Alset AI Partners with CHIP Datacentres for AI Infrastructure Expansion

Alset AI has formed a strategic alliance with CHIP Datacentres to commercialize and develop AI infrastructure. The partnership will involve joint marketing efforts, revenue-generating collaborations, and cross-selling opportunities. Alset AI has invested in CHIP's Waterloo-based data center, which is currently building out 2MW of power capacity. The partnership aims to serve growing demand from enterprise AI clients and position Alset AI for substantial growth in the AI-focused venture capital platform.

Alset AI Ventures (OTC: GPUSF) has entered into a strategic alliance with CHIP Datacentres to commercialize and develop AI infrastructure. The partnership involves joint marketing efforts, revenue-generating collaborations, and cross-selling opportunities. Alset AI has invested in CHIP's Waterloo-based data center, which is currently building out 2MW of power capacity [1].

The alliance aims to serve growing demand from enterprise AI clients and position Alset AI for substantial growth in the AI-focused venture capital platform. CHIP's Waterloo facility is specifically designed for GPU servers like NVIDIA H100 and A100, featuring advanced cooling, deeper racks, and efficient scaling capabilities. This makes it a purpose-built hub for modern AI compute [1].

According to Adam Ingrao, CEO of Alset AI, "This is a strategic step in bringing future best-in-class infrastructure together with our compute platform. 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" [1].

CHIP Datacentres brings relationships with over 60 global technology firms representing 800MW of AI infrastructure demand. This partnership will leverage CHIP's enterprise relationships to drive revenue-generating collaborations and cross-selling opportunities through Lyken.AI, Alset AI's cloud compute platform [1].

The AI hardware market is expected to grow significantly, supporting the growth of companies like NVIDIA, which has seen robust adoption of its AI chips in data centers. NVIDIA's data center business has emerged as a significant growth engine, with revenues surging by 73.3% year-over-year and 9.9% sequentially to $39.1 billion in fiscal 2026 [2].

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 [1].

References:

[1] https://www.stocktitan.net/news/GPUSF/alset-ai-forms-strategic-alliance-with-chip-datacentres-and-invests-73tqbzvutcvt.html
[2] https://www.ainvest.com/news/nvidia-ai-boom-gold-rush-data-center-infrastructure-2508/