AI solutions and digital transformation initiatives, is expected to propel developments in finance, business, data-and-cloud-computing, and artificial-intelligence.
The companies' collaboration, which includes a binding purchase order for specialized AI software and high-performance AI-driven GPUs, aims to position Treasure Global as a digital transformation leader, leveraging innovative technologies to redefine enterprise infrastructure in the region.