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Lyken.AI Accepted as a Cloud Services Provider with a Global Technology Leader

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Alset AI Ventures' (OTC:GPUSF) subsidiary Lyken.AI has been accepted into the Dell Technologies Canada Partner Program as a Cloud Services Provider (CSP). This strategic partnership enables Lyken to integrate Dell's enterprise-grade infrastructure and services into its platform.

The partnership provides Lyken with three key benefits: access to Dell's infrastructure and multi-cloud stack for AI workloads, go-to-market support and co-marketing opportunities through Dell's global network, and eligibility for rebates on Dell product sales. This collaboration positions Lyken to enhance its cloud computing solutions while delivering cost efficiencies to customers.

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Positive

  • Access to Dell's enterprise-grade infrastructure and multi-cloud technology stack
  • Potential revenue growth through Dell's global partner network and co-marketing opportunities
  • Cost efficiency improvements through rebate eligibility on Dell product sales

Negative

  • None.

News Market Reaction

+6.71%
1 alert
+6.71% News Effect

On the day this news was published, GPUSF gained 6.71%, reflecting a notable positive market reaction.

Data tracked by StockTitan Argus on the day of publication.

VANCOUVER, BC, BC / ACCESS Newswire / October 2, 2025 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC:GPUSF)(FSE:1R6, 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 that its 100% owned flagship cloud compute business, Lyken.AI ("Lyken") has been accepted into the Dell Technologies Canada Partner Program (the "Dell Partner Program")as a Cloud Services Provider ("CSP").

Acceptance into the Dell Partner Program positions Lyken as a recognized CSP, enabling the Company to integrate Dell's enterprise-grade infrastructure, hardware, and services into its platform. As part of the program, Lyken expects to leverage Dell's global ecosystem and industry-leading technologies to deliver secure, scalable, and high-performance cloud compute solutions for enterprises and developers.

The key benefits of Lyken's acceptance into the Dell Partner Program include:

  • Access to Dell's Infrastructure & Multi-Cloud Stack - providing enterprise-grade technology to power AI workloads with speed, reliability, and scale.

  • Go-to-Market Support, Co-Marketing & Demand Generation - enabling Lyken to accelerate customer adoption and brand visibility through Dell's global partner network.

  • Eligibility for Rebates on Dell Product and Solution Sales - strengthening Lyken's ability to reinvest in growth while delivering cost efficiencies to customers.

Kurtis Krack, President of Lyken, commented: "Being accepted into the Dell Technologies Partner Program is a significant milestone for Lyken. It not only reflects the strategy of our cloud compute platform but also allows us to provide our customers with access to enterprise-grade infrastructure and services trusted by some of the largest organizations worldwide. This helps positions us to accelerate growth and deliver advanced solutions to Canadian and North American innovators."

Greg Griffiths, District Manager of Dell Canada, commented: "As a member of the Dell Technologies Partner Program, Lyken joins a network of industry leaders delivering cloud services that are secure, reliable, and built to scale. The program is designed to empower partners to provide customers with the tools and resources needed to meet the demands of today's digital economy."

About Lyken.AI
Lyken is the flagship cloud compute business 100% owned by Alset AI, focused on delivering scalable, high-performance computing infrastructure designed for artificial intelligence and machine learning workloads. By combining enterprise-grade hardware with flexible cloud-based solutions, Lyken provides developers, researchers, and enterprises with the computing power needed to innovate, train, and deploy advanced AI systems.

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: ir@alsetai.com

Neither the TSX Venture Exchange (the "TSXV") nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) 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 statements relating to the anticipated impact and potential benefits to Lyken, the Company, the Lyken.AI platform, and their customers of the Dell Partner Program; the Company's and Lyken's near and long-term business focus, the expansion of Lyken through the Dell Technologies Partner Program; the Company's growth strategy; 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.

SOURCE: Alset AI Ventures Inc.



View the original press release on ACCESS Newswire

FAQ

What does Lyken.AI's acceptance into Dell Technologies Partner Program mean for GPUSF?

It enables Lyken.AI to integrate Dell's enterprise-grade infrastructure into its platform, access Dell's global partner network, and benefit from rebates on Dell product sales.

What are the main benefits of Lyken.AI becoming a Dell Cloud Services Provider?

The key benefits include access to Dell's infrastructure, go-to-market support and co-marketing opportunities, and eligibility for rebates on Dell product sales.

How will the Dell partnership affect Lyken.AI's market position?

The partnership positions Lyken.AI to accelerate growth and deliver advanced cloud computing solutions to Canadian and North American customers using Dell's enterprise-grade technology.

What services will Lyken.AI offer through the Dell Technologies partnership?

Lyken.AI will offer secure, scalable, and high-performance cloud compute solutions for enterprises and developers, powered by Dell's infrastructure and multi-cloud stack.
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