Global Mofy shares rise 16.90% premarket after acquiring 51% stake in Eaglepoint AI for data governance and AI training.

Global Mofy AI (NASDAQ:GMM) surged 16.90% in premarket trading following the announcement of a 51% controlling stake in Delaware-based Eaglepoint AI, a subsidiary focused on data labeling, governance, and AI model training. The move includes a proprietary workflow tool, Aquila, and leverages U.S. compliance frameworks with engineering operations in Ethiopia, aligning with the company’s expansion into AI infrastructure. Additionally, Global Mofy secured $4.8 million in private placement financing, bolstering its capital base ahead of strategic initiatives. These developments, including partnerships with U.S. and Ethiopian tech talent and alignment with global AI demand, position the company to capitalize on growth in AI services, directly supporting the premarket rally.