LQR House subsidiary enters up to $3 million OpenAI computing agreement to expand Fusion Five's AI capabilities

Agreement scope: One-year deal by subsidiary YHC AI Limited to procure up to $3 million in AI computing resources powered by OpenAI technologies, including access to the latest GPT models available in Singapore.

Intended use at Fusion Five Continents Securities Limited: AI-driven research, quantitative analytics, and automated portfolio optimization as part of its AI-enabled brokerage platform.

Payment structure: $30,000 deposit following the agreement; remaining amounts tied to Fusion Five's deployment requirements and usage over the contract term; counterparty to the agreement is referenced only as "the agent" and is not named.

Strategy: Builds toward a multi-model AI infrastructure, complementing a prior June 2026 agreement with a ByteDance group company that incorporated models from that group into the platform.

Rationale: Company cites expanding Fusion Five's analytical capabilities, supporting more complex research workflows, and improving portfolio construction tools, with benefits depending on implementation, testing, and performance.

Leadership context: Press release identifies Leo Chen as LQR House's "new Chief Executive Officer" and quotes him on the AI rollout and risk management focus.