Alset ai announces mou for preferred cloud computing partnership and strategic investment in henon financial technologies
Companies to formalize cloud partnership as alset ai commits initial investment not for distribution to united states newswire services or for release, publication, distribution or dissemination, directly or indirectly, in whole or in part, in or into the united states vancouver, bc / access newswire / february 27, 2025 / alset ai ventures inc. (tsxv:gpus)(otc:alscf)(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 that it has entered into a memorandum of understanding (the "mou") with henon financial technologies inc. ("henon") to establish a preferred cloud compute partnership. in alignment with the preferred cloud compute partnership, alset ai has committed to making a capital investment in the company by participating in henon's upcoming capital raise, which henon expects to close on or about march 31, 2025.
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