Alset AI to Collaborate on Commercial Roll-Out and Infrastructure Development, Serving Growing Demand from Enterprise AI Clients
VANCOUVER, BC / ACCESS Newswire / August 26, 2025 / Alset AI Ventures Inc.(TSXV:GPUS)(OTC:GPUSF)(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 it has entered into a strategic alliance partnership with CHIP Datacentres Inc. ("CHIP"), a specialized developer of high-performance, AI-ready data centers, through the execution of a memorandum of understanding dated August 25, 2025 (the "MOU").
Under the MOU, Alset AI will partner with CHIP to support the commercial deployment of AI infrastructure, while serving as a value-added channel through its cloud compute platform, Lyken.AI. As part of the alliance, Alset AI has made a strategic investment into CHIP's Waterloo-based data center, currently building out power capacity of approximately 2MW in the initial build-out.
The partnership will involve:
Joint go-to-market efforts to serve enterprise AI and GPU compute clients;
Revenue-generating collaboration on AI rack space and cloud services;
Cross-selling and referral opportunities through Lyken.AI; and
Co-branded offerings to target high-demand workloads and partners.
CHIP management has deep enterprise relationships with over 60 global technology firms, representing an aggregated demand of over 800MW of AI-focused infrastructure.
"This is a strategic step in bringing future best-in-class infrastructure together with our compute platform," said Adam Ingrao, CEO of Alset AI. "Access to reliable Canadian power capacity is essential as demand for AI compute continues to surge, and this partnership with CHIP will provide us with a scalable foundation to meet that need. By securing a foothold in a high-growth facility already attracting global interest, we are positioning Alset AI to execute on its long-term strategy of building out AI infrastructure that can scale rapidly. This enables us to deliver end-to-end compute solutions not only across Canada, but also into global markets where sustainable and cost-efficient power is a critical competitive advantage."
With a modular, rapid-deployment model, CHIP's Waterloo site is optimized for GPU servers like NVIDIA H100 and A100, and supports advanced cooling, deeper racks, and efficient scaling-positioning it as a purpose-built hub for modern AI compute.
About Alset AI Ventures Inc.
Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high-potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.
For further information about Alset AI Ventures Inc., please contact:
Investor Relations
Adam Ingrao
Chief Executive Officer
T: 236.312.6744
E: ir@alsetai.com
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note regarding Forward Looking Statements
This press release may contain certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") regarding the Company and its partnership with CHIP, including the partnerships' plan to support the commercial deployment of AI infrastructure, serving as a value-added channel for CHIP, building best-in-class infrastructure with CHIP, demand for AI, and the Company's long-term strategies, including in global markets. Forward-looking statements may also include the Company's efforts to integrate future best-in-class infrastructure with its compute platform, the anticipated growth in demand for AI compute and the ability of the partnership to help the Company meet this demand, and the Company's ability to execute on its long-term strategy to rapidly scale AI infrastructure and deliver end-to-end compute solutions globally. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "future", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this press release. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Alset AI's business. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, and unforeseen events and developments. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. Many of these factors are beyond the control of Alset AI. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof, and Alset AI undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company's business are more fully discussed under the heading "Risks and Uncertainties" in its most recent Management's Discussion and Analysis and other disclosure documents available on SEDAR+ at www.sedarplus.ca.
SOURCE: Alset AI Ventures Inc.
View the original press release on ACCESS Newswire:
https://www.accessnewswire.com/newsroom/en/business-and-professional-services/alset-ai-forms-strategic-alliance-with-chip-datacentres-and-inve-1065316
