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LOBO TECHNOLOGIES shares are trading higher after the company announced a $15 million annual contract to provide AI products and large model API services.
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- Source
- benzinga
- Observed
- Jun 2, 2026, 2:10 PM
- Checked
- Jun 2, 2026, 2:11 PM
- Cadence
- Captured once, then retained as an archive reference
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- fresh
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LOBO TECHNOLOGIES Says Its AI Products And Large Model API Services Business Generates Over $2M In Monthly Revenue For July
LOBO TECHNOLOGIES LTD. (NASDAQ:LOBO) ("LOBO" or "the Company"), an innovative electric mobility vehicles manufacturer and seller, today announced that its artificial intelligence (AI) products and large
Read original at benzingaLOBO Announces US$15 Million Contract for Annual AI Products and Large Model API Services
LOBO Technologies announced a $15 million annual contract with an AI enterprise for API services, with the first batch of four contracts totaling over $610,000 already executed. This marks the company's first major commercial engagement following the May 28, 2026 launch of its LoboToken.ai intelligent distribution platform, which provides cost-effective AI inference token services.
Read original at globenewswire-inc