VANCOUVER, BC — September 9, 2025 — Leads & Copy — Alset AI Ventures Inc. (TSXV:GPUS)(OTC:GPUSF) has issued a corporate update detailing organizational, commercial, and capital initiatives. The company has been focused on preparing Alset AI for its next growth phase, emphasizing revenue-generating assets led by its Lyken.AI cloud compute platform.
Lisa Baird and Vijay Mony were elected to Alset AI’s Board of Directors at the annual shareholder meeting on August 26, adding expertise in operations, brand management, and private equity. Chase Chamberlin, CEO of Commonwealth Sports, joined as a strategic advisor.
Adam Ingrao was appointed to the Board in addition to his role as CEO. Lyken is now a fully-owned subsidiary of Alset AI, positioned as a scalable cloud compute platform for AI infrastructure and services. A Lyken.AI corporate website launched in August.
Alset AI executed a white-label agreement to deliver compute and platform services under the Lyken brand. A strategic alliance was announced with CHIP Datacentres Inc., including an investment into CHIP’s Waterloo data center. Lyken also executed a master services agreement with Align Wellness, potentially serving over 60 clinics in North America.
Alset AI anticipates organic growth and bolt-on opportunities, expecting continued progress on partnerships. CEO Adam Ingrao stated the company has put the structure, leadership, and partner network in place to scale with focus and speed.
Adam Ingrao, Chief Executive Officer, T: 236.312.6744, E: ir@alsetai.com
Source: Alset AI Ventures Inc.
