August 26, 2025 — Leads & Copy — Alset AI Ventures Inc. (TSXV:GPUS)(OTC:GPUSF)(FSE:1R60, WKN:A3ESVQ) has formed a strategic alliance with CHIP Datacentres Inc. to collaborate on commercial deployment and infrastructure development, addressing the increasing demand from enterprise AI clients.
Under a memorandum of understanding, Alset AI will partner with CHIP to support AI infrastructure deployment and serve as a value-added channel through its Lyken.AI cloud compute platform. Alset AI has made a strategic investment into CHIP’s Waterloo-based data center, which is currently building out approximately 2MW of power capacity in its initial phase.
The partnership will focus on joint go-to-market efforts, revenue-generating collaboration on AI rack space and cloud services, cross-selling through Lyken.AI, and co-branded offerings for high-demand workloads and partners. CHIP management has relationships with over 60 global technology firms, representing over 800MW of AI-focused infrastructure demand.
Adam Ingrao, CEO of Alset AI, stated that this partnership is a strategic step in combining future best-in-class infrastructure with their compute platform, providing a scalable foundation to meet the surging demand for AI compute and deliver end-to-end compute solutions.
CHIP’s Waterloo site is optimized for GPU servers like NVIDIA H100 and A100 and supports advanced cooling and efficient scaling.
Adam Ingrao, Chief Executive Officer, T: 236.312.6744, E: ir@alsetai.com
Source: Alset AI Ventures Inc.
