LQR House unit signs two-year AI compute deal with ByteDance’s BytePlus ModelArk platform

LQR House Inc.

LQR House Inc.

YHC

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  • LQR House subsidiary YHC AI signed a two-year agreement with ByteDance unit BytePlus to buy AI compute on the ModelArk platform.
  • Compute will support AI-driven research, quantitative modeling, automated portfolio optimization at Fusion Five Continents Securities, a recently consolidated brokerage unit.
  • Agreement dated June 26; LQR House disclosed it on Monday.
  • Deal also covers use of ByteDance video-generation models to produce on-demand promotional content for Fusion Five Continents’ AI business.
  • LQR House expects the relationship to expand into ByteDance cloud computing and other AI technologies.


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