VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / January 27, 2026 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC:GPUSF)(FSE:1R60, WKN:A40M0J) ("Alset AI" or the "Company"), an artificial intelligence ("AI") venture company advancing innovation through strategic investment and cloud computing solutions, is pleased to announce that its flagship AI business, Cedarcross Technologies Inc., operating under the brand Lyken.AI ("Lyken.AI"), has been formally approved as a qualified vendor and has received its official ven ...

Core Insights - Alset AI Ventures Inc. has announced the full commercial launch of Cedarcross Technologies Inc., branded as Lyken.AI, which aims to provide comprehensive AI solutions to organizations [1] Company Overview - Alset AI Ventures Inc. is focused on advancing innovation through strategic investments and cloud computing solutions [1] - Lyken.AI is positioned to deliver end-to-end services, production-grade software, and infrastructure to address real business problems [1]

Core Insights - Alset AI Ventures Inc. is entering into a non-revolving term loan agreement for up to $3,000,000 to enhance its balance sheet and support revenue growth initiatives [1] Group 1: Financial Strategy - The company is securing an unsecured loan agreement with Mr. Randy Gilling as the lender [1] - The principal amount of the loan is set at $3,000,000 [1] Group 2: Business Focus - Alset AI is focused on advancing innovation through strategic investment and cloud computing solutions [1]

Core Insights - Alset AI Ventures Inc. has announced that its cloud compute business, Lyken.AI, has been accepted into the Dell Technologies Canada Partner Program as a Cloud Services Provider [1] Company Developments - Lyken.AI is recognized as a Cloud Services Provider, which allows the company to integrate Dell's enterprise-grade infrastructure, hardware, and services into its platform [1]

Group 1 - The core viewpoint of the article highlights Alset AI's strategic move to enhance its capabilities in supporting advanced AI infrastructure solutions through a referral agreement with a leading global AI infrastructure company [1] - The referral agreement, dated September 25, 2025, positions Alset AI as a referral partner, allowing the company to connect prospective clients with larger scale needs to the Referee [1] - This partnership is expected to drive revenue growth and expand global opportunities for Alset AI's flagship platform, Lyken.AI [1]

Core Insights - Alset AI Ventures Inc. has appointed Kurtis Krack as President of its cloud compute business, Lyken.AI, effective September 15, 2025 [1] - Krack brings over 20 years of experience in the technology sector, with a focus on platform expansion, revenue generation, and large-scale infrastructure solutions [1] Company Overview - Alset AI is an artificial intelligence venture company that focuses on innovation through strategic investment and cloud computing solutions [1] - The company aims to advance its platform-as-a-service (PaaS) expansion and commercial growth strategy under Krack's leadership [1] Leadership Background - Kurtis Krack has previously held positions at Denvr Dataworks Corp., OnX, and EMC/Dell, indicating a strong background in technology and infrastructure [1] - His expertise is expected to contribute significantly to Lyken's infrastructure scaling and overall business strategy [1]