QAI signs 48.8 billion won AI computing supply deals in South Korea
The quantum technology company has already received a 12.8 billion won down payment against the two contracts with South Korean firms.
QAI has signed contracts to supply AI computing equipment to two South Korean companies, with a combined value of about 48.8 billion won, according to datanet.co.kr. The company said it has already received a down payment of 12.8 billion won.
QAI was founded in November 2025 and builds hybrid data centers that combine quantum processing units (QPUs) and GPUs, alongside customized hybrid quantum computing solutions.
The company said its order intake has already surpassed its 2026 annual revenue target, and it expects to reach annual revenue of 50 billion won within one year of its founding.
Down payment received
QAI did not disclose the names of the two buyers or a delivery schedule in the announcement.
Quick answers
How much are QAI's new AI computing contracts worth?
The two supply contracts have a combined value of about 48.8 billion won.
Has QAI received any payment yet?
Yes. QAI said it has already received a down payment of 12.8 billion won.