YY Group Holding launches humanoid robots lab in Singapore, stock surges 33% after hours

YY Group (YYGH) Stock Jumps After Hours: Why Is It Moving? - YY Group Holding (NASDAQ:YYGH)

YY Group Holding Limited (NASDAQ:YYGH) shares gained 33.29% to $0.20 in after-hours trading on Wednesday after the company announced new AI and robotics initiatives. YY Group is a Singapore-based workforce management and integrated facility management company that provides AI-powered workforce solutions for industries including hospitality, retail and food services. AI Robotics Expansion Drives Gains YY Group said on Wednesday, that its new Singapore humanoid robotics training lab will support the company's AI training data strategy and operate using NVIDIA accelerated computing technology. The lab will work alongside the company's existing AI training and data collection facility in Johor, Malaysia. YY Group said both facilities will collect structured real-world workforce data to help train and improve service robots that can work alongside human employees. The company also announced pilot deployments of humanoid robots at a major shopping mall and a luxury hotel in Singapore to gather operational data and improve robot performance in real-world environments. CEO Mike Fu said the company's Human-Robot Co-Working framework is designed to allow robots to handle repetitive tasks while human workers focus on higher-value services. He added that YY Group's network of more than 500,000 workers across 12 countries provides a data advantage for developing AI-powered workforce solutions. Trading Metrics, Technical Analysis YY Group has a market capitalization of approximately $1.4 million. The stock has traded between a 52-week high of $172.50 and a 52-week low of $0.13. Over the past 12 months, YYGH shares have declined about 99.8%. Price Action: According to market data, YYGH closed Wednesday's regular session at $0.15, down 3.99% on the day. The stock then rose 33.29% in after-hours trading to $0.20 following the company's robotics and AI training lab announcement. Benzinga Edge Stock Rankings indicate YYGH has negative short-term, medium-term and long-term price trends. Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors. Photo Courtesy: MMD Creative on Shutterstock.com Market News and Data brought to you by Benzinga APIs To add Benzinga News as your preferred source on Google, click here.

YY Group launches humanoid robot training lab in Singapore By Investing.com

SINGAPORE - YY Group Holding Limited (NASDAQ:YYGH) announced today the launch of its Humanoid Robotics Training Lab in Singapore and pilot deployments of humanoid robots at a shopping mall and luxury hotel in the city-state, according to a press release statement. The Singapore lab will operate on NVIDIA accelerated computing technology and complement the company's Johor, Malaysia AI training facility announced on April 22, 2026. Both facilities will capture real-world human activity data from the company's network of over 500,000 workers across hospitality, food and beverage, facility maintenance, security and other service roles to train service robots. The pilot deployments will place humanoid robots alongside human workers in the shopping mall and hotel to gather operational data and refine the robots' spatial awareness and task performance. The Singapore lab will also serve as an exhibition space for client demonstrations. "Our Human-Robot Co-Working framework is built on a simple principle: robots handle repetitive and physically demanding tasks while human workers focus on higher-value service," said Mike Fu, Chief Executive Officer of YY Group. The company operates an AI-native workforce management platform and integrated facility management services across Asia. YY Group stated the initiatives are supported by existing resources and do not change its fiscal 2026 revenue guidance of $103 million to $110 million. The guidance represents substantial growth from the company's $57 million in revenue over the last twelve months, though the company remains unprofitable with a market capitalization of just $650,000. An InvestingPro tip notes the company is quickly burning through cash, a key consideration as it expands into robotics infrastructure. Investors can access 19 additional ProTips and comprehensive financial health metrics to evaluate the company's strategic pivot ahead of its June 10 earnings report. The robotics training lab and pilot deployments advance the company's Agentic and Robotic Automation module outlined in its May 11, 2026 Strategic Update. The company said it plans to serve clients with hybrid workforce models combining human workers and automation to address labor shortages and supply structured datasets to technology companies developing robotics and AI systems. YY Group is headquartered in Singapore and listed on the Nasdaq Capital Market. In other recent news, YY Group Holding Limited reported a significant 39.3% increase in revenue for the full year 2025, reaching $57.2 million, compared to $41.1 million in 2024. The company's gross profit also rose by 50.2% to $7.9 million, with the gross profit margin expanding to 13.8% from the previous year's 12.8%. Additionally, YY Group has regained compliance with Nasdaq's minimum bid price requirement following a reverse stock split. The company also announced a new partnership with Beijing Velobotics Tech Co., Ltd. to deploy autonomous cleaning robots in Singapore and Malaysia. Furthermore, YY Group has expanded its operations in Malaysia by entering the Melaka market through a workforce partnership with an international 5-star hotel. The company launched an AI training data platform in Malaysia to generate datasets for robotics and AI applications. These developments reflect YY Group's ongoing efforts to innovate and expand its market presence. This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.