Northwire Canada EditionThursday, July 30, 2026
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ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0% ZAC 0.060 +0.0% ELE 21.18 −1.7% GHRT 0.750 +0.0% AEM 203.13 +0.1% JTWO 0.135 +0.0% EDR 10.63 −2.8% VMXX 0.750 +5.6% K 32.71 −1.5% AGI 40.13 −1.4% VGZ 2.40 +0.8% CAN 0.055 +0.0% NVO 0.055 +0.0% ARIS 19.57 −4.2% IVN 10.59 −0.8% MCI 0.165 +0.0% MTS 0.130 +0.0%
M&A / Property

Alset AI's Lyken.AI signs Align Wellness for 60 clinics

GPUS · Price

Executive Summary

  • Alset AI Ventures Inc.'s subsidiary, Lyken.AI, has entered into a master services agreement with Align Wellness to deploy its Platform-as-a-Service (PaaS) across Align's network of over 60 physical therapy and injury rehabilitation clinics in North America.
  • The partnership involves the deployment of advanced AI agents designed to streamline clinic operations, including high-converting sales, reception, and booking automation agents, which are already live and delivering results.
  • Compensation for Lyken.AI includes onboarding fees, monthly subscription fees, and applicable overage fees, paid on a subscription basis with automatic one-year renewals. No securities were issued to Lyken.AI as part of this transaction.

Key Details

  • Parties Involved: Lyken.AI (a British Columbia-based private AI cloud computing subsidiary of Alset AI Ventures Inc.) and Align Wellness (a managed services platform for physical therapy and injury rehabilitation clinics).
  • Agreement Date: August 20, 2025.
  • Scope of Deployment: Lyken's PaaS will be deployed across Align's network of more than 60 physical therapy and injury rehabilitation clinics throughout North America.
  • Technology Deployed: The platform includes AI-powered infrastructure supporting a suite of conversational agents, specifically:
    • High-converting sales agents.
    • Reception and booking automation agents.
    • Several agents are already live and delivering measurable results.
  • Commercial Terms:
    • Services are provided on a subscription basis.
    • Contracts automatically renew for successive one-year terms unless cancelled by either party with at least 30 days' prior notice before the end of the current subscription period.
    • Compensation Structure: Align will pay Lyken all applicable onboarding fees for each clinic subscribing to the services, monthly subscription fees, and any applicable overage fees as set out in applicable order forms.
    • Equity: No securities of Align will be issued to Lyken as compensation for its services.
  • Strategic Context: The announcement highlights Lyken's ability to embed intelligent front-end systems directly into daily business operations and follows recent strategic developments across Lyken's vendor and cloud ecosystem.

Notable Quotes

  • Adam Ingrao, CEO of Alset AI: "This partnership with Align Wellness demonstrates the real-world value of our PaaS strategy providing scalable, AI-native infrastructure built to power high-impact businesses... This is a strong signal for what's possible when modern infrastructure meets applied AI."
  • Chris Percy, General Manager of Align Wellness: "The impact has been immediate... We see these high-converting reception and sales AI agents being particularly useful for mid-market service businesses like home services, dental, clinical -- any situation with high call volume and an action to take, like a sale or a booking."
Read the original news release →

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