Alset AI shares surge 13.96% after-hours after Lyken.AI unit gains vendor status with major tech firm.

Alset AI Ventures Inc. surged 13.96% in after-hours trading following the announcement that its Lyken.AI division was approved as a qualified vendor by a leading multinational technology and telecommunications company. The vendor approval, which includes an official vendor code, enables Lyken.AI to pursue commercial contracts and anticipate initial hardware purchase orders in the near term, with revenue generation expected in the first half of 2026. The press release highlighted the strategic significance of the milestone, emphasizing Lyken.AI’s end-to-end AI cloud infrastructure capabilities and positioning for follow-on orders. The news directly aligns with the stock’s upward movement, underscoring improved commercial prospects and operational scalability for the company.