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Alset AI's Lyken.AI Announces Non-Binding Memorandum of Understanding with Clairvoyant Holdings Inc.
Lyken.AI and Clairvoyant Holdings Inc. Outline Proposed Collaboration for AI-Enabled Infrastructure and Engineering Services VANCOUVER, BC / ACCESS Newswire / January 29, 2026 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC:GPUSF)(FSE:1R60, WKN:A40M0J) ("Alset ...
About this update from Alset Ai Ventures Inc
[{"type":"text","content":"Lyken.AI and Clairvoyant Holdings Inc. Outline Proposed Collaboration for AI-Enabled Infrastructure and Engineering Services","length":124,"tagName":"p"},{"type":"text","content":"VANCOUVER, BC / ACCESS Newswire / January 29, 2026 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC:GPUSF)(FSE:1R60, WKN:A40M0J) ("Alset AI" or the "Company") announces that its 100% owned Cedarcross International Technologies Inc., operating under the brand Lyken.AI ("Lyken.AI" or "Lyken"), has entered into a non-binding memorandum of understanding dated January 28, 2026 (the "MOU") with Clairvoyant Holdings Inc. ("CHI") in respect of a proposed commercial collaboration focused on the deployment of Lyken's artificial intelligence-enabled infrastructure, cloud computing, software development, and engineering capabilities across CHI's clinical and wellness platforms (the "Proposed Transaction").","length":773,"tagName":"p"},{"type":"text","content":"Proposed Terms","length":14,"tagName":"p"},{"type":"text","content":"Pursuant to the MOU, the parties have outlined a preliminary framework under which CHI would procure from Lyken a range of AI-enabled services, including cloud infrastructure provisioning, data ingestion and orchestration, AI model development and deployment, workflow automation, software application and API development, systems integration, and ongoing engineering, maintenance, and optimization services, all tailored to CHI's clinical operations, digital platforms, and affiliated wellness networks. In connection with the proposed collaboration, Silver Birch Growth Inc. ("SBG") would provide complementary ecosystem and commercialization services, including customer introductions, channel and sales advisory, cross-referrals, and network expansion support.","length":778,"tagName":"p"},{"type":"text","content":"The parties currently contemplate aggregate consideration of approximately C$1.5 million, payable by CHI to Lyken in phased installments over an anticipated period of approximately twenty-four (24) months following the commencement of services, subject to the negotiation and execution of one or more definitive agreements. Of the amounts received by Lyken, approximately 65% would be retained by Lyken as consideration for its technology and engineering ser...