The News
Alset Capital's investee, Cedarcross International Technologies, has signed a Supply Agreement with Earthmade Computer Inc. to purchase Nvidia AI computing hardware through Super Micro Computer, Inc.
Why It Matters
This agreement enhances Cedarcross's access to advanced AI computing resources, which is critical for developing and deploying AI technologies. The acquisition of Nvidia GPUs is particularly significant as they are pivotal in training and running AI models, potentially accelerating Cedarcross's capabilities in the competitive AI landscape.
Key Evidence
The information is sourced from an official announcement by Alset Capital, reported by 4-traders, indicating a reliable reporting channel.
Source
4-traders
EN source · Published Apr 4, 2024