Alset AI Ventures Appoints Kurtis Krack as President of Lyken.AI

Alset AI Ventures Inc. has announced the appointment of Kurtis Krack as the new President of its cloud computing business, Lyken.AI. Krack, a seasoned executive with over two decades of experience, previously worked with companies such as Denvr Dataworks and EMC. He is expected to lead the expansion of Lyken’s platform-as-a-service (PaaS) and infrastructure strategy to support commercial growth.

Krack's significant experience in IT infrastructure and cloud adoption will be instrumental as he spearheads the development of Lyken’s market roadmap and scales its infrastructure footprint in North America. He aims to deepen partner integrations within the AI compute ecosystem to accelerate the company's growth.

Adam Ingrao, CEO of Alset AI, expressed confidence in Krack's leadership to navigate the market demands for speed and execution. The appointment is pending approval from the TSX Venture Exchange.