Core AI Holdings (CHAI) Company Report

Analyst Coverage

Research analysts covering Core AI Holdings.

Recent press releases and 8-K filings for CHAI.

Core AI Holdings, Inc. Announces Planned Partnership for AI Data Center Expansion in Malaysia

CHAI

New Projects/Investments

Revenue Acceleration/Inflection

Core AI Holdings, Inc. (CHAI) has entered into a Memorandum of Understanding (MOU) with CSPM Resources SDN BHD to pursue next-generation AI-ready data center opportunities in Malaysia.
This partnership marks a key milestone in Core AI's global AI data center initiative, aiming to capitalize on Malaysia's data center market, which is projected to grow from $4 billion in 2024 to $13.6 billion by 2030.
The collaboration plans to retrofit existing edge computing data centers into Tier 3 or Tier 4 AI-capable facilities, potentially achieving operational readiness in approximately 12 months.

3 days ago

Core AI Holdings, Inc. Divests Siyata Mobile

CHAI

M&A

New Projects/Investments

Core AI Holdings, Inc. (CHAI) completed the divestiture of Siyata Mobile Inc. and its subsidiaries on December 29, 2025, as a strategic action to streamline operations and concentrate on its core artificial intelligence initiatives.
This divestiture is expected to eliminate approximately $12 million in annual cash burn and materially reduce losses.
Core AI received $100,000 in initial cash consideration and is entitled to three separate annual earn-out payments, each being the greater of $200,000 or 1% of Siyata's gross revenue during the applicable earn-out period.
Based on unaudited pro forma financial information as of September 30, 2025, the divestiture would have reduced the net loss for the nine months ended September 30, 2025, from $12.5 million to $4.8 million, representing an $8.7 million improvement. Total assets would have decreased by $20.0 million to $31.6 million, and total liabilities by $4.1 million to $18.3 million.