VANCOUVER, BRITISH COLUMBIA — September 16, 2025 — Leads & Copy — Alset AI Ventures Inc. has appointed Kurtis Krack as President of its cloud compute business, Lyken.AI, effective September 15, 2025. Krack brings over 20 years of technology experience from roles at Denvr Dataworks, OnX Enterprise Solutions, and EMC/Dell.
In his new role, Krack will lead Lyken’s platform expansion, infrastructure scaling, and commercial growth strategy, focusing on developing the company’s go-to-market roadmap and deepening partner integrations across the AI compute ecosystem.
Alset AI CEO Adam Ingrao noted Krack’s enterprise experience and growth leadership, adding that his track record makes him the right leader to take Lyken into its next phase of growth.
Krack stated he is looking forward to expanding the Lyken platform and accelerating revenue growth.
Mr. Krack’s appointment is subject to the approval of the TSX Venture Exchange.
Investor Relations
Adam Ingrao
Chief Executive Officer
T: 236.312.6744
E: ir@alsetai.com
Source: Alset AI Ventures Inc.
