on Alset Capital Inc. (isin : CA02115L2003)
Alset Capital Inc. Announces Name Change to Alset AI Ventures Inc. and Updated Investment Policy
Vancouver-based Alset Capital Inc. (TSXV:KSUM) (OTC PINK:ALSCF) (FSE:1R60) announced a corporate rebranding to Alset AI Ventures Inc. effective August 23, 2024. The new trading symbol on the TSX Venture Exchange will be "GPUS," while OTC Pink and Frankfurt Stock Exchange symbols remain unchanged.
Alset’s CEO, Morgan Good, stated that this rebranding reflects the company's intensified focus on the AI sector. The updated Investment Policy will prioritize investments in technology, particularly AI. The aim is to build a portfolio of companies offering AI services, software, GPU hardware, and data centers.
With this shift, Alset remains committed to supporting AI companies with breakthrough technologies and robust business models. The company will continue to invest in both early-stage startups and established ventures, offering financial and strategic guidance to foster growth in the AI ecosystem.
The updated Investment Policy aligns with Alset’s strategic goals and can be viewed on their website at alsetai.com.
R. H.
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