LQR House Announces One-Year Agreement for the Purchase of up to $3 Million in OpenAI Computing Resources to Enhance Fusion Five Continents Securities' Research and Quantitative Capabilities
Key Highlights
- ➤LQR House (YHC) agrees to procure up to $3 million in OpenAI computing resources
- ➤YHC AI Limited will access latest Singapore-available GPT models for Fusion Five workflows
- ➤Company made a $30,000 deposit; remaining payments depend on deployment and usage
- ➤Fusion Five is developing AI-driven research, quantitative analytics, and automated portfolio optimization
- ➤Leo Chen becomes LQR House’s new Chief Executive Officer
Expert Statements
Leo Chen, Chief Executive Officer of LQR House
“We see AI as an opportunity to fundamentally improve the tools available for financial research and portfolio analysis”
Leo Chen, Chief Executive Officer of LQR House
“Fusion Five has already invested in developing its own AI and quantitative capabilities. Our next step is to build on that foundation by evaluating complementary models and expanding the computing resources available to the platform. Our goal is to develop an integrated, AI-enabled brokerage that brings research, analytics, and execution together in a single environment, while maintaining a disciplined focus on implementation, reliability, and risk management.”
Miami Beach, Florida--(Newsfile Corp. - October 19, 2026) - LQR House Inc. (NASDAQ: YHC) ("LQR House" or the "Company") today announced that its subsidiary YHC AI Limited has entered into a one-year agreement to procure up to $3 million in AI computing resources powered by OpenAI technologies to support the continued development of AI-driven research, quantitative analytics, and automated portfolio optimization at its other subsidiary, Fusion Five Continents Securities Limited ("Fusion Five").
This agreement represents another step in the Company's strategy to expand Fusion Five's technology capabilities and advance its vision of an AI-enabled brokerage platform integrating financial research, portfolio analytics, and investment execution.
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