Welcome to our dedicated page for Alset AI Ventures news (Ticker: GPUSF), a resource for investors and traders seeking the latest updates and insights on Alset AI Ventures stock.
Alset AI Ventures Inc. (OTC: GPUSF) is described in its public disclosures as an artificial intelligence venture company focused on strategic investment and cloud computing solutions, with its flagship cloud compute business operating under the Lyken.AI brand. Company news releases emphasize developments around AI infrastructure, financing, partnerships, and commercialization of its cloud compute platform.
News about Alset AI frequently covers capital raising and balance sheet initiatives, such as non-brokered private placements of units consisting of common shares and warrants, an unsecured term loan facility with an insider lender that includes warrant consideration, and shares-for-debt transactions to settle consulting and service fees. These items are presented by the company as supporting working capital, commercialization of its cloud compute business, and advancement of its AI infrastructure strategy.
Another recurring theme in Alset AI’s news flow is the evolution of its cloud and vendor ecosystem. Releases describe Lyken.AI’s acceptance into the Dell Technologies Canada Partner Program as a Cloud Services Provider, as well as a referral agreement with a publicly listed global AI infrastructure company that allows Alset AI to refer larger-scale clients and participate in revenue from those relationships. The company also reports on marketing and investor awareness initiatives, including a marketing services agreement with an Ontario-based firm specializing in digital engagement.
Investors and observers following GPUSF news can use this page to review company-issued updates on financings, partnerships, incentive programs, and ownership disclosures, including early warning reports related to significant shareholdings. Regular review of these items can help readers understand how Alset AI is positioning its Lyken.AI platform and structuring its capital base within the AI and cloud computing space.
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.
Alset AI Ventures (OTC:GPUSF) has announced the launch of a new corporate website for Lyken.AI, its flagship cloud compute platform. The website launch represents a strategic move to accelerate commercial growth and showcase the company's Platform-as-a-Service (PaaS) solutions.
Following the rebranding of Cedarcross International Technologies to Lyken.AI, the platform aims to address Canada's growing demand for AI infrastructure. The global AI infrastructure market is projected to grow from $46.15 billion in 2024 to $356.14 billion by 2032, with a 29.1% CAGR. Lyken.AI combines infrastructure-as-a-service and platform-as-a-service capabilities to provide scalable compute solutions.
Alset AI Ventures (OTC:GPUSF) has extended its digital marketing services agreement with Machai Capital through a second amendment. The contract will now run from June 12, 2025 to December 12, 2025, with no additional costs beyond the previously agreed $400,000 consideration from the first amendment.
Additionally, the company has granted 2,000,000 stock options at $0.08 per share and awarded 2,500,000 restricted share units (RSUs) to directors, officers, and employees. The options will vest quarterly over one year, while RSUs will vest after one year. Both grants are subject to shareholder approval at the upcoming August 26, 2025 meeting.
Alset AI Ventures (OTC:GPUSF), an AI venture company focused on strategic investment and cloud computing solutions, has announced significant changes to its Board of Directors. The company has filed and mailed its management information circular for the upcoming annual meeting scheduled for August 26, 2025.
Two new independent directors have been nominated: Lisa Baird, current President and CEO of NextUp with extensive experience including board positions at Cantaloupe (NASDAQ:CTLP), and Vijay Mony, Founder and Managing Partner at Woodson Equity with significant private equity experience. Current directors Vikas Ranjan and Leighton Bocking will not seek re-election, with Leighton continuing in an advisory role. The board is expected to comprise five members following the meeting.
Alset AI Ventures (OTC:GPUSF) has completed the acquisition of the remaining 25% stake in Cedarcross Technologies, now operating as Lyken.AI, achieving full ownership of the AI cloud computing company. The transaction involved issuing 7 million common shares at a deemed price of $0.10 per share, totaling $700,000 CAD in consideration.
Lyken.AI, Alset's flagship Platform-as-a-Service compute platform, is preparing for a full-scale commercial launch this summer, which will include a new corporate website showcasing its capabilities, ecosystem partnerships, and infrastructure solutions. The company aims to address the growing demand for domestic AI compute capacity.
Alset AI Ventures (OTC:GPUSF) announced that its portfolio company, Henon Financial Technologies, has launched HenonGPT, the world's first zero-error AI toolkit for financial workflows. The platform is specifically designed for private equity and credit firms, enabling financial professionals to access verified company-level data without AI hallucinations.
HenonGPT utilizes a proprietary Model-Context-Protocol (MCP) layer to ensure precision and reliability in financial data processing. The full release is scheduled for July 28, 2025. Alset AI's CAD$250,000 investment in Henon, made in March 2025, aims to accelerate AI adoption in fintech while supporting infrastructure development.
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.