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Alset Capital ( (TSE:GPUS) ) has provided an update.
Alset AI’s subsidiary Lyken.AI has signed a non-binding memorandum of understanding with Clairvoyant Holdings Inc., a private health-tech operator of clinical, digital, and wellness platforms, to deploy Lyken’s AI-enabled infrastructure, cloud, and engineering services across Clairvoyant’s clinical operations and affiliated wellness networks. The proposed collaboration contemplates roughly C$1.5 million in consideration over 24 months, with Lyken retaining about 65% for technology and engineering work and Silver Birch Growth Inc. receiving about 35% for commercialization support, though the deal remains subject to negotiation of definitive agreements, regulatory and board approvals, related-party safeguards, and there is no assurance the transaction will proceed, underscoring both a potential new revenue stream and execution risk for Alset AI in the health-tech vertical.
More about Alset Capital
Alset AI Ventures Inc. is an AI-focused venture investment platform that sources, funds, and develops companies across the artificial intelligence value chain, aiming to give investors diversified exposure to emerging AI applications and underlying infrastructure. Through its wholly owned subsidiary Cedarcross International Technologies Inc., operating as Lyken.AI, the company provides AI-enabled infrastructure, cloud computing, software development, and engineering capabilities to enterprise clients.
Average Trading Volume: 722,231
Technical Sentiment Signal: Sell
Current Market Cap: C$10.74M
For detailed information about GPUS stock, go to TipRanks’ Stock Analysis page.