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Malaysian digital infrastructure firm Zetrix AI has seen over 90% of its market value evaporate and is deeply embroiled in a debt crisis
Malaysian digital infrastructure firm Zetrix AI has seen its market value evaporate by over 90% and is mired in a debt crisis, facing the risk of a sukuk default. Earlier this year, the company had prepared to spin off its artificial intelligence business for a Nasdaq listing and had previously created an AI digital human for Malaysian Prime Minister Anwar Ibrahim.
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