Nano Labs Ltd (NASDAQ:NA) and ALT5 Sigma Corporation (NASDAQ:ALTS) have signed a non-binding memorandum of understanding to assess a potential partnership focused on AI data centers, agent-based cloud platforms and AI-driven payment systems across North America.
The agreement sets out a 90-day review period during which both companies will examine the technical and commercial viability of collaboration across three key areas. ALT5 Sigma, which plans to rebrand as AI Financial Corporation and adopt the ticker AIFC, operates global infrastructure for payments, trading and settlement.
Focus on Infrastructure and AI Ecosystems
The companies intend to evaluate the development of AI data center infrastructure in North America, including computing capacity requirements for AI workloads and system architecture.
They will also consider building a cloud-based platform designed for autonomous AI agents, alongside integrating payment systems tailored for machine-to-machine transactions.
ALT5 Sigma will contribute its expertise in financial infrastructure and global payments, while Nano Labs will bring capabilities in high-performance computing, semiconductor design and data center systems. A joint working group made up of senior representatives from both firms will oversee the evaluation process.
Growing Demand for Integrated AI Systems
Both companies noted that rapid advances in artificial intelligence and distributed computing are accelerating the emergence of systems where software agents operate independently across cloud environments.
They see increasing demand for integrated platforms that combine computing power with financial settlement capabilities.
Next Steps Subject to Evaluation
Any formal partnership will depend on the outcome of the evaluation period and the signing of definitive agreements. The memorandum is non-binding, and any decision to proceed will be based on proven technical feasibility and commercial potential.
About Nano Labs
Nano Labs Ltd develops high-performance computing chips and has also positioned itself in digital assets, with BNB as its primary reserve. The company operates across multiple segments, including computing solutions and infrastructure.