Super X AI Technology Limited Accused of Faking AI Infrastructure; Investors Urged to Contact Gibbs Mura
ByAinvest
Friday, Sep 5, 2025 9:26 pm ET1min read
SUPX--
The J Capital report claims that Super X AI lacks evidence of building genuine AI infrastructure and has undisclosed related parties. It further alleges that the company's partnerships and acquisitions, such as those with PanaAI and MindEnergy, involve related parties whose identities remain hidden. The report suggests that SuperX's advertised AI products may feature digitally altered images and plagiarized specifications from other companies' websites. Moreover, the report indicates that the company has not made any progress on its $200 million "superfactory" project and is merely renting a small portion of a warehouse for its "Japanese AI Supply Center."
Executive departures at Super X AI have added to the concerns. CEO Howard Tang was fired on July 31, 2025, and remains unreplaced. The CFO and chairman of the Audit Committee resigned on June 30, 2025, with another Audit Committee member resigning on July 31. These departures have raised questions about the company's internal stability and management effectiveness.
Investors are urged to remain vigilant. Gibbs Mura is currently investigating a potential securities class action lawsuit on behalf of shareholders affected by the allegations. For more information, investors are encouraged to contact Gibbs Mura.
The allegations against Super X AI highlight the importance of thorough due diligence in the AI sector. As the industry continues to evolve, investors must be cautious and ensure that companies are genuinely engaged in the development of AI technologies. The case of Super X AI serves as a stark reminder of the risks involved in investing in companies that may not be as transparent as they appear.
References:
[1] https://www.investing.com/news/stock-market-news/super-x-ai-pretending-its-in-ai--j-capital-short-93CH-4225007
Super X AI Technology Limited has been accused by J Capital Research of faking its AI infrastructure. The report claims that the company lacks evidence of building AI infrastructure and has undisclosed related parties. Shares of SuperX plummeted 27% after the report. Gibbs Mura is investigating a potential securities class action lawsuit on behalf of shareholders. Investors are urged to contact Gibbs Mura for more information.
Super X AI Technology Limited (NASDAQ: SUPX) has come under intense scrutiny following a scathing report by short-seller J Capital Research. The report accuses the company of faking its AI infrastructure, raising significant concerns among investors. Shares of SuperX plummeted by 27% after the report was released, highlighting the market's reaction to the allegations.The J Capital report claims that Super X AI lacks evidence of building genuine AI infrastructure and has undisclosed related parties. It further alleges that the company's partnerships and acquisitions, such as those with PanaAI and MindEnergy, involve related parties whose identities remain hidden. The report suggests that SuperX's advertised AI products may feature digitally altered images and plagiarized specifications from other companies' websites. Moreover, the report indicates that the company has not made any progress on its $200 million "superfactory" project and is merely renting a small portion of a warehouse for its "Japanese AI Supply Center."
Executive departures at Super X AI have added to the concerns. CEO Howard Tang was fired on July 31, 2025, and remains unreplaced. The CFO and chairman of the Audit Committee resigned on June 30, 2025, with another Audit Committee member resigning on July 31. These departures have raised questions about the company's internal stability and management effectiveness.
Investors are urged to remain vigilant. Gibbs Mura is currently investigating a potential securities class action lawsuit on behalf of shareholders affected by the allegations. For more information, investors are encouraged to contact Gibbs Mura.
The allegations against Super X AI highlight the importance of thorough due diligence in the AI sector. As the industry continues to evolve, investors must be cautious and ensure that companies are genuinely engaged in the development of AI technologies. The case of Super X AI serves as a stark reminder of the risks involved in investing in companies that may not be as transparent as they appear.
References:
[1] https://www.investing.com/news/stock-market-news/super-x-ai-pretending-its-in-ai--j-capital-short-93CH-4225007

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