STOCK TITAN

HUMBL, Inc. Announces Joint Venture Agreement with MultiCortex to Expand its Artificial Intelligence (AI) Distribution

Rhea-AI Impact
(Moderate)
Rhea-AI Sentiment
(Positive)
Tags
AI

HUMBL Inc (OTC: HMBL) has announced a joint venture agreement with MultiCortex, an AI and high-performance computing company based in the US and Brazil. HUMBL will hold a 51% equity stake in the venture, with MultiCortex co-founders retaining 49%.

HUMBL plans to invest up to $3 million USD from its upcoming Regulation A+ offering to support market initiatives. The partnership focuses on commercializing MultiCortex's proprietary 'Forest of Algorithms' - a federated large language model platform that integrates multiple AI systems.

The AI system will be distributed globally through major cloud marketplaces including AWS, Google Cloud, Oracle Cloud, and Microsoft Azure. MultiCortex CTO Alessandro Faria, a member of the Intel International Council, has developed technologies processing over 100 million biometric identities. The venture aims to expand MultiCortex's presence in the US market and develop tailored AI solutions for enterprise clients.

HUMBL Inc (OTC: HMBL) ha annunciato un accordo di joint venture con MultiCortex, un'azienda di intelligenza artificiale e calcolo ad alte prestazioni con sede negli Stati Uniti e in Brasile. HUMBL deterrà una partecipazione azionaria del 51% nella joint venture, mentre i co-fondatori di MultiCortex manterranno il 49%.

HUMBL prevede di investire fino a 3 milioni di dollari USA dal suo prossimo offerta di Regolamento A+ per sostenere iniziative di mercato. La partnership si concentra sulla commercializzazione del 'Forest of Algorithms' di MultiCortex - una piattaforma di modelli linguistici di grandi dimensioni federati che integra più sistemi di intelligenza artificiale.

Il sistema di intelligenza artificiale sarà distribuito a livello globale attraverso i principali marketplace cloud, tra cui AWS, Google Cloud, Oracle Cloud e Microsoft Azure. Il CTO di MultiCortex, Alessandro Faria, membro del Consiglio Internazionale Intel, ha sviluppato tecnologie che elaborano oltre 100 milioni di identità biometriche. La joint venture mira ad espandere la presenza di MultiCortex nel mercato statunitense e a sviluppare soluzioni di intelligenza artificiale su misura per i clienti aziendali.

HUMBL Inc (OTC: HMBL) ha anunciado un acuerdo de joint venture con MultiCortex, una empresa de inteligencia artificial y computación de alto rendimiento con sede en EE. UU. y Brasil. HUMBL poseerá una participación del 51% en la empresa conjunta, mientras que los cofundadores de MultiCortex retendrán el 49%.

HUMBL planea invertir hasta 3 millones de dólares estadounidenses de su próxima oferta de Regulación A+ para apoyar iniciativas en el mercado. La asociación se centra en comercializar el 'Forest of Algorithms' de MultiCortex, una plataforma de modelos de lenguaje grande federados que integra múltiples sistemas de inteligencia artificial.

El sistema de inteligencia artificial se distribuirá globalmente a través de los principales mercados en la nube, incluidos AWS, Google Cloud, Oracle Cloud y Microsoft Azure. El CTO de MultiCortex, Alessandro Faria, miembro del Consejo Internacional de Intel, ha desarrollado tecnologías que procesan más de 100 millones de identidades biométricas. La empresa conjunta tiene como objetivo expandir la presencia de MultiCortex en el mercado estadounidense y desarrollar soluciones de inteligencia artificial personalizadas para clientes empresariales.

HUMBL Inc (OTC: HMBL)는 미국과 브라질에 본사를 둔 인공지능 및 고성능 컴퓨팅 회사인 MultiCortex와 합작 투자 계약을 발표했습니다. HUMBL은 이 합작 투자에서 51%의 지분을 보유하게 되며, MultiCortex의 공동 창립자는 49%를 유지합니다.

HUMBL은 시장 이니셔티브를 지원하기 위해 다가오는 Regulation A+ 공모에서 최대 300만 달러를 투자할 계획입니다. 이 파트너십은 MultiCortex의 독점 'Forest of Algorithms'를 상용화하는 데 중점을 두고 있으며, 이는 여러 인공지능 시스템을 통합한 연합형 대형 언어 모델 플랫폼입니다.

이 인공지능 시스템은 AWS, Google Cloud, Oracle Cloud 및 Microsoft Azure와 같은 주요 클라우드 마켓플레이스를 통해 전 세계적으로 배포될 예정입니다. MultiCortex의 CTO인 Alessandro Faria는 Intel 국제 위원회의 일원으로, 1억 개 이상의 생체 인식 정보를 처리하는 기술을 개발했습니다. 이 합작 투자의 목표는 MultiCortex의 미국 시장 내 존재감을 확장하고 기업 고객을 위한 맞춤형 인공지능 솔루션을 개발하는 것입니다.

HUMBL Inc (OTC: HMBL) a annoncé un accord de coentreprise avec MultiCortex, une entreprise d'intelligence artificielle et de calcul haute performance basée aux États-Unis et au Brésil. HUMBL détiendra une participation de 51% dans la coentreprise, les cofondateurs de MultiCortex conservant 49%.

HUMBL prévoit d'investir jusqu'à 3 millions de dollars USD de son prochain offre de Réglementation A+ pour soutenir des initiatives de marché. Le partenariat se concentre sur la commercialisation de 'Forest of Algorithms' de MultiCortex - une plateforme de modèles linguistiques de grande taille fédérés qui intègre plusieurs systèmes d'IA.

Le système d'IA sera distribué à l'échelle mondiale via les principaux marchés cloud, y compris AWS, Google Cloud, Oracle Cloud et Microsoft Azure. Le CTO de MultiCortex, Alessandro Faria, membre du Conseil International d'Intel, a développé des technologies traitant plus de 100 millions d'identités biométriques. La coentreprise vise à accroître la présence de MultiCortex sur le marché américain et à développer des solutions d'IA sur mesure pour les clients d'entreprise.

HUMBL Inc (OTC: HMBL) hat eine Joint-Venture-Vereinbarung mit MultiCortex angekündigt, einem Unternehmen für künstliche Intelligenz und Hochleistungsrechnen mit Sitz in den USA und Brasilien. HUMBL wird eine Beteiligung von 51% an dem Joint Venture halten, während die Mitbegründer von MultiCortex 49% behalten werden.

HUMBL plant, bis zu 3 Millionen USD aus seinem bevorstehenden Regulation A+-Angebot zu investieren, um Marktinitiativen zu unterstützen. Die Partnerschaft konzentriert sich auf die Kommerzialisierung von MultiCortex' proprietärem 'Forest of Algorithms' - einer föderierten Plattform für große Sprachmodelle, die mehrere KI-Systeme integriert.

Das KI-System wird weltweit über große Cloud-Marktplätze wie AWS, Google Cloud, Oracle Cloud und Microsoft Azure vertrieben. Der CTO von MultiCortex, Alessandro Faria, ein Mitglied des Intel International Council, hat Technologien entwickelt, die über 100 Millionen biometrische Identitäten verarbeiten. Das Joint Venture hat das Ziel, die Präsenz von MultiCortex auf dem US-Markt auszubauen und maßgeschneiderte KI-Lösungen für Unternehmenskunden zu entwickeln.

Positive
  • Acquisition of 51% controlling stake in an AI technology company
  • Access to established AI technology with proven track record (100M+ biometric identities processed)
  • Distribution agreements with major cloud platforms (AWS, Google, Oracle, Microsoft)
  • Strategic expansion into US and Latin American markets
Negative
  • Required $3M investment from future Regulation A+ offering (potential dilution)
  • Dependency on successful completion of planned public offering for funding

San Diego, CA, April 08, 2025 (GLOBE NEWSWIRE) -- HUMBL, Inc. (OTC: HMBL) is pleased to announce a joint venture agreement with MultiCortex, LLC, a U.S. and Brazilian-based company specializing in artificial intelligence (AI) and high-performance computing.

Under the terms of the agreement, HUMBL, Inc. will hold a 51% equity stake in the joint venture, while MultiCortex co-founders Bruno Ghizoni and Alessandro Faria will retain 49% and lead daily operations. HUMBL, Inc. will invest up to $3 million USD from its upcoming Regulation A+ public offering to support go-to-market initiatives and expansion.

The partnership will enable MultiCortex to further complete and commercialize its proprietary “Forest of Algorithms” — a federated large language model (LLM) platform designed to integrate multiple AI systems into a unified, intelligent framework.

Developed by MultiCortex CTO Alessandro Faria, the “Forest of Algorithms” enables seamless orchestration of diverse LLMs and has been recognized by NVIDIA for its innovation. The federated AI system will be distributed globally through major cloud marketplaces, including AWS, Google Cloud, Oracle Cloud, and Microsoft Azure.

Mr. Faria, a globally recognized leader in biometric AI and a member of the Intel International Council, has led the development of technologies that have processed over 100 million biometric identities. MultiCortex is a recognized partner of AWS and Intel, and is committed to delivering advanced AI solutions through global cloud ecosystems and enterprise channels.

“This venture allows us to take cutting-edge AI and deliver it globally through our commercial reach in the United States and Latin America,” said Thiago Moura, CEO of HUMBL, Inc. “Together, the companies aim to shape the future of AI through an integrated, collaborative model that prioritizes interoperability over competition.”

Looking ahead, the joint venture will support MultiCortex in expanding its sales, strategic partnerships, and financing capabilities within the U.S. market. It will also drive the development of tailored AI integrations for enterprise clients across specific use cases and industry verticals.

About HUMBL, Inc.

HUMBL, Inc. is shifting toward a shareholder value-centric model under the leadership of CEO Thiago Moura, Principal of Ybyra Capital — a Brazilian holding company with diversified investments, such as commodities and mining.

The company’s unique structure enables it to create two-way distribution pipelines throughout the United States and Latin America, leveraging Ybyra Capital’s established regional presence to offer strategic partners immediate access to high-growth markets.

About MultiCortex, LLC

MultiCortex, LLC is a U.S. and Brazilian-based artificial intelligence and high-performance computing company focused on developing advanced federated AI platforms. Co-founded by Bruno Ghizoni and Alessandro Faria, the company is the creator of the Forest of Algorithms — a proprietary system designed to integrate multiple large language models (LLMs) into a unified AI environment. Mr. Faria is a globally respected innovator in biometric AI and has served on the Intel International Council. Mr. Faria has developed Forest of Algorithms for the biometric sector, processing over 100 million individuals, and the company is a trusted partner of AWS and Intel.

MULTICORTEX | HPC FOR AI

HUMBL, Inc. (OTC: HMBL)
Investor Relations: IR@humbl.com
Media Contact: Media@humbl.com

Safe Harbor Statement

This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact included herein are forward-looking statements. These forward-looking statements are identified by the use of words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan,” “predict,” “potential,” “continue,” “may,” “will,” “could,” and similar expressions. All forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed in such statements. Factors that could cause actual results to differ materially include, but are not limited to, risks and uncertainties associated with the ability to achieve the anticipated benefits of the joint venture, competitive conditions, and general market dynamics. HUMBL, Inc. disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by law.


FAQ

What is the ownership structure of the HMBL-MultiCortex joint venture?

HUMBL Inc (HMBL) will hold 51% equity stake, while MultiCortex co-founders Bruno Ghizoni and Alessandro Faria will retain 49% and lead daily operations.

How much is HMBL investing in the MultiCortex joint venture?

HUMBL plans to invest up to $3 million USD from its upcoming Regulation A+ public offering.

Which cloud platforms will distribute MultiCortex's AI system?

The AI system will be distributed through AWS, Google Cloud, Oracle Cloud, and Microsoft Azure.

What is MultiCortex's main AI technology in the HMBL partnership?

MultiCortex's 'Forest of Algorithms' - a federated large language model platform that integrates multiple AI systems into a unified framework.
Humbl Inc

OTC:HMBL

HMBL Rankings

HMBL Latest News

HMBL Stock Data

9.07M
29.73B
4.4%
0%
Software - Application
Technology
Link
United States
San Diego