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Alset AI Forms Strategic Alliance with CHIP Datacentres and Invests in AI Infrastructure Expansion
August 26, 2025
Alset AI to Collaborate on Commercial Roll-Out and Infrastructure Development, Serving Growing Demand from Enterprise AI Clients
VANCOUVER, BC / ACCESS Newswire / August 26, 2025 / Alset AI Ventures Inc.(TSXV:GPUS)(OTC:GPUSF)(FSE:1R60, WKN:A3ESVQ)("Alset AI" or the "Company") an artificial intelligence ("AI") venture company advancing innovation through strategic investment and cloud computing solutions, is pleased to announce it has entered into a strategic alliance partnership with CHIP Datacentres Inc. ("CHIP"), a specialized developer of high-performance, AI-ready data centers, through the execution of a memorandum of understanding dated August 25, 2025 (the "MOU").
Under the MOU, Alset AI will partner with CHIP to support the commercial deployment of AI infrastructure, while serving as a value-added channel through its cloud compute platform, Lyken.AI. As part of the alliance, Alset AI has made a strategic investment into CHIP's Waterloo-based data center, currently building out power capacity of approximately 2MW in the initial build-out.
The partnership will involve:
• Joint go-to-market efforts to serve enterprise AI and GPU compute clients;
• Revenue-generating collaboration on AI rack space and cloud services;
• Cross-selling and referral opportunities through Lyken.AI; and
• Co-branded offerings to target high-demand workloads and partners.
CHIP management has deep enterprise relationships with over 60 global technology firms, representing an aggregated demand of over 800MW of AI-focused infrastructure.
"This is a strategic step in bringing future best-in-class infrastructure together with our compute platform," said Adam Ingrao, CEO of Alset AI. "Access to reliable Canadian power capacity is essential as demand for AI compute continues to surge, and this partnership with CHIP will provide us with a scalable foundation to meet that need. By securing a foothold in a high-growth facility already attracting global interest, we are positioning Alset AI to execute on its long-term strategy of building out AI infrastructure that can scale rapidly. This enables us to deliver end-to-end compute solutions not only across Canada, but also into global markets where sustainable and cost-efficient power is a critical competitive advantage."
With a modular, rapid-deployment model, CHIP's Waterloo site is optimized for GPU servers like NVIDIA H100 and A100, and supports advanced cooling, deeper racks, and efficient scaling-positioning it as a purpose-built hub for modern AI compute.
About Alset AI Ventures Inc.
Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high-potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.
For further information about Alset AI Ventures Inc., please contact:
Investor Relations
Adam Ingrao
Chief Executive Officer
T: 236.312.6744
E: ir@alsetai.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
https://markets.financialcontent.com/stocks/article/accwirecq-2025-8-26-alset-ai-forms-strategic-alliance-with-chip-datacentres-and-invests-in-ai-infrastructure-expansion
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Alset AI Welcomes Lisa Baird and Vijay Mony to the Board of Directors, Reports Results of Annual and Special Meeting of Shareholder
August 27, 2025
VANCOUVER, BC / ACCESS Newswire / August 27, 2025 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC:GPUSF)(WKN:A40M0J, SYM:1R6)("Alset AI" or the "Company") an artificial intelligence ("AI") venture company advancing innovation through strategic investment and cloud computing solutions, is pleased to announce that, following the conclusion of its annual and special meeting of shareholders (the "AGM") held on August 26, 2025, Lisa Baird and Vijay Mony have been formally appointed to the Company's board of directors (the "Board"). In addition to the new appointments, the Board continues to include Jack Huang, Zelong (Roger) He, and Adam Ingrao, who were each re-appointed at the AGM.
"We are thrilled to welcome Lisa and Vijay to the Board," said Adam Ingrao, Chief Executive Officer of Alset AI. "Their deep leadership experience and strategic vision will be instrumental as we continue to scale our AI infrastructure platform and execute on growth opportunities. Both bring diverse expertise that will help guide Alset AI through its next exciting chapter."
Lisa Baird
Lisa Baird is the President and Chief Executive Officer of NextUp, the leading non-profit member association providing leadership development, resources, and programming for business executives Lisa currently serves on the board of Cantaloupe (NASDAQ:CTLP), a leading provider of technology for self-serve commerce. Her previous board service includes Fox Racing (acquired by Vista Outdoor), GK Elite (owned by Riverside Company), the International Hall of Fame of Tennis, and the Women's Sports Foundation. Before her current role, Lisa held leadership positions at National Women's Soccer League), the United States Olympic and Paralympic Committee, the National Football League, IBM and General Motors. Lisa is a graduate of Schreyer Honors College at Pennsylvania State University and holds an MBA from the Smeal Business School.
Vijay Mony
Vijay Mony is the Founder and Managing Partner at Woodson Equity, bringing a wealth of strategic, financial, and operational experience from some of the most respected Private Equity firms in North America. Before founding Woodson Equity, Vijay held leadership roles at OpenGate Capital, Cerberus Capital Management, and built a strong foundation with earlier positions at Accenture, Alvarez & Marsal, and Ford Motor Company.
Mr. Mony holds a B.A. from Michigan State University and has a longstanding history of driving value creation across a range of industries.
Shareholder Voting Results
In addition to the election of the directors of the Board, shareholders of Alset AI approved all matters presented at the AGM, including the re-appointment of Davidson & Company LLP as auditor of the Company, and certain amendments to the Company's equity incentive plan, which remains subject to final approval of the TSX Venture Exchange.
The Company thanks its shareholders for their continued support.
About Alset AI Ventures Inc.
Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high-potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.
For further information about Alset AI Ventures Inc., please contact:
Investor Relations
Adam Ingrao
Chief Executive Officer
T: 236.312.6744
E: ir@alsetai.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
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CEO on Linkedin
Julie McClure
Founder, President, CEO | Venture Investor | Board Advisor | Ex-Morgan Stanley | Wellness & Consumer Industry Expert
PresidentPresident
Alset AI VenturesAlset AI Ventures Oct 2024 - Present · 11 mosOct 2024 to Present · 11 mos Toronto, Ontario, CanadaToronto, Ontario, Canada
Alset is a pioneering AI and cloud computing investment firm, committed to nurturing high-potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth. Learn more at https://alsetai.com
https://www.accessnewswire.com/940340/alset-ai-appoints-wall-street-veteran-and-venture-executive-as-president
https://www.linkedin.com/in/juliekmcclure/?originalSubdomain=ca
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GPUSF Security Details Share Structure
Market Cap | 12,823,250 | 08/26/2025
Authorized Shares | Not Available | 08/26/2025
Outstanding Shares | 155,057,433 | 08/26/2025
https://www.otcmarkets.com/stock/GPUSF/security
$GPUSF