Category Business
Press Release
Alset Capital Inc. Announces AI GPU Contract with a $91.7M Option Signed by Investee Company Cedarcross
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 News Release Highlights: Alset investee Cedarcross signs Nvidia H100 GPU server contract for an initial three (3) servers (for a purchase price of $1.37 million), with the customer having an option to acquire an additional 200 servers (for a purchase price of $91.7 million) valid until September 30, 2024. Cedarcross achieves approx. $29.7 million cumulative revenue year to date with its high-performance computing ("HPC") server distribution business vertical alone. Nvidia's H100 GPU Servers are used in "Transformational AI Training", offering up to "7x higher performance for High Performance Computing applications."1 Read More
Press Release
Fragrance Creators Names E. Janset Batibay as Director of Communications and Media Relations
Batibay will lead the association's education efforts across a multitude of audiences with focus on the science, innovation, and creative artistry that underpin the fragrance industry Read More
Press Release
AppZen and Lyndon Group Forge Transformative Partnership to Streamline Expense Audit Solutions
AppZen, a leader in artificial intelligence (AI) solutions for business process automation, is delighted to announce a groundbreaking partnership with finance and employee spend management consultancy, Lyndon Group. This union marks a strategic collaboration that will radically enhance expense audit procedures for mutual clients. Read More
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