STOCK TITAN

Video News Release: EdgeMode and BlackBerry AIF announce intention to merge to create BLACK AI – a single publicly listed AI data center infrastructure platform

(Very High)
(Neutral)

EdgeMode (EDGM) announced the intended merger of EdgeMode and BlackBerry AIF to form BLACK AI, a single publicly listed AI data center infrastructure platform. The combination is subject to final commercial terms from due diligence, definitive agreements, and customary closing conditions.

According to EdgeMode, the new platform aims to address rapidly growing AI data and energy needs. EdgeMode contributes a portfolio of next-generation tier-3-ready AI campuses in Europe and the Americas with over 4GW of planned capacity, powered by off-grid Solid Oxide Fuel Cell technology. BlackBerry AIF is expected to add expertise in renewable energy, infrastructure, real estate, and green data centers. The intended merger underpins BLACK AI’s “Vision 2035” strategy to develop, deliver, and ultimately own AI infrastructure assets, initially focusing on Spain and Panama with plans to expand into other international markets.

Loading...
Loading translation...

Positive

  • Planned merger to form BLACK AI as a single listed AI infrastructure platform
  • EdgeMode portfolio includes over 4GW of planned tier-3-ready AI campus capacity
  • Use of off-grid Solid Oxide Fuel Cell technology for AI campuses
  • BlackBerry AIF adds renewable energy, infrastructure, and green data center expertise
  • Clear long-term strategy via Vision 2035 to own AI infrastructure assets

Negative

  • Merger remains subject to due diligence, definitive agreements, and closing conditions
  • No financial terms, valuation, or expected timeline for closing are disclosed

News Market Reaction – EDGM

-28.57%
-28.57% Session close to close

In the Jul 28 session, EDGM declined 28.57%, reflecting a significant negative market reaction.

Data tracked by StockTitan Argus on the day of publication.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google
Add on Google

Fulfilling the growing data and energy demands of the AI industry, which is driving one of the largest investment cycles the world has ever seen!

FORT LAUDERDALE, Fla., July 28, 2026 (GLOBE NEWSWIRE) -- Hear from Charlie Faulkner, CEO of EdgeMode, as he announces the intended merger of EdgeMode and BlackBerry AIF to create a single publicly listed AI data center infrastructure platform to be known as BLACK AI, subject to final commercial terms from due diligence, definitive agreements, and customary closing conditions.

  • Together, EdgeMode and BlackBerry AIF will create a globally leading AI data center infrastructure platform with the scale, expertise, and ambition to meet the rapidly growing demand of the AI industry.
    • Already, EdgeMode has a portfolio of sites for developing next-generation tier-3-ready AI campuses in Europe and the Americas with over 4GW of capacity, all powered by off-grid Solid Oxide Fuel Cell (SOFC) technology.
    • BlackBerry AIF brings exceptional expertise, commercial insight, and project development capability in renewable energy, infrastructure, real estate, and green data centers.
  • According to Charlie Faulkner, CEO of EdgeMode:AI is driving one of the largest investment cycles the world has ever seen, because success in the market needs an infrastructure platform that requires more than real estate. It requires land, energy, engineering, permitting, capital, strategic partnerships, and long-term vision.”
  • The intended merger is the foundation of Vision 2035, the BLACK AI longer-term strategy to develop, deliver, and ultimately own world-class AI infrastructure assets. Starting with Spain and Panama but growing into other international markets in the coming years.

Watch the full interview:

EdgeMode and BlackBerry AIF announce intention to merge to create BLACK AI: Charlie Faulkner, CEO of EdgeMode discusses the intention to merge EdgeMode and BlackBerry AIF

A Media Snippet accompanying this announcement is available by clicking on this link.

About EdgeMode
EdgeMode develops scalable AI-ready data center campuses and integrated energy infrastructure across strategic global markets. The company focuses on power-secured developments aligned to accelerating AI and high-performance compute demand.

About BlackBerry AIF
BlackBerry Alternative Investment Fund (AIF) is a premier investment vehicle specializing in the development of next-generation data-center infrastructure tailored for AI and hyperscale workloads. Based in Spain, the fund prioritizes projects that emphasize sustainability, performance, and strategic connectivity—serving as a key enabler for hyperscalers, cloud providers, and AI innovators across Europe.

Forward-looking statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding EdgeMode’s plans, objectives, goals, strategies, future events, future financial performance, expected market growth, construction timelines, and expansion potential. These statements are based on current expectations and assumptions and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those expressed or implied in the forward-looking statements. Factors that may cause such differences include, but are not limited to, risks related to integration of acquired assets, construction delays or cost overruns, challenges in client acquisition, changes in demand for AI and HPC infrastructure, regulatory changes, availability and cost of power, and general economic and market conditions. EdgeMode undertakes no obligation to update or revise any forward-looking statements to reflect events or circumstances after the date of this press release, except as required by law.

Contact Information

Jamie Kightley
IBA International - PR for EdgeMode
Email: edgemode@iba-international.com
Phone: +1 561 228 1940 or +44 1572 757932

Charlie Faulkner
Chief Executive Officer
EdgeMode Inc.
Email: hello@edgemode.io


FAQ

What did EdgeMode (EDGM) announce about its merger with BlackBerry AIF on July 28, 2026?

EdgeMode announced an intended merger with BlackBerry AIF to form BLACK AI, a single publicly listed AI data center infrastructure platform. According to EdgeMode, the deal remains subject to due diligence, definitive agreements, and customary closing conditions before completion.

What is BLACK AI and how will it involve EdgeMode (EDGM)?

BLACK AI is the planned combined AI data center infrastructure platform from the intended merger of EdgeMode and BlackBerry AIF. According to EdgeMode, BLACK AI would be a single publicly listed vehicle targeting large-scale AI infrastructure projects globally.

How much AI data center capacity does EdgeMode (EDGM) plan to contribute to BLACK AI?

EdgeMode plans to contribute a portfolio of next-generation tier-3-ready AI campuses with over 4GW of capacity in Europe and the Americas. According to EdgeMode, these campuses are designed to be powered by off-grid Solid Oxide Fuel Cell energy technology.

What expertise does BlackBerry AIF bring to the proposed BLACK AI platform with EdgeMode (EDGM)?

BlackBerry AIF is expected to contribute expertise in renewable energy, infrastructure, real estate, and green data centers. According to EdgeMode, combining this expertise with its AI campus portfolio is intended to build a globally focused AI infrastructure platform.

What is Vision 2035 in the context of BLACK AI and EdgeMode (EDGM)?

Vision 2035 is BLACK AI’s long-term strategy to develop, deliver, and ultimately own AI infrastructure assets. According to EdgeMode, the strategy will begin with projects in Spain and Panama and expand into additional international markets over time.

Where will BLACK AI, formed by EdgeMode (EDGM) and BlackBerry AIF, initially focus its AI data centers?

The initial geographic focus for BLACK AI’s AI infrastructure projects will be Spain and Panama. According to EdgeMode, these markets are planned as starting points before growing the platform into other international regions in the coming years.