Veytics Intelligence
2026-11-12 · Bloomberg

Ex-Malaysia Digital Star That Built PM’s Avatar Is Mired in Debt

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Earlier this year, Malaysia’s Zetrix AI Bhd. was preparing to list its artificial intelligence unit on Nasdaq and had even built an AI avatar of Prime Minister Anwar Ibrahim. Now the onetime digital infrastructure star has lost more than 90% of its market value, is mired in debt and risks defaulting on its Islamic bonds.

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