Welcome to our dedicated page for Alset AI Ventures news (Ticker: ALSCF), a resource for investors and traders seeking the latest updates and insights on Alset AI Ventures stock.
Alset AI Ventures Inc (ALSCF) is a strategic investment firm focused on advancing artificial intelligence infrastructure and cloud computing solutions. This page serves as the definitive source for all official company announcements, press releases, and market-moving developments.
Investors and industry observers will find timely updates on ALSCF's strategic investments in high-performance computing, cloud infrastructure partnerships, and emerging technologies like decentralized AI ecosystems. The curated news collection provides insights into the company's portfolio growth, including updates from Cedarcross Technologies and other key ventures.
Key content includes earnings announcements, technology partnerships, token acquisition strategies, and operational milestones across quantum computing and AI infrastructure sectors. All updates are sourced directly from company communications to ensure accuracy and compliance with disclosure standards.
Bookmark this page for streamlined access to ALSCF's latest strategic moves in democratizing advanced computing resources. Check regularly for updates on how the company navigates opportunities in AI hardware distribution, cloud service innovations, and next-generation technology investments.
Alset AI Ventures (TSXV:GPUS, OTC:GPUSF) has announced its acceptance into the NVIDIA Inception VC Alliance, a prestigious initiative connecting venture capital firms with over 22,000 startups focused on AI, data science, and high-performance computing.
As a VC Alliance member, Alset gains access to exclusive resources including:
- NVIDIA Deep Learning Institute training
- Priority access to other startups in the alliance
- Direct engagement with NVIDIA's Inception & Investments team
- Co-innovation opportunities within NVIDIA's AI infrastructure
The membership provides Alset with access to cutting-edge technology, preferred pricing, NVIDIA experts, and business unit executives. Additionally, the alliance offers co-marketing support, ecosystem introductions, market analysis, and exclusive forums with NVIDIA leadership.
Alset AI Ventures Inc. (TSXV:GPUS, OTC:ALSCF, FSE:1R60) has announced the filing of its management-prepared interim financial statements for the quarter ending December 31, 2024. The filing includes related management's discussion and analysis (MD&A) and executive certifications.
The company, which focuses on AI innovation through strategic investment and cloud computing solutions, expects the British Columbia Securities Commission to revoke its management cease trade order (MCTO). The MCTO was previously imposed due to delays in filing required audited annual financial statements and MD&A. With the completion of interim filings, management trading restrictions are anticipated to be lifted.
Alset AI Ventures, an artificial intelligence venture company focused on strategic investment and cloud computing solutions, has announced a change in its OTC Markets trading symbol from ALSCF to GPUSF, effective March 20, 2025.
The company's shares will maintain their existing symbols on other exchanges, continuing to trade as GPUS on the TSXV and as 1R60 on the Frankfurt Stock Exchange (FSE). Shareholders are not required to take any action regarding this ticker change, as the Company's CUSIP and ISIN numbers remain unchanged on the OTC Markets.
Alset AI Ventures (TSXV:GPUS)(OTC:ALSCF)(FSE:1R60) has announced the filing of its annual audited financial statements for the fiscal year ended September 30, 2024. The filing, completed on March 12, 2025, includes the management's discussion and analysis, along with CEO and CFO certifications. This announcement follows the company's previous news release dated January 29, 2025.
Alset AI Ventures (TSXV:GPUS, OTC:ALSCF) has successfully completed its previously announced debt settlement transaction. The company settled debts totaling $160,697.64 through the issuance of:
- 788,330 common shares
- 640,092 debt settlement units
Each unit and share is priced at $0.1125. The debt settlement units include one share and one warrant, with each warrant exercisable at $0.15 per share for two years. Related parties received 788,330 debt shares, with securities subject to a hold period until June 28, 2025.
Alset AI Ventures (TSXV:GPUS, OTC:ALSCF) has signed a Memorandum of Understanding (MOU) with Henon Financial Technologies to establish a preferred cloud computing partnership. The agreement includes Alset AI's commitment to participate in Henon's upcoming capital raise, expected to close around March 31, 2025.
Through this partnership, Alset AI's cloud computing business will develop AI-driven solutions to support Henon's technological needs. Henon specializes in creating AI-driven software solutions for private equity and credit firms, making it a strategic fit for Alset AI's cloud infrastructure business.
The collaboration aims to strengthen Alset AI's presence in the fintech sector while providing Henon with reliable cloud compute and storage capabilities for their data-to-decision platform.
Alset AI Ventures (TSXV:GPUS)(OTC:ALSCF) has provided a bi-weekly status update regarding its Management Cease Trade Order (MCTO) granted by the British Columbia Securities Commission on January 29, 2025. The MCTO restricts the CEO and CFO from trading company securities until the company files its required annual financial documents for the year ended September 30, 2024.
The company expects to file the required documents, including audited financial statements, management discussion and analysis, and executive certifications, by March 11, 2025. The MCTO does not affect shareholders' ability to trade securities. Management confirms there have been no material changes or defaults beyond those previously disclosed, and they continue to work with auditors to complete the necessary filings.
Alset AI Ventures (ALSCF) has completed the acquisition of an additional 26% stake in Cedarcross Technologies, bringing its total ownership to approximately 75%. The acquisition, effective February 24, 2025, strengthens Alset's position in the AI cloud computing sector.
Cedarcross Technologies operates through two main verticals: AI HPC Leasing, providing SMEs access to Nvidia GPU-powered computing infrastructure, and AI HPC Hardware Distribution through a partnership with Earthmade Computer Corp., an authorized Super Micro distributor.
The transaction involved issuing 19,999,988 common shares at a deemed price of $0.075 per share, totaling approximately $1.5 million. The consideration shares are subject to a restricted period until June 25, 2025. The acquisition remains subject to final TSX Venture Exchange approval.
Alset AI Ventures (TSXV:GPUS)(OTC:ALSCF) has announced the release of its new corporate presentation and upcoming corporate website launch in Q1 2025. The presentation outlines the company's updated strategic vision, growth initiatives, and investment thesis, focusing on building an ecosystem for AI-driven innovation.
The company's strategy centers on three main areas: high-performance computing infrastructure, decentralized AI, and emerging AI-driven applications. According to CEO Adam Ingram, the new presentation reflects their intentional efforts to elevate marketing collateral while developing company strategy.
The upcoming corporate website, scheduled for Q1 2025, aims to enhance communication with investors, stakeholders, and industry partners. It will provide direct access to information about strategic initiatives, portfolio companies, and industry outlooks, supporting Alset AI's commitment to delivering long-term shareholder value.
Alset AI Ventures (TSXV:GPUS)(OTC:ALSCF) has provided an update regarding its Management Cease Trade Order (MCTO) status. The British Columbia Securities Commission granted the MCTO on January 29, 2025, restricting the CEO and CFO from trading company securities until required financial documents are filed.
The company must submit its annual audited financial statements for the year ended September 30, 2024, along with related management discussion, analysis, and certifications by March 31, 2025. Alset AI expects to file these documents by March 11, 2025. The MCTO does not affect regular shareholders' ability to trade securities.
The company confirms no material changes since the Default Announcement, maintaining compliance with alternative information reporting guidelines under NP 12-203. Bi-weekly status reports will continue until the required documents are filed.
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