Alset capital inc. investee company cedarcross technologies announces nvidia ai server agreement, and signs c$2.3 million first h100 server distribution transaction
News release highlights: cedarcross technologies, alset investee company, has entered into a distribution agreement with earthmade computer, an authorized distributor of super micro computer, to provide ai companies with access to nvidia h100 servers cedarcross technologies achieves significant milestone closing its first distribution transaction with ceti ai for total revenue consideration of cad$2.3 million vancouver, bc / accesswire / april 22, 2024 / alset capital inc. (tsxv:ksum)(fse:1r60, wkn:a3esvq)("alset" or the "company") is pleased to announce that its investee company, cedarcross international technologies inc. ("cedarcross technologies"), has signed a distribution agreement (the "agreement"), in addition to the supply agreement announced on april 4th, with coindigger dba earthmade computer corp. ("earthmade"). this agreement, in addition to the elements of the supply agreement, now also enables cedarcross technologies to distribute nvidia gpu high-performance computing (hpc) servers, and to receive assistance from earthmade in obtaining hardware allocation from super micro computer, inc. (nasdaq:smci) for the distribution of nvidia gpu servers.
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