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An update from Alset Capital ( (TSE:GPUS) ) is now available.
Alset AI Ventures Inc. has announced the advancement of its Lyken.AI platform to support Canada’s AI data sovereignty and infrastructure goals. The company is addressing Canada’s underrepresentation in global AI compute infrastructure by deploying secure, scalable, and compliant infrastructure through domestic data centers. This initiative aligns with the Canadian Government’s AI Sovereign Compute Strategy and aims to reduce reliance on foreign providers, enhancing national competitiveness. Alset AI is expanding its infrastructure with new data center deployments and a strategic partnership with Excel Computility Service Ltd., which will integrate advanced GPU clusters into Lyken’s infrastructure, accelerating its rollout. The company is also strengthening its market presence through an extended agreement with Machai Capital Inc. to enhance investor relations and brand visibility.
More about Alset Capital
Alset AI Ventures Inc. is a pioneering AI and cloud computing investment firm dedicated to fostering high-potential technology companies. The company leverages capital, strategic advisory, and cloud computing partnerships to drive innovation and growth.
Average Trading Volume: 1,534,415
Technical Sentiment Signal: Hold
Current Market Cap: C$13.96M
For a thorough assessment of GPUS stock, go to TipRanks’ Stock Analysis page.