[Market Feature] Gabia Hits Record High on Expanded AI Service Collaboration with Algorithm Labs

Gabia is showing strong performance in early trading.

As of 9:03 a.m. on September 10, Gabia was trading at 28,550 won, up 7.13% (1,900 won) from the previous day. During the session, the price surged to 29,300 won, setting a new 52-week high.

Investor sentiment appears to have been boosted by news that the company has signed a strategic business agreement with Algorithm Labs, a company specializing in artificial intelligence (AI) solutions, to drive innovation in AI-based services.

The two companies plan to combine their AI workflow and agent technologies to provide AI-based work environments in various fields, including work automation and collaboration tools, by utilizing node-based orchestration.

Previously, last month, Gabia also signed a memorandum of understanding with Beomil Information, a company specializing in public sector IT solutions and system integration (SI), for cooperation in AI public informatization projects and AI model development and operation (MLOps) technologies.

Gabia, which was listed on KOSDAQ in 2005 as an IT infrastructure company, operates its self-developed IaaS 'gCloud' and 'Hiworks' platforms.