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Alset AI (OTC:GPUSF) has expanded its revenue agreement with Silver Birch Growth, enhancing its Lyken.AI cloud compute platform with additional software solutions. The amended agreement focuses on modifying royalty compensation terms while maintaining other aspects of the original April 30, 2025 agreement.
The platform now integrates three key solutions: Drawbridge for AI-driven data gathering, Pier39.ai for commerce monetization, and Vyrill for AI video intelligence. This expansion allows customers to access both infrastructure and software solutions under a single vendor relationship, potentially accelerating deployment times from quarters to weeks.
The strategic move positions Lyken.AI as a comprehensive solutions platform, combining compute capabilities with curated software and AI agents to drive revenue and efficiency for enterprise customers.
Alset AI Ventures (OTC:GPUSF), an AI venture company focused on strategic investment and cloud computing solutions, announced that shareholders holding 13,010,068 shares (8.39% of outstanding shares) have voluntarily agreed to a four-month lock-up period.
The lock-up agreement includes two company insiders who hold 2,638,750 shares (1.70% of outstanding shares). CEO Adam Ingrao highlighted that this voluntary action demonstrates shareholder confidence in the company's long-term vision and should help reduce near-term market volatility.
Alset AI Ventures (OTC:GPUSF) has appointed technology veteran Kurtis Krack as the new President of its cloud compute business, Lyken.AI, effective September 15, 2025. Krack brings over 20 years of technology sector experience from previous leadership roles at Denvr Dataworks, OnX Enterprise Solutions, and EMC/Dell.
In his new role, Krack will focus on three key areas: developing Lyken.AI's go-to-market roadmap, scaling infrastructure across North America, and expanding partner integrations within the AI compute ecosystem. His appointment is subject to TSX Venture Exchange approval.
Alset AI Ventures (OTC:GPUSF) has announced significant corporate developments and strategic initiatives focused on positioning the company for growth. The company has strengthened its leadership by adding new board members Lisa Baird and Vijay Mony, along with strategic advisor Chase Chamberlin.
A key highlight is the advancement of their flagship cloud compute platform Lyken.AI, which became a fully-owned subsidiary on August 5, 2025. The company has executed several strategic moves, including a white-label agreement for compute services, a partnership with CHIP Datacentres for a 2MW data center build-out in Waterloo, and a master services agreement with Align Wellness to serve 60+ clinics across North America.
Alset AI Ventures (OTC:GPUSF), an AI venture company focused on strategic investment and cloud computing solutions, has appointed Chase Chamberlin as Strategic Advisor effective August 26, 2025. Chamberlin, currently CEO of Commonwealth, brings significant experience in sports investment and technology innovation, having led platforms behind major sports champions like the 2023 Kentucky Derby winner.
As former Head of Growth at Epipheo, Chamberlin developed go-to-market strategies for Fortune 500 clients including Procter & Gamble, Google, Walmart, and others. His appointment aligns with Alset AI's mission to build high-growth AI infrastructure platforms and enhance shareholder value through technological innovation.
Alset AI Ventures (OTC:GPUSF) has received TSXV approval for its early warrant exercise incentive program, which commences on August 27, 2025 and ends on September 26, 2025. The program targets 19,999,993 outstanding warrants currently exercisable at $0.15 per share.
Under the program, warrant holders who exercise their warrants will receive one common share plus one-half of one new Incentive Warrant. Each new Incentive Warrant allows the purchase of an additional common share at $0.25 for one year from issuance. Participants must qualify as accredited investors or meet prospectus requirement exemptions.
Alset AI (OTC:GPUSF), an AI venture company focused on strategic investment and cloud computing solutions, has announced significant changes to its Board of Directors following its Annual General Meeting on August 26, 2025.
The company appointed two new directors: Lisa Baird, current President and CEO of NextUp with extensive board experience including Cantaloupe (NASDAQ:CTLP), and Vijay Mony, Founder and Managing Partner at Woodson Equity with significant private equity experience. Existing board members Jack Huang, Zelong He, and Adam Ingrao were re-appointed.
Shareholders approved all AGM matters, including the re-appointment of Davidson & Company LLP as auditor and amendments to the company's equity incentive plan, pending TSX Venture Exchange approval.
Alset AI Ventures (OTC:GPUSF) has formed a strategic partnership with CHIP Datacentres through a memorandum of understanding dated August 25, 2025. The alliance includes Alset's strategic investment in CHIP's Waterloo-based data center, which has an initial power capacity of 2MW.
The partnership encompasses joint market efforts, revenue-generating collaboration on AI rack space and cloud services, cross-selling opportunities through Lyken.AI, and co-branded offerings. CHIP brings relationships with over 60 global technology firms representing 800MW of AI infrastructure demand.
CHIP's Waterloo facility is specifically designed for GPU servers like NVIDIA H100 and A100, featuring advanced cooling, deeper racks, and efficient scaling capabilities.
Alset AI (OTC:GPUSF) has announced an early warrant exercise incentive program aimed at encouraging the exercise of 19,999,993 outstanding warrants. The program offers holders who exercise their warrants before the expiry date of August 27, 2025, an additional half warrant for each warrant exercised.
The current warrants are exercisable at $0.15 per share, with 15,924,572 warrants expiring on March 15, 2027, and 4,075,421 warrants expiring on March 22, 2027. The new incentive warrants will be exercisable at $0.25 for one year from issuance. The program requires TSX Venture Exchange approval and is designed to strengthen the company's balance sheet for growth initiatives.
Alset AI Ventures (GPUSF) announced that its subsidiary Lyken.AI has secured a Master Services Agreement with Align Wellness to deploy AI-powered solutions across 60+ physical therapy and rehabilitation clinics in North America.
The agreement includes implementation of AI agents for front-desk automation, sales enablement, and customer engagement. The subscription-based service will automatically renew annually and includes onboarding fees, monthly subscriptions, and potential overage charges per clinic.
Several AI agents are already operational and delivering measurable results, with Lyken's Platform-as-a-Service (PaaS) infrastructure enabling rapid deployment of industry-specific AI solutions for streamlined operations and improved customer acquisition.
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