LOBO Secures $15 Million Annual AI Services Contract

LOBO announced a US$15 million contract on Tuesday for the provision of annual artificial intelligence products and large model API services. The agreement establishes a year-long commitment for the company to supply these technological resources to an undisclosed client.

The contract covers the delivery of specialized AI software and access to large language model application programming interfaces. This financial arrangement spans a 12-month period, during which LOBO will manage the integration and maintenance of these services. The company confirmed the deal in a public filing, noting that the revenue from this contract will be recognized over the course of the annual term.

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Date: June 2, 2026

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GOAI