Alset AI Provides Update on Majority Acquisition of Cedarcross Technologies and Commentary on DeepSeek AI
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Alset AI Ventures Inc. is in the final stages of acquiring a 26% stake in Cedarcross Technologies, pending TSX Venture Exchange approval.
January 30, 2025 | 12:15 pm
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Alset AI Ventures is finalizing its acquisition of a 26% stake in Cedarcross Technologies, which could enhance its AI cloud computing capabilities.
The acquisition of a significant stake in Cedarcross Technologies is likely to strengthen Alset AI's position in the AI cloud computing sector, potentially leading to positive investor sentiment and a short-term stock price increase.
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