Core AI Holdings Stock Surges Following Q2 Results and Infrastructure Expansion - Core AI Holdings (NASDA

Core AI Holdings (NASDAQ:CHAI) shares jumped sharply Friday afternoon as investors digested its second-quarter results and an expansion into AI infrastructure. The company reported revenue up 56% year over year to $22.4 million, supported by advertising performance across its core mobile gaming ecosystem. Gross loss narrowed 97% to about $11,000, bringing gross margin close to breakeven as top-line growth outpaced underlying service costs. Core AI also generated cash: net cash from operating activities reached $5.4 million for the first six months of 2026, lifting total cash and cash equivalents to $12 million as of June 30. Sentiment was reinforced by four joint venture agreements in the first half of 2026 to develop and operate AI data centers. At publication, shares were up 54.99% to 39 cents, per Benzinga Pro.