Thank you for your continuing help.
That little program didn't work so well:

Even with this output, I tried to reinstall AI suite and still no success. The same thing happens, which is nothing.
But there's a silver lining in your last suggestion. I just reverted to BIOS 8101 and AI Suite installer now opens.
So there you go, for anyone that comes into this thread. If you have AI suite installed and upgrade the BIOS all is well. But if you have a fresh windows installation and the latest BIOS AI Suite installers won't work.
I must also point out that the system flakiness that I was experiencing since the crash is immediately gone. This was something that was not happening right after installing the latest BIOS, but only later. Regardless I would say and advice for ASUS ROG Crossair VI Hero users to stay away from the latest BIOS.
I will leave my machine information here nonetheless in case someone with the same motherboard faces the same issue.
Here's my setup information:
Motherboard: Asus rog crossair VI Hero
CPU - AMD RYZEN 7 1700 3.0Ghz
GPU - GeForce GTX 1080 8GB (
https://www.techpowerup.com/gpu-specs/palit-gtx-1080-jetstream.b3613)
PSU - Cooler Master V550 (550 watt)
OS drive - Samsung 980 Pro 1TB M.2
RAM - Crossair Vengance 16GB (8GB x2) CMK16GBX4M2B3200C16 3200Mhz DD4 Ver. 5.22
OS:
- Windows 10 Home
- Version 21H2
- OS build 19044.2075
- Experience Windows Feature Experience Pack 120.2212.4180.0