iStreet Network Ltd. Expands Business Scope to Include AI, IT Services, and Emerging Technologies
iStreet Network Ltd. has announced an alteration in the object clause of its Memorandum of Association. The company's Board of Directors has approved the expansion of business activities to include importing, exporting, distributing, marketing, buying, selling, licensing, installing, servicing, and maintaining hardware and software products related to general purpose and Artificial Intelligence computing capabilities. The new main object clause III(A) also includes providing IT services, offering consulting, development, deployment, and support services in AI, Machine Learning, and related technologies, conducting research, building intellectual property, developing new products and platforms, and providing training/capacity-building in all areas of information technology, AI, cybersecurity, and emerging technologies.
Key Highlights
- iStreet Network Ltd. is expanding its business activities to include AI, IT services, and emerging technologies.
- The company will import, export, distribute, market, buy, sell, license, install, service, and maintain hardware and software products related to general purpose and AI computing capabilities.
- iStreet Network Ltd. will provide IT services, offer consulting, development, deployment, and support services in AI, Machine Learning, and related technologies.
- The company will conduct research, build intellectual property, develop new products and platforms, and provide training/capacity-building in all areas of information technology, AI, cybersecurity, and emerging technologies.
- The expansion is subject to the approval of shareholders in the ensuing Annual General Meeting.