24/7 Market News Snapshot 29 May, 2025 – VCI Global Limited Ordinary Share (NASDAQ:VCIG)

May 29, 2025

DENVER, Colo., 29 May, 2025 (www.247marketnews.com) – (NASDAQ:VCIG) are discussed in this article.
VCI Global Limited (VCIG) is experiencing a significant surge in investor interest, with its stock trading up by 68.21% in pre-market activity, reaching $4.794 from the previous close of $2.850. The impressive trading volume of 5.11 million shares indicates a growing enthusiasm for the company, reflecting positive sentiment regarding its future prospects. This dramatic increase positions VCIG as a key player in the market that warrants close observation.

Simultaneously, VCIG is making strides in the technology sector with its ambitious Project QG, which is set to revolutionize the deployment of Artificial Intelligence (AI) within governmental and institutional frameworks. Currently advancing into the proof-of-concept phase, Project QG is designed to address prevailing data privacy concerns and enhance the monetization potential of encrypted datasets.

By harnessing innovative technologies such as AI-driven hardware encryption, zero-trust computing, and blockchain validation, Project QG aims to establish a new benchmark for secure AI infrastructure. Industry analysts predict that the global AI market could exceed $1.8 trillion by 2030, alongside a projected leap in demand for cybersecurity solutions to nearly $298.5 billion by 2028—underscoring urgent needs that VCIG seeks to fulfill.

The platform incorporates advanced features like computation on encrypted data, blockchain-based audit trails, and sovereign-grade control, which ensures policy-driven options in data monetization. According to Dato’ Victor Hoo, Group Executive Chairman and CEO, “We’re building a platform for an AI-driven world where data remains protected, sovereign, and monetizable.”

With pilot programs set to engage selected institutional stakeholders, the full launch of this cutting-edge platform is anticipated in Q3 2025. This initiative highlights VCIG’s commitment to positioning itself at the forefront of the complex nexus of AI, cybersecurity, and data economics.

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