XMax, apM Group to Explore Vertical AI Applications in Korea, Globally

05:42 PM EDT, 09/17/2026 (MT Newswires) -- XMax (XMAX) said late Thursday its wholly owned subsidiary, XMax AI, recently entered into a non-binding letter of cooperation with apM Group, a Seoul-based K-fashion wholesale ecosystem operating company, to explore the development and commercialization of AI infrastructure and industry-specific AI models for the Korean and global markets. The companies also intend to explore establishing a Korea-based AI joint venture to support AI infrastructure operations, industry-specific model development and commercialization, and the deployment of AI applications, XMax said.