GIBO and Ricloud Forge a Strategic Alliance for Southeast Asia's AI Cloud Market
KUALA LUMPUR, Malaysia, Dec. 2, 2025 – GIBO Holdings Limited, listed on NASDAQ as GIBO, has taken a significant step in advancing its strategic initiatives within the Southeast Asian region by signing a Core Partnership Agreement with Ricloud AI Inc., a well-known global provider of AI cloud infrastructure. This partnership indicates GIBO's intent to explore the high-growth sector of data centers and AI cloud solutions, expected to gain substantial momentum in Southeast Asia over the next decade.
With projections forecasting Southeast Asia’s digital economy to reach a valuation of US$1 trillion by 2030, GIBO aims to leverage this partnership to secure a strong foothold in the sovereign AI infrastructure deployment landscape. Ricloud, recognized as one of the official NVIDIA Cloud Partners, brings extensive expertise in GPU-accelerated computing and high-performance cloud solutions. This collaboration will enable GIBO to deliver scalable and compliant AI solutions, fostering diversified revenue streams and long-term value for its shareholders.
Key Highlights of the Alliance
Joint Market Expansion
GIBO and Ricloud will work together to promote Ricloud's services throughout Southeast Asia, encompassing sovereign cloud platforms, large-scale AI training, and cutting-edge infrastructure. The partnership will utilize Ricloud's expansive three gigawatts of computing capacity and its existing partnerships with over 20 governments, enhancing GIBO’s reach and capability.
Priority Access and Rights
As part of the agreement, GIBO will gain priority access to deployment opportunities, including the right of first refusal on collaborations with third parties and preferred status in government bids for national AI projects, positioning GIBO advantageously for future endeavors.
Investment Commitment
To solidify their partnership, GIBO is committed to an investment plan that includes a detailed outline of cash resources and channel enhancements aimed at facilitating Ricloud’s multi-continental data center growth while simultaneously enriching GIBO’s offerings with enterprise-grade AI tools.
Synergistic Integration
GIBO will merge its large user base alongside its deep-rooted relationships with regional governments and the proficiency in AI-Generated Content (AIGC) with Ricloud's secure cloud architecture. This integration is expected to pioneer innovations in localized large language models, delivering unique GPU-as-a-Service functionalities and hybrid AI solutions to regulated industries, namely finance and healthcare.
The partnership reflects GIBO's strategic direction, diversifying its operations beyond AIGC streaming and into robust AI infrastructure that mitigates potential market risks while enhancing its growth trajectory. Industry analysts forecast that Southeast Asia's AI cloud market could surpass US$110 billion by 2028.
Statements from Company Executives
Jing Tuang “Zelt” Kueh, GIBO's CEO, expressed optimism about the collaboration, stating, "This Core Partnership with Ricloud marks a pivotal transformation for GIBO, as we harness our AI expertise to innovate infrastructure in the region. Ricloud’s NVIDIA NCP status allows us to capture significant market share and provide meaningful returns on our investments."
On the other hand, Ken Zhang, Ricloud’s COO, underscored the importance of this partnership, indicating that GIBO’s extensive reach and commitment make it an ideal collaborator in realizing their vision for AI sovereignty, empowering governments and businesses alike.
In conclusion, GIBO's strategic partnership with Ricloud sets the stage for significant advancements in AI infrastructure across Southeast Asia, positioning both entities to capitalize on the extensive opportunities presented by the burgeoning digital economy in the region. By combining resources and expertise, GIBO and Ricloud are poised to lead the charge in establishing a robust AI cloud ecosystem that supports a diverse array of sectors and fosters sustainable growth in the AI landscape.