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AI Technology Solutions delays cash breakeven to January 2027, cuts 17 jobs
AITXArtificial Intelligence Technology Solutions Inc.
Artificial Intelligence Technology Solutions Inc. delayed its first internal operating milestone—monthly operating cash breakeven—from December 2026 to January 2027. The company also announced a reduction in force of approximately 17 positions in October 2026, expanding on prior cuts, and raised its monthly cash spend reduction target to more than $350,000 per month starting February 2027. Second-quarter revenue was $1.99 million, up 8% sequentially. The company operates AI-driven security and productivity solutions for enterprise clients.