Tagged nvidia
Alset AI Announces MOU for Preferred Cloud Computing Partnership and Strategic Investment in Henon Financial Technologies
Companies to Formalize Cloud Partnership as Alset AI Commits Initial Investment
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Read MoreAlset AI Completes Majority Acquisition of AI Cloud Computing Company Cedarcross Technologies
Strengthening AI Infrastructure Leadership Amidst Increasing Global Demand for High-Performance Computing
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Alset AI Provides Corporate and Operational Update
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.
Alset Capital Inc. Announces AI GPU Contract with a $91.7M Option Signed by Investee Company Cedarcross
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News Release Highlights:
- Alset investee Cedarcross signs Nvidia H100 GPU server contract for an initial three (3) servers (for a purchase price of $1.37 million), with the customer having an option to acquire an additional 200 servers (for a purchase price of $91.7 million) valid until September 30, 2024.
- Cedarcross achieves approx. $29.7 million cumulative revenue year to date with its high-performance computing ("HPC") server distribution business vertical alone.
- Nvidia's H100 GPU Servers are used in "Transformational AI Training", offering up to "7x higher performance for High Performance Computing applications."1
Alset Capital Inc. Announces Formation of Artificial Intelligence Advisory Board and Appointments of Former Google, Panasonic, Huawei AI Executive and Web 3.0 Pioneer
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Read MoreAlset Capital Inc. Announces Strategic Partnership with AI Data Engineering and Automation Pioneer, NOM NOM AI Inc. by Investee Company Vertex AI Ventures Inc.
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Read MoreAlset Capital Inc. Closes Final Tranche of Previously Announced Non-Brokered Private Placement
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Read MoreAlset Capital Inc. Announces $26 Million H100 Server Contract by Investee Company Cedarcross
NOT FOR DISTRIBUTION TO UNITED STATES NEWSWIRE SERVICES OR FOR RELEASE, PUBLICATION, DISTRIBUTION OR DISSEMINATION, DIRECTLY OR INDIRECTLY, IN WHOLE OR IN PART, IN OR INTO THE UNITED STATES
News Release Highlights:
- Alset investee, Cedarcross signs $26 million Nvidia H100 GPU server contract.
- Cedarcross achieves approx. $28 million cumulative revenue year to date with its high-performance computing ("HPC") server distribution business vertical alone.
- Nvidia's H100 GPU Servers are used in "Transformational AI Training", offering up to "7x higher performance for High Performance Computing applications."1
Kondux Web3 Design Lab Joins NVIDIA Inception
Kondux is a Web3 design lab for artists, brands, and manufacturers. Our mission is to create custom-fit SaaS solutions by combining advanced API pipelines with secured technologies. Bridging creativity and blockchain technology together with NFTs, 3D NFT Marketplaces, AR/VR/XR Environments, Metaverse Design, Manufacturing Models, and Gaming Experiences. Read More
DefinedCrowd Addresses Data Quality Challenge as Global Pandemic Accelerates Demand for Bias-Free Artificial Intelligence, Boosts Access via NVIDIA NGC
The Seattle-based company is expanding its Data Marketplace, complemented by detailed metadata, broadening dataset access through the NVIDIA NGC catalog, and adding new subscription plans Read More
Live Planet's Industry Changing VR System Now Shipping, Empowering Anyone to Expand the Boundaries of VR With Integrated Capture and Delivery of Immersive VR Video
Stereoscopic Camera Stitches Perfect VR in Real Time Paired with a Powerful Cloud and Apps, A Quantum Leap Forward for VR Industry Read More
