Core AI Holdings, Inc.

Core AI Holdings, Inc. announced the appointment of Arie Goor, CPA, MBA, as its new Chief Financial Officer, effective July 1, 2026. Mr. Goor brings over 15 years of executive financial leadership experience across biotechnology, medical device, and technology sectors, including prior CFO roles at Regentis Biomaterials and Revium Rx. This appointment is expected to strengthen the company's financial leadership as it scales operations, expands market presence, and executes its long-term growth strategy.

Core AI Holdings, Inc. reported a significant increase in net loss for the first quarter of 2026, reaching $3.63 million, compared to a net loss of $0.10 million in the same period last year. Revenue saw a substantial decline to $3.77 million from $14.51 million year-over-year. The company's total assets decreased, and it reported negative total equity of $0.54 million as of March 31, 2026, with an accumulated deficit of $35.59 million. Management has raised substantial doubt about the company's ability to continue as a going concern.

Core AI Holdings, Inc. announced the appointment of John Clinton Haley, Co-Founder and CEO of Allianca Group Inc., to its Advisory Board. This appointment follows Core AI's recent strategic joint venture with Allianca, aimed at accelerating the development of AI-ready data center infrastructure. Haley brings extensive experience in hyperscale data center development, having overseen over 720 MW of capacity globally and managed project portfolios exceeding $6 billion at Allianca and held leadership roles at Meta Platforms. His expertise is expected to be crucial for Core AI's growth strategy in the rapidly expanding AI infrastructure market, further strengthening the strategic relationship between the two companies.

Core AI Holdings, Inc. announced the pricing and closing of a registered direct offering, raising approximately $5.4 million in gross proceeds. The company sold 1,969,444 common shares and pre-funded warrants for 3,975,000 common shares to an institutional investor, with proceeds earmarked for AI technology and infrastructure initiatives and general working capital. Additionally, Core AI launched HomeGPT, an AI home design app, which saw over 6x user growth to 130,000 during its beta phase and a 210% increase in paid conversions.

Core AI Holdings, Inc. announced the launch of HomeGPT, an AI-powered home design and renovation application. The company reported rapid growth during its three-month open beta, with active users increasing from approximately 2,000 to over 130,000 across North America, Japan, and South Korea, representing over 6x growth. Paid conversion also saw a significant increase of approximately 210%, with users generating more than 380,000 AI design tasks.

Core AI Holdings, Inc. announced it has entered into a securities purchase agreement with a new fundamental institutional investor to raise approximately $5.4 million. The offering includes 1,969,444 common shares and 3,975,000 pre-funded warrants. The company plans to use the proceeds to advance its AI technology and infrastructure initiatives, as well as for general working capital purposes. The closing of the offering is anticipated on or about June 11, 2026.

Core AI Holdings reported a significant 58.6% increase in revenue from continuing operations, reaching $55.2 million for the fiscal year ended December 31, 2025. This growth reflects expanded operational scale and AI platform initiatives. The company underwent a transformational year, divesting its underperforming Siyata PTT business and incurring a net loss of $24.4 million from discontinued operations due to restructuring and related charges. Management emphasized the strategic repositioning towards AI infrastructure for long-term shareholder value.

Core AI Holdings announced its fiscal year 2025 financial results, reporting a 58.6% year-over-year increase in revenue from continuing operations to $55.2 million. The year was marked by a transformational strategic repositioning towards an AI infrastructure-focused enterprise, including the divestment of the Siyata PTT business. While these restructuring activities led to a gross profit loss from continuing operations and a significant net loss from discontinued operations, management believes these actions establish a framework for long-term shareholder value creation in the AI market.

Core AI Holdings, Inc. appointed Sonali Garg, Co-Founder and COO of Allianca Group Inc., to its Advisory Board. This appointment strengthens the recently announced strategic joint venture between Core AI and Allianca to deliver AI-ready data center capacity. Ms. Garg brings extensive operational expertise, having overseen the delivery of over 720 MW of data center capacity and managed annual project portfolios exceeding $6 billion. Her experience at Meta and Google will be instrumental in advancing Core AI's AI infrastructure platform.

Core AI Holdings, Inc. announced a strategic joint venture with Allianca Group Inc., an infrastructure advisory and execution firm. The partnership aims to position both companies at the forefront of the global race to deploy AI-ready digital infrastructure, combining Core AI's AI-native expertise and capital markets knowledge with Allianca's proven turnkey delivery model. This collaboration is designed to accelerate development timelines, mitigate execution risks, and deliver AI-ready capacity faster to meet market demand, addressing complexities like energy procurement and supply chain constraints.