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Alset AI Ventures (TSXV:GPUS)(OTC:ALSCF) has expanded its investment policy to include decentralized AI, quantum AI, quantum computing, and cryptocurrency opportunities. The company aims to leverage these technologies through its flagship portfolio company, Cedarcross International Technologies, which provides Nvidia GPU-powered infrastructure for AI model training to SMEs.
You are viewing: Alset AI Ventures Expands into Quantum Computing, Decentralized AI in Major Strategic Shift
Alset AI recently announced plans to increase its ownership in Cedarcross Technologies to approximately 75%, strengthening its position in AI cloud infrastructure. The company views these emerging technologies as interconnected components essential for next-generation AI development, focusing on creating accessible, powerful, and transformative solutions.
Alset AI Ventures (TSXV:GPUS)(OTC:ALSCF) ha ampliato la sua politica di investimento per includere AI decentralizzata, AI quantistica, informatica quantistica e opportunità di criptovaluta. L’azienda mira a sfruttare queste tecnologie attraverso la sua azienda di punta, Cedarcross International Technologies, che fornisce infrastrutture potenziate da GPU Nvidia per l’addestramento di modelli AI alle PMI.
Recentemente, Alset AI ha annunciato piani per aumentare la sua partecipazione in Cedarcross Technologies a circa 75%, rafforzando la sua posizione nell’infrastruttura cloud AI. L’azienda considera queste tecnologie emergenti come componenti interconnesse essenziali per lo sviluppo dell’AI di nuova generazione, concentrandosi sulla creazione di soluzioni accessibili, potenti e trasformative.
Alset AI Ventures (TSXV:GPUS)(OTC:ALSCF) ha ampliado su política de inversión para incluir IA descentralizada, IA cuántica, computación cuántica y oportunidades de criptomonedas. La compañía busca aprovechar estas tecnologías a través de su empresa insignia, Cedarcross International Technologies, que proporciona infraestructura potenciada por GPU de Nvidia para el entrenamiento de modelos de IA a pequeñas y medianas empresas.
Recientemente, Alset AI anunció planes para aumentar su participación en Cedarcross Technologies a aproximadamente 75%, fortaleciendo su posición en la infraestructura de nube para IA. La empresa ve estas tecnologías emergentes como componentes interconectados esenciales para el desarrollo de la IA de próxima generación, enfocándose en crear soluciones accesibles, potentes y transformadoras.
알셋 AI 벤처스 (TSXV:GPUS)(OTC:ALSCF)는 분산형 AI, 양자 AI, 양자 컴퓨팅 및 암호화폐 기회를 포함하도록 투자 정책을 확장했습니다. 이 회사는 중소기업을 위한 AI 모델 교육을 위해 Nvidia GPU를 기반으로 한 인프라를 제공하는 주력 포트폴리오 회사인 Cedarcross International Technologies를 통해 이러한 기술을 활용하려고 합니다.
알셋 AI는 최근 Cedarcross Technologies에 대한 소유권을 약 75%로 증가시킬 계획을 발표하여 AI 클라우드 인프라에서의 입지를 강화했습니다. 이 회사는 이러한 신기술을 차세대 AI 개발에 필수적인 상호 연결된 요소로 보고, 접근 가능하고 강력하며 변혁적인 솔루션을 만드는 데 집중하고 있습니다.
Alset AI Ventures (TSXV:GPUS)(OTC:ALSCF) a élargi sa politique d’investissement pour inclure IA décentralisée, IA quantique, calcul quantique et opportunités en cryptomonnaie. L’entreprise vise à tirer parti de ces technologies à travers sa société phare, Cedarcross International Technologies, qui fournit une infrastructure alimentée par des GPU Nvidia pour la formation de modèles IA aux PME.
Alset AI a récemment annoncé des plans pour augmenter sa participation dans Cedarcross Technologies à environ 75%, renforçant sa position dans l’infrastructure cloud IA. L’entreprise considère ces technologies émergentes comme des composants interconnectés essentiels pour le développement de l’IA de prochaine génération, en se concentrant sur la création de solutions accessibles, puissantes et transformantes.
Alset AI Ventures (TSXV:GPUS)(OTC:ALSCF) hat seine Investitionspolitik erweitert, um dezentralisierte KI, Quanten-KI, Quantencomputing und Kryptowährungs-Möglichkeiten einzuschließen. Das Unternehmen beabsichtigt, diese Technologien über sein Hauptportfolio-Unternehmen, Cedarcross International Technologies, zu nutzen, das mit Nvidia GPU betriebenen Infrastrukturen für das Training von KI-Modellen für KMU bereitstellt.
Alset AI hat kürzlich Pläne angekündigt, seinen Anteil an Cedarcross Technologies auf etwa 75% zu erhöhen, um seine Position im Bereich KI-Cloud-Infrastruktur zu stärken. Das Unternehmen betrachtet diese aufkommenden Technologien als miteinander verbundene Komponenten, die für die Entwicklung der nächsten Generation von KI unerlässlich sind, und konzentriert sich darauf, zugängliche, leistungsstarke und transformative Lösungen zu schaffen.
Positive
- Planned increase in ownership stake of Cedarcross Technologies to 75%, strengthening control over AI infrastructure assets
- Strategic expansion into high-growth markets including decentralized AI, quantum computing, and cryptocurrency
- Existing infrastructure through Cedarcross Technologies provides immediate capability to integrate new technologies
VANCOUVER, BC / ACCESSWIRE / December 23, 2024 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC:ALSCF)(FSE:1R60, WKN:A3ESVQ) (“Alset AI” or the “Company”) an artificial intelligence (AI) venture company advancing innovation through strategic investment and cloud computing solutions, announces that it has updated its investment policy to also specifically contemplate investments in decentralized AI, quantum AI, quantum computing, and cryptocurrency opportunities. This expansion highlights the Company’s dedication to advancing innovation where these revolutionary technologies converge.
As the demand for decentralized and quantum AI applications accelerates, the need for powerful and specialized computing infrastructure has become paramount. Decentralized AI enables secure, transparent ecosystems powered by blockchain, while cryptocurrencies provide essential tools for decentralized governance and tokenized incentives. Quantum AI leverages quantum computing to tackle complex challenges, unlocking possibilities far beyond the scope of traditional AI models. Quantum computing, in turn, provides the foundational infrastructure required to process and analyze unprecedented levels of data.
Bridging the Gap Between Emerging Technologies
Alset AI is uniquely positioned to identify new investment opportunities in emerging sectors, and has the potential to integrate these opportunities through Cedarcross International Technologies Inc. (“Cedarcross Technologies“), its flagship portfolio company which operates in the AI high-performance computing (HPC) sector. Cedarcross Technologies offers small and medium enterprises (SMEs) access to Nvidia GPU-powered infrastructure for AI model training and deployment. Alset AI recently announced its intention to acquire majority ownership of Cedarcross Technologies that will increase its equity interest to approximately
Growing Market Opportunities
The global decentralized AI market is projected to experience exponential growth1, driven by advancements in blockchain, edge computing, and privacy-preserving technologies. Similarly, quantum AI and quantum computing are poised to revolutionize industries by solving computational challenges previously considered intractable2. Cryptocurrencies continue to underpin these advancements by offering secure and scalable financial systems essential for decentralized innovation. Additionally, they present an opportunity for companies to diversify their balance sheets, providing a hedge against traditional financial instruments.
“Our updated investment policy reflects Alset AI’s dedication to staying ahead of market trends and delivering long-term value to our investors and stakeholders,” Ingrao added. “We see decentralized AI, quantum AI, quantum computing, and cryptocurrency not just as individual opportunities but as interconnected imperatives to ensure the next generation of AI is accessible, powerful, and transformative.”
On behalf of Alset AI Ventures Inc.
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“Adam Ingrao“
Adam Ingrao
Chief Executive Officer
About Alset AI Ventures Inc.
Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high-potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.
For further information about Alset AI Ventures Inc., please contact:
Adam Ingrao, Chief Executive Officer
T: 778.223.8853
E: [email protected]
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Disclaimer for Forward-Looking Information
This news release contains forward-looking statements within the meaning of applicable Canadian securities legislation. Forward-looking statements are identifiable by words such as “anticipates,” “expects,” “believes,” “intends,” “plans,” “forecasts,” “may,” “will,” “could,” “should,” or similar expressions. These statements include, but are not limited to, statements regarding the Company’s updated investment policy, its ability to identify and capitalize on opportunities in decentralized AI, quantum AI, quantum computing, and cryptocurrency, the anticipated acquisition of a majority interest in Cedarcross Technologies, the role of Cedarcross in providing scalable cloud computing solutions, and the projected growth and impact of decentralized and quantum AI technologies. These forward-looking statements are based on the Company’s current expectations, estimates, and assumptions, including assumptions about: the successful implementation of its updated investment policy; the ability of Cedarcross Technologies to scale and meet the infrastructure demands of decentralized and quantum AI; the continued growth and adoption of decentralized AI, quantum AI, and cryptocurrency markets; and the Company’s ability to execute its strategic initiatives. Forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. Key factors that could cause actual results to differ materially include, but are not limited to: challenges in completing the acquisition of Cedarcross Technologies; difficulties in scaling Cedarcross’ operations or adapting to technological advancements; shifts in market demand for decentralized AI, quantum AI, and cryptocurrency solutions; regulatory changes; economic and market volatility; and other risks detailed in the Company’s filings with Canadian securities regulators. Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update or revise any forward-looking statements to reflect new information, future events, or otherwise, except as required by law. Investors are cautioned not to place undue reliance on forward-looking statements, as actual results may differ materially from those expressed or implied herein.
SOURCE: Alset AI Ventures Inc.
View the original press release on accesswire.com
FAQ
What new investment areas has Alset AI (ALSCF) added to its investment policy?
Alset AI has expanded its investment policy to include decentralized AI, quantum AI, quantum computing, and cryptocurrency opportunities.
What percentage ownership will Alset AI have in Cedarcross Technologies after the planned acquisition?
Upon closing of the planned acquisition, Alset AI will increase its equity interest in Cedarcross Technologies to approximately 75%.
How does Cedarcross Technologies support Alset AI’s (ALSCF) business model?
Cedarcross Technologies operates in the AI high-performance computing sector, providing SMEs with access to Nvidia GPU-powered infrastructure for AI model training and deployment.
What is the strategic rationale behind Alset AI’s (ALSCF) investment policy expansion?
The expansion aims to capitalize on the convergence of decentralized AI, quantum computing, and cryptocurrency technologies, positioning the company to advance innovation in these high-growth markets.
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