other_material
confidence high
sentiment neutral
materiality 0.60
XMax subsidiary signs $4.8M/month cloud & AI services agreement with SuperX AI
XMax Inc.
- XMax AI Inc., subsidiary of XMax Inc., entered cloud services agreement with SuperX AI Technology USA on April 22, 2026.
- Service fees are $4,800,000 per month; agreement automatically renews annually unless 60-day non-renewal notice given.
- Services include cloud computing, API access to LLMs, and value-added technical support; data ownership remains with XMax AI.
- Agreement includes restrictions on use for Restricted Entities (MINIMAX, Z.ai, KIMI), model distillation, and export controls.
- Either party may terminate for convenience with 30 days' notice; liability capped at fees paid in preceding 3 months.