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on Alset Capital Inc. (isin : CA02115L2003)

Alset Capital Inc. Announces Strategic Partnership with NOM NOM AI Inc.

VANCOUVER, BC / ACCESSWIRE / May 21, 2024 / Alset Capital Inc. (TSXV:KSUM)(OTC:ALSCF)(FSE:1R60, WKN:A3ESVQ) has announced a strategic AI data engineering and automation partnership between its investee company, Vertex AI Ventures Inc., and Nom Nom AI Inc. This partnership is established under a Master Services Agreement signed on May 20, 2024.

Vertex AI Ventures Inc., led by Niko Kontogiannis, focuses on providing data management tools to enhance business intelligence and innovation. The partnership will integrate Nom Nom's data management technology to improve Vertex's service offerings.

Nam Nguyen, CEO of Nom Nom, emphasized the collaboration's potential to advance data engineering, security, and AI optimization. The joint effort aims to deliver significant value through enhanced data quality, security, and infrastructure performance.

The partnership is expected to bring multiple benefits, including improved data observability, machine performance optimization, and real-time analytics, particularly for clients using Alset's AI computing infrastructure.

R. H.

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