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Agencia Comercial Spirits Ltd, a Taiwan-based whisky importer, is pivoting to data centers by signing two Letters of Intent. One agreement with Ricloud AI Inc. involves leasing Nvidia B300 hardware, potentially totaling 300 units for approximately $120 million.

Additionally, the company has a nonbinding agreement with an undisclosed Indonesian partner for a land transaction aimed at developing AI computing infrastructure and a data center site covering about 50,000 sqm. This project marks a significant shift for the company and carries notable risks and uncertainties.