The latest update is out from Midpoint Holdings ( (TSE:MATE) ).
Blockmate Ventures Inc’s investee, Hivello Holdings Ltd, has partnered with AIxBlock to integrate decentralized computing power into AI applications. This strategic partnership aims to provide an alternative to centralized data centers, allowing developers to access significant computing power at a lower cost, while offering Hivello users additional opportunities for passive income. This collaboration also positions both companies at the forefront of the emerging intersection between AI and decentralized technologies, potentially reshaping how computing resources are utilized in AI development.
More about Midpoint Holdings
Blockmate Ventures Inc is involved in the technology industry, specifically focusing on decentralized computing solutions. Their investee, Hivello Holdings Ltd, provides a platform for users to earn passive income by sharing unused computing power. The company’s market focus includes AI and Web3 technologies through partnerships like the one with AIxBlock.
YTD Price Performance: 0.0%
Average Trading Volume: 2,656,439
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$41.32M
See more data about MATE stock on TipRanks’ Stock Analysis page.