Alset Capital, Inc. (TSE:KSUM) has released an update.
Alset Capital’s investee, Cedarcross Technologies, has secured a lucrative deal with Earthmade Computer to distribute powerful Nvidia AI servers, signaling a major step forward with a CAD$2.3 million sale to Ceti AI. This agreement not only marks a significant revenue milestone for Cedarcross but also establishes a new business vertical in high-performance computing server distribution. The partnership promises competitive pricing and swift delivery times for the in-demand Nvidia H100 servers, catering to the growing AI and tech infrastructure markets.
For further insights into TSE:KSUM stock, check out TipRanks’ Stock Analysis page.