🔑 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."