Alset Capital Inc. has announced a strategic partnership with Nom Nom AI Inc., a leader in AI data engineering and automation, through its investee company Vertex AI Ventures Inc. The partnership aims to drive innovation and efficiency in data management and AI services. Alset Capital has also formed an artificial intelligence advisory board, appointing Willy Sun and Michael Gord as key members. The advisory board will provide strategic guidance and oversight on the company's AI initiatives. Willy Sun brings expertise in AI research and development, while Michael Gord has experience in Web 3.0 and digital assets. The advisory board will play a crucial role in driving innovation and efficiency in data management and AI services, further solidifying Alset Capital's position as a leader in AI computing infrastructure and data management solutions [54630f57].
Meanwhile, Cambridge-based startup CuspAI, advised by Geoffrey Hinton, known as the 'godfather of AI,' has raised £24m ($30m) in funding. CuspAI is developing an AI search engine for users to request specific properties for new materials. The company believes AI-designed materials will have a major impact on carbon capture and storage. The investment round was led by Hoxton Ventures and included participation from Basis Set Ventures, Lightspeed Venture Partners, LocalGlobe, Northzone, Touring Capital, Giant Ventures, FJ Labs, Tiferes Ventures, and Zero Prime Ventures [0a626988].