09/16/2025 – 07:30 AM

Formerly at Denvr Dataworks Corp., OnX, and EMC/Dell, Krack Brings Deep Expertise in Platform Expansion, Revenue Generation, and Large-scale Infrastructure Solutions

VANCOUVER, BRITISH COLUMBIA / ACCESS Newswire / September 16, 2025 / Alset AI Ventures Inc. (TSXV:GPUS)(OTC PINK:GPUSF)(FSE:1R60)(WKN:A3ESVQ) (“Alset AI” or the “Company”) an artificial intelligence (“AI“) venture company advancing innovation through strategic investment and cloud computing solutions is pleased to announce the appointment of Kurtis Krack as President of its flagship cloud compute business, Lyken.AI (“Lyken”),as of September 15, 2025. Krack, a seasoned technology executive with over 20 years of sector experience, joins Lyken to lead the company’s platform-as-a-service (“PaaS”) expansion, infrastructure scaling, and commercial growth strategy.

Krack’s background includes leadership roles at Denvr Dataworks, OnX Enterprise Solutions, and EMC, where he built and scaled enterprise IT infrastructure platforms, drove cloud adoption across Fortune 500 clients.

At Lyken.AI, Krack will be helping develop the company’s go-to-market roadmap, scaling the infrastructure footprint across Canada and North America, and deepening partner integrations across the AI compute ecosystem.

Adam Ingrao, Chief Executive Officer of Alset AI, commented: “Kurtis brings the perfect blend of enterprise experience and growth leadership to Lyken at a time when the market demands execution, speed, and scale. His proven track record of driving platform transformation and managing complex technology rollouts makes him the right leader to take Lyken into its next phase of growth. We’re excited to have him on board.”

Krack stated: “Joining Lyken.AI is an extraordinary opportunity to help buildout the critical infrastructure that underpins the future of artificial intelligence. The demand for scalable compute continues to grow and I look forward to working with the Lyken team to expand our platform. I look forward to working with the team to expand our platform, deepen our partner ecosystem, and accelerate revenue growth as we scale into the next phase.”

Mr. Krack’s appointment to Lyken is subject to the approval of the TSX Venture Exchange.

About Alset AI Ventures Inc.

Alset AI is a pioneering AI and cloud computing investment firm, committed to nurturing high- potential technology companies. Through a combination of capital, strategic advisory, and cloud computing alliances, Alset AI is shaping the future of artificial intelligence and building an AI-focused venture capital platform poised for substantial growth.

For further information about Alset AI Ventures Inc., please contact:

Investor Relations
Adam Ingrao
Chief Executive Officer
T: 236.312.6744
E: ir@alsetai.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note regarding Forward Looking Statements

This press release may contain certain forward-looking statements and forward-looking information (collectively, “forward-looking statements“) regarding the Company and Lyken, including statements about Mr. Krack’s anticipated role in developing Lyken’s go-to-market roadmap, scaling infrastructure across North America, deepening partner integrations within the AI compute ecosystems, and advancing Lyken’s next phase of growth. Forward-looking statements may also relate to Mr. Kracks’s plans to build AI critical infrastructure, collaborate with others to expand the Lyken platform, support revenue growth and scaling initiatives, and the Company’s ability to shape the future of artificial intelligence. Forward-looking statements normally contain words like “will”, “intend”, “anticipate”, “could”, “should”, “may”, “might”, “expect”, “estimate”, “forecast”, “plan”, “potential”, “project”, “assume”, “contemplate”, “believe”, “shall”, “scheduled”, and similar terms. These statements are only predictions. Various assumptions were used in drawing the conclusions or making the projections contained in the forward-looking statements throughout this press release.Forward-looking statements are not guarantees of future performance, actions, or developments and are based on expectations, assumptions, and other factors that management currently believes are relevant, reasonable, and appropriate in the circumstances. Although management believes that the forward-looking statements herein are reasonable, actual results could be substantially different due to the risks and uncertainties associated with and inherent to Alset AI’s business. Additional material risks and uncertainties applicable to the forward-looking statements herein include, without limitation, the impact of general economic conditions, and unforeseen events and developments. This list is not exhaustive of the factors that may affect the Company’s forward-looking statements. Many of these factors are beyond the control of Alset AI. All forward-looking statements included in this press release are expressly qualified in their entirety by these cautionary statements. The forward-looking statements contained in this press release are made as at the date hereof, and Alset AI undertakes no obligation to update publicly or to revise any of the included forward-looking statements, whether as a result of new information, future events, or otherwise, except as may be required by applicable securities laws. Risks and uncertainties about the Company’s business are more fully discussed under the heading “Risks and Uncertainties” in its most recent Management’s Discussion and Analysis and other disclosure documents available on SEDAR+ at www.sedarplus.ca.

SOURCE: Alset AI Ventures Inc.

View the original press release on ACCESS Newswire

This underscores a shift in strategy from reactive to proactive defense. Rather than waiting for attacks to occur and then scrambling to respond, Agentic AI can potentially identify vulnerabilities, predict attack patterns and implement countermeasures before threats can be exploited.

The speed advantage becomes increasingly important in cases like distributed denial-of-service (DDoS) attacks, an attempt to disrupt normal traffic of a server, service or network by overwhelming the target or its surrounding infrastructure with a flood of Internet traffic. When nation-state actors launch DDoS attacks to bring down networks, an agentic AI deployed at the network perimeter can potentially identify attack patterns, analyze traffic anomalies and modify firewall rules autonomously, thereby eliminating the response delays that typically allow attacks to succeed.

Strategic implementation: Building your agent defense network

Successfully deploying Agentic AI moves beyond a traditional “one-size-fits-all” approach. Instead, organizations should build teams of specialized agents, each designed with its own function that work within coordinated defense networks. This could be like the following:

AI Academy, a regional hub for executive education and leadership in AI, has opened early applications for its Executive Program for Chief AI Officer (CAIO)

The AI Academy, a regional hub for executive education and leadership in artificial intelligence, has opened early applications for its Executive Program for Chief AI Officer (CAIO). The AI Academy was first unveiled at the prestigious Machines Can See 2025 summit in the presence of His Excellency Sheikh Nahyan bin Mubarak Al Nahyan, Minister of Tolerance and Coexistence in the UAE. The new first-of-its-kind Executive program in the region will equip senior executives and decision-makers with the vision and expertise to drive the next wave of AI transformation. The latest research shows 69% of organizations in the Middle East plan to increase investment in AI, highlighting the urgent need for skilled leadership.

The executive program is launched under the strategic collaboration between the Abu Dhabi School of Management (ADSM) and Polynome AI Academy, reinforcing a regional commitment to shaping future-ready leadership as a global hub for AI adoption and regulation.

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The AI Academy will integrate NVIDIA’s expertise and technologies into select programs—reinforcing its mission to accelerate AI readiness and real-world deployment across the region.
The intensive two-week program is scheduled to begin on 16 November 2025 and includes 10 advanced modules covering AI systems architecture, enterprise deployment, governance frameworks, ethics, and public policy. With a strong emphasis on real-world application, the program prepares executives to lead cross-functional AI strategies and unlock innovation agendas across the MENA region. Participants will also have an opportunity to join an optional five-day international module in Europe or the United States as an extension of the main program, expanding their exposure to leading global innovation ecosystems.

Polynome Group ensures participants gain exclusive access to enterprise-grade AI infrastructure, global best practices, and hands-on deployment insights. This uniquely positions The AI Academy’s Executive Program at the intersection of education and execution. With Chief AI Officers already appointed across government entities and corporates in the region, the program is a catalyst for national AI strategies and government visions which seek to position the Middle East at the forefront of global AI and digital transformation.

“In today’s fast-changing landscape, visionary and strategic leadership is critical to unlocking the full potential of AI in a responsible way that meets the needs of businesses and society alike,” said Dr. Tayeb Kamali, Chairman of the Board of Trustees at ADSM. “This program equips leaders with the strategic foresight, ethical foundation, and practical skills required to leverage the exciting opportunities AI creates, while strengthening the Middle East’s role as a global hub for technological excellence.”

“What makes this program unique is that it was designed by leaders who have implemented AI at scale,” added Alexander Khanin, Founder of Polynome Group. “Participants will leave with execution-ready strategies, direct access to enterprise tools, and membership in a powerful peer network of global AI leaders.”

From Global Expertise and Industry Depth To Local Context
The program’s instructors unite world-class expertise from academia, government, and industry. Professors and researchers from leading institutions such as Oxford University, ETH Zurich, Khalifa University and Carnegie Mellon University contribute deep academic insight. Alongside them, Chief AI Officers, Heads of Technology, Vice Presidents and Executive Directors from top AI organizations, including NVIDIA, the UAE Cybersecurity Council, X, G42, NASA JPL, Mubadala, AMD, e&, HCLTech and others, bring practical leadership and industry perspective. Together, this distinguished panel highlights the program’s global influence on AI strategy and governance.

Exclusive Access to Global Network
Graduates will join an exclusive global alumni circle of Chief AI Officers and senior leaders, gaining lifelong access to a peer network shaping the next decade of AI transformation across industries and geographies.

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