This press release revises and replaces the press release dated September 29, 2025 with respect to the subject matter disclosed herein. This press release is issued pursuant to Multilateral Instrument 62-104 - Take-Over Bids and Issuer Bids and National Instrument 62-103 - The Early Warning System and Related Take-Over Bid and Insider Reporting Issuers ("NI 62-103"). TORONTO, ONTARIO / ACCESS Newswire / October 1, 2025 / On September 26, 2025, Mr. Randy Gilling (the "Acquiror") acquired an aggregate of 1,807,153 common shares (each, a "Common Share") in the capital of Alset AI Ventures Inc. (the "Company") (TSXV:GPUS) at a price of $0.13 per Common Share for aggregate consideration paid of $234,929.89 (collectively, the "Acquisitions").