Linkhome Holdings Inc. (NASDAQ:LHAI) stock jumped 28% on Tuesday after the company launched its OpenLink decentralized AI compute platform and signed its first enterprise AI compute services agreement with an estimated value of up to $10.5 million.
The two-year agreement marks OpenLink’s first commercial deployment and its first enterprise customer. Under the contract, Linkhome will provide GPU computing capacity, AI cloud infrastructure, workload scheduling, infrastructure management, network connectivity, orchestration software and technical support.
Based on the current pricing schedule, the agreement could generate up to about $10.5 million in gross service fees over 24 months, excluding applicable taxes. The estimate assumes phased deployment of computing capacity and customer acceptance.
However, the company said actual revenue may differ. It will depend on deployment timing, customer acceptance, compute usage, service availability, service-level performance, customer payments and other contractual conditions. Linkhome said it will recognize revenue under U.S. GAAP as services are delivered.
OpenLink Targets Decentralized AI Computing
