on Alset Capital Inc. (isin : CA02115L2003)
Alset AI Investment in Blueprint AI to Enhance Real Estate AI Solutions
Alset AI Ventures Inc., a prominent AI venture company, has announced a strategic investment in Blueprint AI Technologies Inc., a Vancouver-based developer of AI solutions for the real estate industry. The investment aims to enhance Alset AI's portfolio and aligns with its strategy to leverage cloud computing solutions for innovative AI outcomes.
Blueprint AI's technology targets inefficiencies in architectural review and building code compliance. By automating these labor-intensive processes, the platform improves accuracy and reduces costs. Alset AI and Blueprint AI are exploring partnerships with Cedarcross Technologies to become the exclusive cloud compute provider.
The deal sees Alset AI acquiring an 11.56% stake in Blueprint AI, with further investment possibilities. Alset AI will also serve as a strategic advisor, appointing its CEO as a Board Observer. This investment could solve significant industry challenges and drive growth opportunities.
R. P.
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