Alset AI Ventures Pushes Ahead with Lyken Platform to Bolster Canada's AI Goals

Alset AI Ventures Inc. has announced the continued rollout of its Lyken.AI cloud platform, addressing Canada's need for AI infrastructure. The Vancouver-based AI venture company aims to bridge the country's substantial compute capacity gap, aligning with the Canadian Government's AI Sovereign Compute Strategy launched in April 2024.

Lyken.AI focuses on secure, scalable, and compliant infrastructure based in Canadian data centers. This initiative is expected to reduce Canada's dependence on foreign compute providers, addressing gaps in domestic innovation and competitiveness.

Alset AI is actively negotiating new data center deployments across Canada to meet rising demand. Partnering with Excel Computility enhances Lyken's capabilities by integrating NVIDIA GPU clusters, expediting client deployment times.

CEO Adam Ingrao remains confident, as reflected by his recent personal investment in the company, and emphasizes the strategic importance of rolling out a Canada-first initiative for AI infrastructure.