🔑 Excited to share: Alset AI Ventures has entered into a definitive agreement to acquire the remaining interest in Cedarcross Technologies (now operating as https://t.co/wkh4MBgZ8H), our flagship PaaS compute platform for small to mid-sized AI companies. #AIInvesting
Thank you to everyone who joined our @AlsetAI webinar yesterday to learn more about who we are and where we’re headed!🚀
Missed it live? Replay is now available:
🎥 Watch here: https://t.co/bwfHWWO8zz
Or visit our Investor page: https://t.co/szkJmRtIlS
#AI#CloudCompute#TSXV
📣 You’re Invited — Alset AI Ventures Investor Update!
Join us for Alset AI Ventures' inaugural Investor Webinar with our CEO, Adam Ingrao, on Thursday, May 22 at 11:00 am ET.
Come to meet Adam and hear what’s ahead for Alset (TSXV:GPUS).🔗 Register here: https://t.co/xF0p7154aW
We’re proud to announce that Alset AI Ventures has been accepted into the @nvidia Inception VC Alliance—an exclusive global network connecting top VCs with the next wave of AI + HPC startups. A meaningful step forward as we scale our AI ecosystem.✨
#AlsetAI#AiInvesting#GPUS
⚡ The Future of AI Requires More Compute and Alset is Ready.
NVIDIA’s Jensen Huang says it best: next-gen AI demands exponentially more computing power.
We’re building the infrastructure to power the next evolution... b/c compute isn’t just a resource, it’s a an edge!🚀
🚀Deal Closed! @AlsetAI now holds 75% majority ownership of Cedarcross Technologies.
Cedarcross is fueling the future of AI—delivering the cloud compute power that drives the next wave of breakthroughs.
Big moves. Bigger impact. Stay tuned.⚡
#AI#TechInvesting#CloudComputing
🔍We’ve been quietly building, and today, we’re sharing our new Corporate Presentation—now live & downloadable at https://t.co/szkJmRtIlS. This is just the start. A brand-new website is coming soon to better showcase our mission, investments & AI-driven future. Stay tuned! 🚀
✨Thrilled to have @JaretChristopher join as a Strategic Advisor! A SaaS innovator & multiple-exit founder, his expertise will be invaluable as we scale AI investments & innovation.Exciting times ahead!
https://t.co/KIzhBJpkaQ
#Al#TechLeadership#VentureCapital#AIInnovation
🚀 Strategic Moves... we are expanding into decentralized AI
✔️Dec. 23: Broadened our investment scope to embrace decentralized AI
✔️Today: Launched a strategic program to acquire decentralized AI tokens
#AIInnovation#VentureCapital
@AlsetAI is pleased to announce that its portfolio company, Cedarcross, has successfully generated approximately USD$4.25 million from the sale of 13 Nvidia H100 HGX 8GPU servers.
Catch up on the specifics in our latest news release: https://t.co/Mf3UEdWZh4
BREAKING: INTEL IS IN TALKS WITH MULTIPLE INVESTMENT BANKS ASKING FOR ADVICE AS INTEL STOCK HAS FALLEN OVER 50% THIS YEAR
IT IS DISCUSSING MULTIPLE PLANS INCLUDING SPLITTING ITS PRODUCT-DESIGN BUSINESS AND MANUFACTURING
IT’S ALSO IN TALKS TO SCRAP SOME NEW FACTORY PLANS
$INTC
We are pleased to announce our upcoming corporate name change to “Alset AI Ventures Inc.”, along with the TSX Venture Exchange trading symbol change to “GPUS” effective August 23, 2024.
Read more about these changes here:
https://t.co/ShN4BC4u1P
#AI#GPUs#AIHardware#TechStocks
We are happy to announce an agreement was signed for Cedarcross, an investee company of Alset, to distribute 3 Nvidia H100 HGX 8GPU servers, generating $1.37M in revenue. The agreement includes an option that, if exercised, would yield an additional $91.7M https://t.co/86j5pYSSwk
"Cedarcross has now secured cumulative revenue year to date of approximately $28 million through its HPC server distribution business vertical alone. These agreements underscore the robust demand and strategic market positioning of Cedarcross in the HPC landscape."