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Alset AI's Lyken.AI approved as qualified vendor

By The Northwire Desk — AI Analysis Jan 27, 2026 · 16:23 GPUS · 0.07 Alset AI Ventures Inc
GPUS · Price

Executive Summary

  • Alset AI Ventures Inc.'s subsidiary, Cedarcross Technologies Inc. (operating as Lyken.AI), has been formally approved as a qualified vendor and assigned an official vendor code by a leading multinational technology and telecommunications company.
  • This approval is a critical milestone that enables Lyken.AI to enter into commercial engagements and begin generating revenue, with expectations to start in the first half of 2026.
  • The company anticipates an initial purchase order for hardware services in the near term, followed by follow-on orders, leveraging its full-service business model for AI cloud infrastructure and GPU cloud services.

Key Details

  • Vendor Approval: Lyken.AI received official vendor code and qualified vendor status from a leading multinational technology and telecommunications company.
  • Revenue Timeline: The company expects to begin generating revenue in the first half of 2026.
  • Order Expectations: An initial purchase order for hardware services is expected in the near term, with anticipated follow-on orders.
  • Service Offering: The approval supports the provision of production-grade AI cloud infrastructure, including end-to-end hardware infrastructure, GPU cloud, platform services, and customized AI deployment solutions.
  • Strategic Impact: The milestone positions Lyken.AI to monetize its differentiation in the AI value chain through its full-service business model.

Notable Quotes

  • "We are thrilled to have been approved as a vendor and to receive our official vendor code from this global technology and telecommunications leader... This achievement positions Lyken.AI to begin generating revenue in the first half of 2026, as we anticipate an initial order in the near term, followed by additional reorders. It is a strong testament to the strength and differentiation of Lyken.AI's full-service business model, which delivers end-to-end hardware infrastructure and secures GPU [graphics processing unit] cloud, platform services and customized AI deployment solutions." — Kurtis Krack, President of Lyken.AI
Read the original news release →

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