As the world races towards a clean energy future, an unexpected player is making waves in the market: uranium. Once overshadowed by renewables, nuclear power is experiencing a renaissance, driven by the need for reliable, carbon-free baseload energy. This week, we dive into the resurgence of uranium and its potential
As we enter the second half of 2024, the global energy landscape continues to evolve at a rapid pace. The push towards sustainable energy solutions is gaining momentum, with electric vehicles and nuclear power taking center stage. However, this transition is not without its challenges, as supply chain constraints in
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,
Nuclear Energy: A(I) Bright Future Welcome to Financial Gambits, your trusted source for cutting-edge financial insights and updates. In this edition, we delve into the dynamic interplay between AI advancements, the nuclear energy resurgence, and the promising opportunities in strategic metals. Stay informed and ahead of the curve with
Alset Capital Inc. Makes Strides with Exciting Corporate and Operational Milestones! Alset Capital Inc. is making headlines with its recent listing on the OTC market under the ticker symbol ALSCF, a strategic move designed to enhance visibility and accessibility for U.S. investors. The company has also achieved remarkable progress
uranium
The uranium market is poised for a significant upturn in 2024, driven by a combination of robust demand growth, tightening supply, and geopolitical factors.
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 Servers are used in “transformational AI Training”, offering up to “7x higher performance
This week, we spotlight Alset Capital's strategic moves to broaden its investor base in the United States, highlighting a broader trend of significant investment and innovation in AI infrastructure. From CoreWeave's remarkable valuation surge to Apple's privacy-centric AI advancements, our coverage spans key industry
Alset Capital Inc. has just entered a significant phase with a $5.5 million AI compute leasing agreement, secured through its investee, Cedarcross Technologies. This two-year deal not only boosts Cedarcross's capabilities in the burgeoning field of artificial intelligence but also positions Alset Capital at the forefront of
News Release Highlights: * Cedarcross Technologies, Alset investee company, has entered into a distribution agreement with Earthmade Computer, an Authorized Distributor of Super Micro Computer, to provide AI companies with access to Nvidia H100 servers * Cedarcross Technologies achieves significant milestone closing its first distribution transaction with Ceti AI for total revenue
Here's a few thing you might have missed this week! This week, we've got exciting developments from the AI chip market to the resurgence of nuclear power, and the skyrocketing price of gold, we've got you covered. AI Chip Market Alset Capital Inc. Announces
Alset Capital Announces Investee Company Cedarcross Enters into Supply Agreement to Purchase Nvidia AI Computing Hardware from Earthmade Computer Inc., an Authorized Distributor of Super Micro Computer, Inc. VANCOUVER, British Columbia – April 4, 2024 – Alset Capital Inc. (TSXV:KSUM) (FSE:1R60, WKN:A3ESVQ) ("Alset" or the "Company&
