Next Technology Holding Inc. Announces US$35 Million R&D Initiative Across AI-Integrated SaaS, AI Computing, and Robotics

CHEYENNE, WY, Oct. 01, 2026 (GLOBE NEWSWIRE) -- Board Approves US$ 35 Million R&D Budget for the Period Ending March 26, 2027, to Strengthen Technology Reserves and Accelerate Business Expansion Next Technology Holding Inc. (NASDAQ: NXTT) (the “Company”), a technology company focused on AI-powered software development and digital asset management, today announced that its Board of Directors has approved a research and development budget of US$35 million for the period commencing on September 27, 2026, and ending on March 26, 2027, to fund the development and enhancement of the Company's technology reserves and capabilities across AI-integrated SaaS platforms, the AI computing industry, and robotics-related businesses. The R&D program is designed to accelerate the Company's business expansion, strengthen its competitive positioning, and capture emerging market opportunities across three converging fronts of the artificial intelligence industry: the structural transformation of the SaaS industry toward AI-driven platforms, the exponential growth in demand for AI computing power, and the transition of robotics and embodied intelligence from technical validation to large-scale commercial deployment.