American Marconi Wireless News - Alset AI Announces Full Commercial Launch of Lyken.AI

VANCOUVER, BC / ACCESS Newswire / January 21, 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 the full commercial launch of Cedarcross Technologies Inc., operating under the brand Lyken.AI, its flagship AI business ("Lyken.AI").

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 center 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 the official website at https://www.lyken.ai/.

The launch coincides with a period of ongoing AI evolution. Recent data indicates that approximately 88% of organizations worldwide use AI in at least one business function,¹ an increase from prior years, with 78% of global companies having adopted AI technologies overall.² In North America, adoption is particularly strong, with middle-market businesses reporting near universal engagement.³ The global AI market, fueled by a compound annual growth rate (CAGR) of over 30%,⁴ may exceed $500 billion in 2026,⁵ evidencing the increasing demand for practical, outcome-focused AI platforms.

For more information about Lyken.AI, to explore customer or partnership opportunities, or to schedule a consultation, please visit https://www.lyken.ai/.

About Alset AI Ventures Inc.

Alset AI is an AI-focused venture investment platform dedicated to sourcing, funding, 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.

For further information about Alset AI Ventures Inc., please contact:

Investor Relations

Adam Ingrao
Chief Executive Officer
T: 236.312.6744
E: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note regarding Forward Looking Statements

This press release may contain certain forward-looking statements and forward-looking information (collectively, "forward-looking statements") regarding the Company, including, but not limited to, statements with respect to impacts of the commercial launch of Lyken.AI to the Company's business; the Company's expectation that Lyken.AI will begin generating revenue following commercial availability, both in the near-term and on a recurring basis; the Company's ability to leverage Lyken.AI's vendor ecosystem and partner relationships; expectations regarding the size, growth and adoption of the AI market based on third-party industry data, including projected market growth rates and demand for AI platforms; and the strategic direction and business plans of the Company, including its ability to provide investors with diversified exposure to emerging applications and infrastructure that enable advancements in AI technologies. Forward-looking statements normally contain words like "will", "intend", "anticipate", "could", "should", "may", "might", "expect", "estimate", "forecast", "plan", "potential", "project", "assume", "contemplate", "believe", "shall", "scheduled", and similar terms. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this press release. Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Alset AI's business. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, and unforeseen events and developments. This list is not exhaustive of the factors that may affect the Company's forward-looking statements. Many of these factors are beyond the control of Alset AI. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof, and Alset AI undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company's business are more fully discussed under the heading "Risks and Uncertainties" in its most recent Management's Discussion and Analysis and other disclosure documents available on SEDAR+ at www.sedarplus.ca.

Cautionary Note Regarding Future-Oriented Financial Information

This press release also contains certain future-oriented financial information and financial outlook information (collectively, "FOFI") regarding the Company's forecasted revenues and prospective results of operations from the commercialization of Lyken.AI. Such FOFI is subject to the same assumptions, risk factors, limitations and qualifications as set forth in the above paragraphs. The FOFI involves known and unknown risks and uncertainties and while the Company believes there is reasonable basis for the FOFI, such target may not be met and actual results may vary and differ materially. FOFI contained in this press release was approved by management as of the date hereof and was included for the purpose of providing further information about the Company's anticipated future business operations and revenues, and the importance of the commercialization of Lyken.AI's business. The Company and its management believe that the FOFI has been prepared on a reasonable basis, reflecting management's best estimates and judgments, and represents, to the best of management's knowledge and opinion, the Company's expected course of action with respect to the future of Lyken.AI. However, because this information is highly subjective and subject to numerous risks, it should not be relied on as necessarily indicative of future results, profitability or other measures of financial performance. The Company disclaims any intention or obligation to update or revise any FOFI contained in this press release, whether as a result of new information, future events or otherwise, unless required pursuant to applicable law. Readers are cautioned not to place undue reliance on the FOFI and to note that the FOFI contained in this press release should not be used for purposes other than for which it is disclosed herein. Risks and uncertainties as more fully discussed under the heading "Risks and Uncertainties" in the Company's most recent Management's Discussion and Analysis and other disclosure documents available on SEDAR+ at www.sedarplus.ca can have a significant impact on the FOFI included herein. The Company's actual results may differ than as disclosed in this press release.

References

¹ McKinsey & Company, "The State of AI: Global Survey 2025" (88% of organizations using AI in at least one business function).

² Hostinger, "How Many Companies Use AI in 2026? Stats & Trends" (78% of global companies adopted AI technologies as of 2025).

³ RSM US LLP, "Middle Market AI Survey 2025" (near-universal AI adoption among U.S. and Canadian middle-market companies).

⁴ Grand View Research, "Artificial Intelligence Market Size | Industry Report, 2033" (30.6% CAGR from 2026 onward).

⁵ Grand View Research, "Artificial Intelligence Market Size | Industry Report, 2033" (global AI market projected at USD 539.45 billion in 2026).

SOURCE: Alset AI Ventures Inc.

View the original press release on ACCESS Newswire

P.M.Smith--AMWN