Core AI Holdings Sells Siyata Mobile to Refocus on AI Growth

Reuters

Dec 29, 2025

Core AI Holdings Sells <a href="https://laohu8.com/S/SYTAW">Siyata Mobile</a> to Refocus on AI Growth

Core AI Holdings Inc., a global AI-driven mobile games developer and publisher, has completed the divestiture of Siyata Mobile Inc. and its subsidiaries. The transaction is effective immediately and is intended to streamline operations and allow the company to focus on its core artificial intelligence initiatives. As a result of the divestiture, Core AI’s annual cash burn will be reduced by approximately $12 million, and its net loss for the nine months ended September 30, 2025, improved by $8.7 million. The company will receive an initial $100,000 in cash and annual earn-out payments based on Siyata’s future gross revenue. Core AI’s CEO, Aitan Zacharin, stated that this move positions the company to invest more aggressively in its AI platform and pursue targeted growth initiatives.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Core Ai Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9617758-en) on December 29, 2025, and is solely responsible for the information contained therein.

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While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Core Ai Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9617758-en) on December 29, 2025, and is solely responsible for the information contained therein.</span></i>\n</p>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00B3QW5Z07.USD","symbol_name":"GUINNESS GLOBAL MONEY MANAGERS \"C\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251229:nNDL2q2328:1","article_id":"2595802817","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2595802817","pubTimestamp":1767013334,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Core AI Holdings Inc., a global AI-driven mobile games developer and publisher, has completed the divestiture of Siyata Mobile Inc. and its subsidiaries. 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The transaction is effective immediately and is intended to streamline operations and allow the company to focus on its core artificial intelligence initiatives. As a result of the divestiture, Core AI’s annual cash burn will be reduced by approximately $12 million, and its net loss for the nine months ended September 30, 2025, improved by $8.7 million. The company will receive an initial $100,000 in cash and annual earn-out payments based on Siyata’s future gross revenue. Core AI’s CEO, Aitan Zacharin, stated that this move positions the company to invest more aggressively in its AI platform and pursue targeted growth initiatives.\n      \n\n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. 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