News Release Highlights:
Alset AI is poised to receive CAD$3.7 million plus interest from its portfolio company, Cedarcross, in repayment of a secured loan, strengthening Alset's balance sheet and enhancing its capacity to pursue additional artificial intelligence investments.
Alset AI's portfolio company Cedarcross secures an agreement to sell thirteen (13) Nvidia H100 HGX 8GPU servers to Ceti AI for an aggregate purchase price of approximately CAD$5,828,665.
Alset AI's portfolio company, Cedarcross, finalizes an amended two-year AI compute leasing agreement.
As Toronto's real estate market evolves, the demand for sustainable development continues to grow. Ladan Hosseinzadeh Sadeghi, President & CEO of Sky Property Group Inc., recognizes the need for a more thoughtful approach to urban growth-one that benefits both the environment and the community. While the concept of sustainability has gained widespread attention, Ladan is focused on how real estate developers can plan for the future by creating communities that emphasize long-term environmental responsibility.
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