NEW YORK, July 2 — Polibeli Group Ltd. has signed a non-binding Memorandum of Understanding with AUTHAIKAM COMPANY LIMITED to evaluate a potential artificial intelligence computing center project in Thailand. The filing, released Wednesday, states the MOU covers a proposed AI computing center. Polibeli Group Ltd., a global digital supply chain solutions provider listed on the Nasdaq under the ticker PLBL, announced the agreement with the Thailand-based company.
Under the terms of the MOU, the parties will collaborate on preliminary evaluation activities. The record shows this is an early-stage assessment.
The MOU is non-binding, meaning neither company is obligated to proceed with construction or final investment. The timeline for any definitive agreement remains unspecified in the public filing. Polibeli Group Ltd. describes itself as a global digital supply chain solutions provider.
AUTHAIKAM COMPANY LIMITED is a Thailand-based firm, though the filing provides no further detail on its operations or prior projects. Thailand has been positioning itself as a regional data center hub in Southeast Asia, attracting investment from major technology firms seeking to expand their cloud and AI infrastructure.
The country’s relatively stable power grid and government incentives for digital economy projects have drawn interest from international operators. Sources familiar with the matter would likely note that AI computing centers require substantial power and cooling infrastructure. The MOU represents the initial phase of what could become a multi-year development project.
No timeline for completion of the evaluation activities or potential next steps has been disclosed in the filing. Polibeli Group Ltd. made the announcement through a GlobeNewswire release on July 2, 2026. The company did not provide additional commentary from executives in the filing.
What to watch next: whether the parties move beyond preliminary evaluation to a binding agreement, and how the project aligns with Thailand’s broader digital infrastructure plans.
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