Alset AI's Lyken.AI Signs Formal Cloud Compute Services Contract with Leading Multinational Technology and Telecommunications Company, Commences Service Delivery
Core Insights - Alset AI Ventures Inc. is focused on advancing innovation through strategic investments and cloud computing solutions [1] - Cedarcross Technologies Inc., operating under the brand Lyken.AI, has secured a purchase order for cloud compute services with a leading multinational technology and telecommunications company [1] - The formal contract for the purchase order was executed on February 6, 2026, following the initial announcement on February 3, 2026 [1] Financial Impact - The expected annualized recurring revenue from this contract is projected to be $1 million [1]