20:15:25 EST Wed 21 Jan 2026
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Alset AI Ventures Inc
Symbol GPUS
Shares Issued 171,118,705
Close 2026-01-21 C$ 0.07
Market Cap C$ 11,978,309
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Alset AI Ventures launches Cedarcross (dba Lyken.AI)

2026-01-21 17:11 ET - News Release

Mr. Adam Ingrao reports

ALSET AI ANNOUNCES FULL COMMERCIAL LAUNCH OF LYKEN.AI; AI BUSINESS TO DELIVER END-TO-END SERVICES, PRODUCTION-GRADE SOFTWARE and INFRASTRUCTURE TO SOLVE REAL BUSINESS PROBLEMS

Alset AI Ventures Inc. has completed the full commercial launch of Cedarcross Technologies Inc., operating under the brand Lyken.AI, its flagship artificial-intelligence business.

Lyken.AI is now positioned to work with organizations, delivering a complete, accountable solution that combines end-to-end services, production-grade software and infrastructure. Lyken.AI is designed to provide business outcomes, from problem assessment and data validation through to scalable deployment and ensuring measurable business impact.

Leveraging a strong ecosystem including Nvidia, Dell Technologies Canada and established data centre providers, Lyken.AI provides high-performance GPU compute, secure NVMe storage, private low-latency networking and specialized enterprise tools, including Nvidia software stack for AI Agentics and developer libraries.

"We are incredibly excited to bring Lyken.AI to full commercial availability," said Kurtis Krack, president of Lyken.AI. "We believe that we are positioned to begin generating revenue in the first half of 2026. This launch enables us to fully leverage our strong vendor ecosystem and valued partners to execute on our pipeline of opportunities."

In conjunction with the commercial launch, Alset AI has released a comprehensive new Lyken.AI business deck detailing the platform's practical AI approach, technical capabilities, market differentiation, partnerships and growth strategy. The deck is now available on its official website.

The launch coincides with a period of the AI evolution. Recent data indicate that approximately 88 per cent of organizations worldwide use AI in at least one business function, an increase from prior years, with 78 per cent of global companies having adopted AI technologies overall. In North America, adoption is particularly strong, with middle-market businesses reporting near universal engagement. The global AI market, fuelled by a compound annual growth rate (CAGR) of over 30 per cent, may exceed $500-illion in 2026, evidencing the increasing demand for practical, outcome-focused AI platforms.

About Alset AI Ventures Inc.

Alset AI is an AI-focused venture investment platform dedicated to sourcing, financing and developing companies across the artificial intelligence value chain. The company seeks to provide investors with diversified exposure to emerging applications and infrastructure that enable advancements in AI technologies.

We seek Safe Harbor.

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