Business
Alset AI Provides Corporate Update Highlighting Foundation for Growth
Company adds seasoned directors and advisors, and advances flagship cloud-compute platform Lyken.AI with new partnerships and commercial activity VANCOUVER, BC / ACCESS Newswire / September 9, 2025 /Alset AI Ventures Inc.(TSXV:GPUS)(OTC:GPUSF(WKN:A40M0J, ...
About this update from Alset Ai Ventures Inc
[{"type":"text","content":"Company adds seasoned directors and advisors, and advances flagship cloud-compute platform Lyken.AI with new partnerships and commercial activity","length":145,"tagName":"p"},{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / September 9, 2025 / Alset AI Ventures Inc.(TSXV:GPUS)(OTC:GPUSF(WKN:A40M0J, SYM:1R6)("Alset AI" or the "Company") an artificial intelligence ("AI") venture company advancing innovation through strategic investment and cloud computing solutions, today issued a corporate update covering organizational, commercial, and capital initiatives completed over the past several months. The Company has been focused on readying Alset AI foundationally and operationally for its next phase of growth, with an emphasis on revenue-generating assets led by its flagship cloud compute platform, Cedarcross Technologies Inc., operating under the brand Lyken.AI ("Lyken").","length":730,"tagName":"p"},{"type":"text","content":"Recent Corporate and Governance Milestones","length":42,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"At the Company's annual and special meeting of shareholders held on August 26, 2025, Lisa Baird and Vijay Mony were elected to Alset AI's Board of Directors (the "Board"), adding deep operating, brand, and private-equity expertise. The Company thanks the outgoing directors for their service and ongoing support. Following the Meeting, Lisa was appointed to the Board's Audit Committee, Corporate Governance and Nominating Committee, and Compensation Committee (Chair). Vijay has been appointed to the Board's Corporate Governance and Nominating Committee (Chair), and will also serve on the Compensation Committee.","length":641,"tagName":"p"}]},{"val":[{"type":"text","content":"Chase Chamberlin, CEO of Commonwealth Sports joined Alset AI as a strategic advisor, bringing growth, brand, and ecosystem-building experience across sports, entertainment, and technology sectors.","length":196,"tagName":"p"}]},{"val":[{"type":"text","content":"Earlier this summer, Adam Ingrao was appointed to the Board in addition to serving as CEO of the Company, ensuring tighter alignment of strategy, operations, and capital markets execution. Adam has also been added to the Board's Corporate Governance and Nominating Committee, and C...