Earnings ·
Core AI Holdings reported second-quarter 2026 financial results on August 28, 2026, highlighting a 56% year-over-year…
CHAICore AI Holdings, Inc.
Core AI Holdings reported second-quarter 2026 financial results on August 28, 2026, highlighting a 56% year-over-year revenue increase to $22.4 million from $14.3 million in Q2 2025. Gross loss narrowed by 97% to approximately $11,000 compared to $397,000 in the prior-year period, bringing gross margin close to breakeven as revenue growth outpaced cost increases. Net loss widened to $1.6 million from $758,000, while net cash provided by operating activities for the first six months reached $5.5 million against $2.4 million used in the prior year. Cash and equivalents rose to $12.0 million as of June 30, 2026, supported by a private placement raising approximately $4.6 million. The company also advanced its strategic expansion into AI infrastructure through four joint venture agreements for high-performance computing data centers during the first half of 2026. Core AI Holdings operates in the global artificial intelligence technology and infrastructure industry, focusing on AI-driven mobile gaming and high-performance computing development.