Alset AI Ventures Inc Stock Price, News & Analysis

Alset AI Ventures (OTC:GPUSF), an artificial intelligence venture company, has appointed its CEO Adam Ingrao to the Board of Directors, effective July 21, 2025. Ingrao, who joined as CEO in November 2024, brings extensive leadership experience from global organizations including Reebok, Ralph Lauren, and the NFL.

Prior to joining Alset AI, Ingrao served as President and CEO of Microcel Corporation from 2020 to 2024, where he secured partnerships with Google, Anker, and Starlink, and led the company's successful strategic sale. He previously held executive positions at Dorel Industries, managing global strategies for brands like Cannondale and Schwinn. The appointment is pending TSX Venture Exchange approval.

Alset AI Ventures (OTC:GPUSF) has received TSX Venture Exchange approval to amend the exercise price of approximately 20 million outstanding warrants. The warrants, originally issued in March 2024 with an exercise price of $0.25, will now have a reduced exercise price of $0.15.

The amended warrants include an acceleration provision requiring holders to exercise within 30 days if the company's share price remains at or above $0.1875 for 10 consecutive trading days. The warrants maintain their original expiration dates of March 15 and March 22, 2027.

Alset AI Ventures (OTC:GPUSF) has entered into a definitive agreement to acquire the remaining 25% stake in Cedarcross Technologies (operating as Lyken.AI) for $700,000 CAD through the issuance of 7 million common shares at $0.10 per share.

Upon completion, Alset AI will own 100% of Lyken.AI, a BC-based AI cloud computing company offering Platform-as-a-Service (PaaS) compute solutions. The acquisition follows Alset's initial majority stake purchase in February 2025. Lyken.AI plans to launch a new corporate website by Q3 2025 to showcase its platform capabilities and infrastructure solutions.

Alset AI Ventures Inc. (GPUSF) is advancing its Lyken.AI platform to address Canada's critical shortage in AI computing infrastructure. The company aims to establish sovereign GPU compute capabilities, addressing Canada's significant underrepresentation in global AI infrastructure, controlling only 1% compared to US's 11% and Japan's 8%. Through partnerships with Silver Birch Growth and Excel Computility, Alset AI is expanding its data center deployments and integrating NVIDIA GPU clusters. The initiative aligns with Canada's AI Sovereign Compute Strategy launched in April 2024. CEO Adam Ingrao demonstrated confidence by purchasing 250,000 shares at $0.135 per share. The company extended its agreement with Machai Capital Inc. for enhanced investor relations until September 2025 for $400,000, pending TSX Venture Exchange approval.

Alset AI Ventures (GPUSF) announced plans to amend its outstanding warrants and launch an early exercise incentive program to strengthen its capital position. The company will modify 19,999,993 warrants by reducing the exercise price from $0.25 to $0.15, with an accelerated expiry provision if shares trade at $0.1875 or higher for 10 consecutive days. The warrants were originally issued in March 2024 and set to expire in March 2027. Additionally, Alset AI is introducing a 45-day incentive program where warrant holders who exercise their warrants will receive one-half of one additional warrant exercisable at $0.25 for 12 months. The initiatives aim to unlock growth capital for scaling the Lyken.AI platform and pursuing infrastructure opportunities, subject to TSXV approval.

Alset AI Ventures (GPUSF) has announced a strategic partnership with Excel Computility Service through a subcontracting agreement dated May 28, 2025. The collaboration aims to enhance the Platform-as-a-Service (PaaS) capabilities of Alset's portfolio company, Lyken.AI.

Excel Computility will provide cloud computing hardware, support, and related services to Lyken and other third-party clients. Their infrastructure includes high-performance servers like Gigabyte G292-40/45 and Supermicro SYS-821GE-TNHR, equipped with 8 GPUs (H100, A100, or A6000). The partnership integrates Excel's advanced GPU clusters, AI-ready NAS systems, and data center expertise to meet growing AI compute demands.

Alset AI Ventures Inc. (GPUSF) has announced the strategic rebranding of Cedarcross International Technologies to Lyken.AI, positioning it as a next-generation platform-as-a-service (PaaS) provider for AI infrastructure solutions. The transformation includes full-stack infrastructure capabilities and plans for data centre expansion across North America.

Key strategic initiatives include partnerships with industry leaders like Super Micro, NVIDIA, and Earthmade, and a commercial collaboration with Silver Birch to build a sales pipeline. Lyken.AI plans to launch a new corporate website by Q3 2025 to showcase its platform capabilities and ecosystem partnerships.

This transformation aligns with significant market growth projections, as global AI infrastructure spending is forecast to grow from $46.15 billion in 2024 to $356.14 billion by 2032, representing a 29.1% CAGR, with North America leading the market.

Alset AI Ventures Inc. (GPUSF) has announced an upcoming investor webinar scheduled for May 22, 2025, at 11:00 a.m. ET. The webinar will provide investors with a comprehensive company overview, strategic updates on achieved milestones, and insights into Alset's plans for the remainder of 2025. The event will feature a Q&A session with the executive team, with investors encouraged to submit questions in advance via email to ir@alsetai.com by May 20, 2025. A replay of the webinar and related materials will be made available on the company's investor relations website after the event.

Alset AI Ventures Inc. (GPUSF) has entered into an engagement agreement with Silver Birch Growth, a go-to-market and revenue acceleration firm, on April 30, 2025. The partnership aims to strategically review revenue generators across Alset's portfolio companies, with an initial focus on Cedarcross Technologies, the company's AI infrastructure business.

Silver Birch, known for scaling early-stage B2B software, data, and services companies, brings expertise in go-to-market strategy and execution through their B2B sales model. The firm has a successful track record with partnerships including getitAI and KindMarketing. CEO Adam Ingrao expressed confidence that this collaboration will accelerate revenue generation, improve product-market fit, and enhance value creation for stakeholders.