Alset AI Ventures Inc. Secures Vendor Approval for Lyken.AI, Poising the Company for Revenue Generation
Alset AI Ventures Inc. (TSXV: GPUS) announced on 27 January 2026 that its flagship AI platform, Lyken.AI, has been formally approved as a qualified vendor by a leading multinational technology and telecommunications company. The approval, disclosed through multiple press releases and a Stockwatch article, comes with an official vendor code and signals that Lyken.AI will be able to begin commercial engagements and generate revenue in the first half of 2026.
Vendor Approval: A Strategic Milestone
The company’s CEO, Kurtis Krack, President of Lyken.AI, emphasized that the vendor status validates the platform’s full‑service model, which integrates end‑to‑end hardware infrastructure, GPU‑cloud provisioning, platform services, and customized AI deployment solutions. According to the company’s statements, the approval unlocks the ability to supply production‑grade AI cloud infrastructure to the multinational partner’s ecosystem, a critical step for the business model that relies on high‑performance computing resources.
Krack noted that the company expects an initial purchase order for hardware services in the near term, with further re‑orders anticipated as the partnership deepens. The vendor code will enable Lyken.AI to begin generating revenue from its core offerings, positioning the company to transition from a development phase to a revenue‑generating operation within the same calendar year.
Implications for Alset AI’s Financial Outlook
Alset AI Ventures Inc. is listed on the TSX Venture Exchange, with a market capitalization of approximately 12.6 million CAD. The company’s share price has recently hovered around 0.075 CAD, falling well below its 52‑week low of 0.045 CAD but still trading within the range of its 52‑week high of 0.175 CAD. The enterprise’s price‑to‑earnings ratio remains negative at –0.64, reflecting the early‑stage nature of its operations and the significant investments required to scale AI infrastructure solutions.
The vendor approval is expected to accelerate the company’s path toward profitability. By securing a formal partnership with a multinational entity, Alset AI can leverage the partner’s customer base and procurement processes to secure repeat business, potentially leading to a steady stream of revenue in the coming quarters. This development could also enhance investor confidence, potentially impacting the company’s market valuation positively as the business model moves closer to a sustainable revenue cycle.
Forward‑Looking Statements and Risks
Both the Stockwatch and Finanznachrichten releases include a standard cautionary note regarding forward‑looking statements. The company acknowledges that while the vendor approval is a significant step, the realization of projected orders and subsequent revenue depends on a number of assumptions and risks. These include competitive pressures in the AI cloud infrastructure market, the ability to scale operations to meet demand, and potential changes in regulatory or technological environments.
Investors are advised that actual results may differ materially from the forward‑looking expectations presented in the releases. Despite this, the vendor approval is widely regarded as a positive indicator of Alset AI’s potential to monetize its platform and deliver value to shareholders over the medium term.
This article is based solely on publicly available information released by Alset AI Ventures Inc. on 27 January 2026 and related financial data as of 27 January 2026.
