KUALA LUMPUR: Frac Group, a Malaysian enterprise technology company specialising in real-world asset (RWA) tokenisation and blockchain solutions, is partnering Singapore-listed USP Group Ltd’s artificial intelligence (AI) subsidiary, SuprAI Pte Ltd, to develop enterprise AI solutions for businesses across Southeast Asia.

Frac co-founder and CEO Japhet Lim Wei Jie said the initial focus was on deploying and testing the technology within the group’s existing operations.

“The first year of the collaboration would focus on developing and deploying the solutions internally before offering them to external customers. We feel that there’s no point pushing software that has no track record,” he told SunBiz on the sidelines of the collaboration unveiling today.