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Alset Capital ( (TSE:GPUS) ) just unveiled an announcement.
Alset AI Ventures Inc. has announced a definitive agreement to acquire the remaining 25% of Cedarcross Technologies, now operating as Lyken.AI, making Alset AI the full owner of the AI cloud computing company. This acquisition is expected to accelerate the commercial launch of Lyken.AI’s Platform-as-a-Service strategy, enhance integration with partners, and scale operations to meet growing demand for AI compute capacity, positioning Lyken as a prominent boutique AI infrastructure platform.
More about Alset Capital
Alset AI Ventures Inc. is a pioneering AI and cloud computing investment firm dedicated to nurturing high-potential technology companies. The company focuses on advancing innovation through strategic investment and cloud computing solutions, shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.
Average Trading Volume: 1,572,575
Technical Sentiment Signal: Sell
Current Market Cap: C$12.88M
Learn more about GPUS stock on TipRanks’ Stock Analysis page.