Notion Vtec invests RM1mil to fund AI product development

KUALA LUMPUR: Notion VTEC Bhd is investing RM1mil in an artificial intelligence (AI) product maker Blinkware Technology Sdn Bhd.

The investment is targeted for the development of a head-gear wearable thermal imaging camera and screen, as well as a x-ray scanning system, the company said in a filing with Bursa Malaysia today.

Return on investment, Notion Vtec said, will determined based on the distributed profits of Blinkware arising from the sales of the products namely Headgear and X-ray System.

Notion Vtec's portion of the shared profit is 60%, with Blinkware taking the rest.

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