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Bloomberg

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

Thursday, November 12, 2026


Zetrix AI Bhd., a Malaysian artificial intelligence company that previously built an AI avatar of Prime Minister Anwar Ibrahim, has lost more than 90 percent of its market value since earlier 2026. The company, which had prepared to list its AI unit on Nasdaq, faces debt obligations and risks defaulting on its Islamic bonds. Zetrix AI's market decline follows from undisclosed financial deterioration since its peak valuation earlier in the year.

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