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Sui developer Mysten Labs launches AI division; former CEO becomes CTO

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October 17, 2026
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Huoxing Finance reviews that on October 17, Evan Cheng, CEO of Mysten Labs, the event crew behind Sui, introduced that the corporate will formally set up an AI enterprise division targeted on creating agent belief merchandise and native AI infrastructure. Concurrently, Kevin Boon, President of Mysten Labs, will assume the function of CEO, whereas Evan Cheng will transition to Chief Know-how Officer (CTO) and lead the brand new AI enterprise division. Evan Cheng acknowledged that as AI brokers start autonomously executing duties akin to buying and selling, funds, negotiations, and code improvement, guaranteeing brokers act inside licensed boundaries, stopping unintended hurt, and resolving legal responsibility points amongst collaborating events have change into crucial challenges for the trade. Mysten Labs plans to construct associated merchandise on Sui and Walrus to assist people and enterprises constrain agent habits and allow brokers to securely carry out duties with out real-time human intervention. Moreover, Mysten Labs not too long ago introduced a collaboration with Google Cloud to develop a Verifiable Agent Arbiter (VAA), offering an proof layer for enterprise AI brokers by tamper-proof information to help in resolving disputes in cross-organizational collaboration. Evan Cheng believes that AI agent-driven enterprise actions maintain large potential, however belief mechanisms and incentive alignment stay the first boundaries to their scalable adoption.



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