Mr. Adam Ingrao reports

ALSET AI'S LYKEN.AI APPROVED AS VENDOR FROM LEADING MULTINATIONAL TECHNOLOGY AND TELECOMMUNICATIONS COMPANY

Alset AI Ventures Inc.'s flagship AI (artificial intelligence) business, Cedarcross Technologies Inc., operating under the brand Lyken.AI, has been formally approved as a qualified vendor and has received its official vendor code from a leading multinational technology and telecommunications company.

This vendor approval represents a major milestone for Lyken.AI, enabling the company to move forward with commercial engagements and positioning it to begin generating revenue in the first half of 2026 through the provision of production-grade AI cloud infrastructure and related services. The company expects an initial purchase order for hardware services to be placed in the near term, with follow-on orders anticipated.

"We are thrilled to have been approved as a vendor and to receive our official vendor code from this global technology and telecommunications leader," said Kurtis Krack, president of Lyken.AI. "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."

About Alset AI Ventures Inc.

Alset AI is an AI-focused venture investment platform dedicated to sourcing, financing and developing companies across the artificial intelligence value chain. The company seeks to provide investors with diversified exposure to emerging applications and infrastructure that enable advancements in AI technologies.

We seek Safe Harbor.