ICO GROUP plans to subscribe for $3 million of preferred shares in Weitu AI Inc
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ICO GROUP plans to subscribe to 34,479 shares of preferred stock in Weitu AI Inc for an amount of 3 million USD. This move aims to integrate Weitu's artificial intelligence capabilities into ICO's business, particularly in the areas of information technology applications, solution development, and infrastructure services. The board believes that this subscription will bring synergistic benefits to the group and develop a new efficient artificial intelligence service platform for customers
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