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The latest announcement is out from Alset Capital ( (TSE:GPUS) ).
Alset AI’s flagship business, Lyken.AI, has been approved as a qualified vendor by a leading multinational technology and telecommunications company, a milestone that allows it to begin commercial engagements and supply production-grade AI cloud infrastructure and related services. The approval, which includes issuance of an official vendor code, strengthens Lyken.AI’s market positioning in enterprise AI infrastructure and is expected to support revenue generation in 2026, highlighting the perceived strength of its full-service model that combines end-to-end hardware, secure GPU cloud, platform services, and tailored AI deployment solutions for large-scale customers.
More about Alset Capital
Alset AI Ventures Inc. is an AI-focused venture investment platform that sources, funds, and develops companies across the artificial intelligence value chain. Through its flagship AI business Cedarcross Technologies, operating as Lyken.AI, the company provides production-grade AI cloud infrastructure, secure GPU cloud, platform services, and customized AI deployment solutions, targeting enterprises seeking advanced AI computing capabilities.
Average Trading Volume: 608,746
Technical Sentiment Signal: Sell
Current Market Cap: C$9.21M
For a thorough assessment of GPUS stock, go to TipRanks’ Stock Analysis page.