DCX and Whales AI Sign Non-Binding MOU for Strategic Cooperation to Bring AI-Powered STEM Education Robotics Platform to the United States and Canada

Digital Currency X Technology Inc. (Nasdaq: DCX) (“DCX” or the “Company”) today announced that it has signed a non-binding memorandum of understanding (the “MOU”) with Whales AI Limited (“Whales AI”), a well-known provider of AI-powered educational robotics models, to pursue a strategic cooperation for the commercialization of Whales AI's AI and STEM education robotics platform (the “Platform”) across the United States and Canada (together, the “Territory”).

Under the terms of the MOU, DCX intends to invest an aggregate of US$20,000,000 to support the continued development of the Platform, including the training and optimization of its underlying artificial intelligence large language model and its localization for the education market in the Territory. In exchange, Whales AI intends to grant DCX the exclusive right to market, sell, and commercially operate the Platform throughout the Territory.

The parties intend that DCX will lead sales, marketing, and business development for the Platform inthe Territory, while Whales AI will remain responsible for platform development, large-model training, and technical maintenance. The parties intend to share the resulting platform revenue on a 60%/40% basis, with DCX entitled to 60% and Whales AI entitled to 40%. All of these terms remain subject to negotiation and execution of definitive agreements.

The MOU is non-binding as to its principal commercial terms. Entry into definitive agreements is subject to completion of due diligence to the Company's satisfaction, agreement of final terms, and all necessary internal approvals, including board approval. There can be no assurance that definitive agreements will be entered into or that the contemplated business will proceed. No amounts have been committed under the MOU, and no revenue is expected from this activity in the current financial year.

According to Precedence Research, the global market for artificial intelligence in education was estimated at approximately US$9.58 billion in 2026 and is projected to grow to approximately US$136.79 billion by 2035, representing a compound annual growth rate of approximately 34.5%, with North America accounting for the largest regional share at approximately 38% as of 2025. Separately, according to Grand View Research, the global market for educational robots was estimated at approximately US$1.38 billion in 2024 and is projected to reach approximately US$5.84 billion by 2030, with North America representing more than 35% of global revenue in 2024.

The Company believes these trends underscore the growth potential of the North American market that the proposed cooperation is intended to address.

“North America’s AI-in-education and educational robotics markets are both entering a period of sustained growth, and we believe Whales AI’s platform is well positioned to capture that opportunity,” said Melissa Chen the CEO of DCX, “This proposed cooperation reflects our continued shift toward digital currency and AI-driven business lines, and we look forward to working with the Whales AI team as we move toward definitive ag...