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Alset Capital ( (TSE:GPUS) ) has shared an announcement.
Alset AI Ventures Inc. has completed the acquisition of the remaining 25% of Cedarcross International Technologies Inc., now operating as Lyken.AI, achieving full ownership. This strategic move positions Alset AI to aggressively pursue the full-scale commercial launch of Lyken.AI’s Platform-as-a-Service compute platform, enhancing the company’s ability to meet growing demand for AI compute capacity and drive long-term shareholder value.
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 investments and cloud computing solutions, aiming to shape the future of artificial intelligence and build an AI-focused venture capital platform poised for substantial growth.
Average Trading Volume: 1,687,430
Technical Sentiment Signal: Hold
Current Market Cap: C$14.26M
For a thorough assessment of GPUS stock, go to TipRanks’ Stock Analysis page.