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