Alset Capital’s Investee Cedarcross Secures $26M Contract

Alset Capital, Inc. (TSE:KSUM) has released an update.

Alset Capital Inc. has announced a lucrative $26 million contract for its investee, Cedarcross International Technologies, to distribute Nvidia H100 GPU servers, known for their cutting-edge AI training capabilities. This deal boosts Cedarcross’s high-performance computing server distribution revenue to approximately $28 million year-to-date. The agreement not only marks significant growth for Cedarcross but also highlights the strategic market position and diverse offerings of the company in the competitive HPC industry.

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