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Alset Capital ( (TSE:GPUS) ) has shared an update.
Alset AI Ventures Inc. is nearing the completion of its acquisition of a 75% equity stake in Cedarcross International Technologies Inc., which marks a significant milestone in its strategic expansion within the AI cloud computing infrastructure sector. This acquisition is expected to enhance Alset AI’s position as a leader in AI computing infrastructure. In light of recent industry advancements, including DeepSeek AI’s model efficiency breakthroughs, Alset AI reaffirms its commitment to investing in scalable, high-performance AI infrastructure, recognizing the ongoing need for robust computational resources as AI capabilities expand.
More about Alset Capital
Alset AI Ventures Inc. is an artificial intelligence venture company focused on advancing innovation through strategic investments and cloud computing solutions. Its primary market focus is on AI cloud computing infrastructure.
YTD Price Performance: -37.50%
Average Trading Volume: 2,505,942
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$10.56M
Find detailed analytics on GPUS stock on TipRanks’ Stock Analysis page.
