on Alset AI Ventures Inc. (isin : CA02115L2003)
Alset AI Ventures Initiates Acquisition of Decentralized AI Tokens
Alset AI Ventures Inc., a prominent AI venture company, has launched a strategic initiative to acquire tokens from decentralized AI ecosystems. This effort aligns with Alset AI's ongoing strategy to advance AI high-performance computing solutions, particularly through its investment in Cedarcross International Technologies Inc.
The initiative aims to bolster Alset AI's role in the governance, development, and expansion of decentralized AI technologies. Token selection will focus on those supporting interoperability and high-performance computation within AI ecosystems, utilizing advanced infrastructure like graphic processing units (GPUs).
Future plans include involvement in decentralized AI networks, offering unique datasets and computing power, exploring collaborations with blockchain projects, and evaluating token-based incentives for Alset AI and its portfolio companies. CEO Adam Ingrao regards this move as a step toward democratizing AI computing infrastructure.
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