Linkhome Holdings Inc. (LHAI) shares jumped 28% on Tuesday after the company launched its OpenLink decentralized AI compute platform and signed its first enterprise AI compute services agreement with an estimated value of up to $10.5 million.

The two-year agreement marks OpenLink's first commercial deployment and its first enterprise customer. Under the contract, Linkhome will provide GPU computing capacity, AI cloud infrastructure, workload scheduling, infrastructure management, network connectivity, orchestration software, and technical support.

Based on the current pricing schedule, the agreement could generate up to about $10.5 million in gross service fees over 24 months, excluding applicable taxes. The estimate assumes phased deployment of computing capacity and customer acceptance.

However, the company said actual revenue may differ. It will depend on deployment timing, customer acceptance, compute usage, service availability, service-level performance, customer payments, and other contractual conditions. Linkhome said it will recognize revenue under U.S. GAAP as services are delivered.

OpenLink Targets Decentralized AI Computing

Unlike traditional GPU cloud providers that rely on company-owned data centers, OpenLink operates as a decentralized AI compute marketplace. The platform connects enterprise customers with distributed GPU infrastructure through a unified software platform. As a result, enterprises can access scalable GPU capacity while infrastructure providers can monetize underused computing resources.

Chief Executive Officer Bill Qin said the agreement marks an important milestone for OpenLink and validates the company's decentralized AI infrastructure model. He said the platform aims to make AI computing more accessible by connecting underused GPU resources worldwide, allowing enterprises and developers to access computing power as easily as traditional cloud services.

The company believes the marketplace model can scale as more enterprise customers and infrastructure providers join the platform. It also plans to expand its customer pipeline while adding qualified GPU owners, data centers, cloud operators, and other infrastructure partners to increase computing capacity across the OpenLink ecosystem.

Price Action

Linkhome shares were up 28.00% at $1.28 at the time of publication on Tuesday, according to market data.