Welcome to our dedicated page for Core AI Holdings news (Ticker: CHAI), a resource for investors and traders seeking the latest updates and insights on Core AI Holdings stock.
Core AI Holdings reports company developments across its AI technology platform, Core Gaming subsidiary, data center initiatives, and digital media expansion. Recent company updates have covered strategic joint ventures for AI-ready data center capacity, sovereign infrastructure for research universities, and partnerships tied to high-performance computing and artificial intelligence workloads.
News about Core AI also includes corporate actions following its transition from the former Siyata Mobile Inc., including the completed divestiture of Siyata Mobile and subsidiaries, the formation of Core Digital for AI-driven digital marketing, business updates, and advisory-board additions related to infrastructure execution.
Core AI (Nasdaq: CHAI) launched HomeGPT, an AI home design and renovation app now available on Apple iTunes and Google Play.
Open beta users grew from about 2,000 to over 130,000 with paid conversion up ~210% and more than 380,000 AI design tasks completed.
Core AI Holdings (NASDAQ:CHAI) priced a registered direct offering with a new institutional investor, raising approximately $5.4 million gross.
The deal covers 1,969,444 common shares and 3,975,000 pre-funded warrants, expected to close around June 11, 2026. Proceeds will fund AI technology, infrastructure initiatives, and working capital.
Core AI Holdings (Nasdaq: CHAI) reported 2025 revenue from continuing operations of $55.2 million, a 58.6% year-over-year increase from $34.8 million. The company executed a strategic shift toward AI infrastructure, divesting the underperforming Siyata PTT business and undertaking extensive restructuring.
Continuing operations generated a gross profit loss of approximately $(302,662). Discontinued Siyata PTT operations produced about $3.0 million in revenue, $878,000 in gross profit, and a net loss of roughly $24.4 million, driven by transaction, restructuring, financing, inventory impairment, and repositioning costs.
Core AI (Nasdaq: CHAI) appointed Sonali Garg, co‑founder and COO of Allianca, to its Advisory Board on May 5, 2026, strengthening operational ties after a strategic joint venture between the companies.
Ms. Garg has overseen delivery of 720 MW of data center capacity, managed annual project portfolios > $6 billion, and led program scaling at Meta from $2B to $10B.
Core AI (Nasdaq: CHAI) formed a strategic joint venture with Allianca Group on April 14, 2026 to deliver integrated, AI-ready data center infrastructure.
The JV combines Core AI's AI-native strategy and capital markets expertise with Allianca's turnkey delivery model, a >$6 billion annual project portfolio and >720 MW of delivered capacity, aiming to compress timelines, reduce execution risk, and accelerate deployment in high-priority markets.
Core AI Holdings (Nasdaq: CHAI) announced a strategic joint venture with Toto DTS on March 23, 2026 to build scalable, energy-optimized data center campuses for AI and HPC workloads.
The JV leverages Toto DTS's operational track record (253 data centers, 4.5 gigawatts installed IT capacity) and Core AI's AI-native infrastructure focus, with an update on the JV's first campus expected in the coming weeks.
Core AI Holdings (Nasdaq: CHAI) announced a joint venture with Optimus Technology Group to form OptiCore Datacenters, launching March 12, 2026. The JV will develop sovereign, high-performance data centers targeted at the 187 R1-designated U.S. universities to support advanced AI and machine learning research and federal collaborations.
OptiCore aims to meet high security and performance standards for campus-proximate infrastructure, enabling work on LLMs, predictive modeling and federally funded projects including DARPA-linked research, while creating a platform for Core AI's long-term commercial expansion in AI infrastructure.
Core AI (Nasdaq: CHAI) entered an MOU with Malaysian data center developer CSPM on Feb 4, 2026 to pursue retrofits and expansions of existing edge facilities into AI-ready Tier 3/4 data centers.
The collaboration targets faster deployment—operational readiness in ~12 months—and aims to serve hyperscalers or sell upgraded facilities amid a Malaysia market projected to grow from $4B (2024) to $13.6B by 2030 (CAGR 22.4%).
Core AI Holdings (Nasdaq: CHAI) announced it has signed and closed a definitive agreement to divest Siyata Mobile and subsidiaries effective December 29, 2025.
The company said the divestiture eliminates approximately $12 million in annual cash burn, reduces net loss for the nine months ended September 30, 2025 from $12.5M to $4.8M (an $8.7M improvement), and simplifies the balance sheet. Transaction consideration includes $100,000 cash up front plus three annual earn-outs equal to the greater of $200,000 or 1% of Siyata gross revenue per year, as reported in audited IFRS financials.
Pro forma balance-sheet changes: total assets declined by $20.0M (to $31.6M) and total liabilities declined by $4.1M (to $18.3M).
Core AI (Nasdaq: CHAI) will host an investor conference call on Thursday, December 4, 2025 at 4:00 p.m. Eastern Time to review operational progress and preview the company's 2026 outlook and strategic priorities aimed at long-term growth.
Dial-in and webcast details are provided for both domestic and international participants, and a replay will be available with the listed passcode.