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Core AI Holdings (NASDAQ: CHAI) launches Allianca JV for AI data center buildout

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(Neutral)
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(Neutral)
Form Type
6-K

Rhea-AI Filing Summary

Core AI Holdings, Inc. has formed a strategic joint venture with Allianca Group Inc. to accelerate development of AI-ready data centers worldwide. The partnership combines Core AI’s AI-native infrastructure and capital markets expertise with Allianca’s turnkey delivery model and large-scale data center execution experience.

The joint venture aims to offer an end-to-end platform covering site selection, preconstruction, modular deployment, construction, utility coordination, and commissioning, giving owners and capital partners a single accountable delivery partner. It targets high-priority AI infrastructure markets where power, permitting, fiber connectivity, and construction readiness support rapid deployment.

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Insights

Core AI creates JV to pursue AI data-center buildout at scale.

Core AI is partnering with Allianca Group to form a strategic joint venture focused on AI-ready data center infrastructure. Core AI contributes AI-native strategy and capital markets capabilities, while Allianca adds a turnkey delivery model built around hyperscale data center execution.

The release highlights Allianca’s history managing annual project portfolios exceeding $6 billion and involvement in over 720 MW of mission-critical capacity, suggesting meaningful execution experience. The joint venture intends to compress development timelines by owning the full lifecycle from power-aware site selection through commissioning.

The filing does not quantify pipeline, capital commitments, or specific projects, so financial impact remains uncertain. Future disclosures in periodic reports may clarify the scale of deployments, contract wins, and required funding, which will determine how material this joint venture becomes for Core AI’s overall business.

Annual project portfolio history $6 billion annually Allianca Group project portfolio history
Delivered data center capacity 720 MW Mission-critical data center capacity Allianca contributed to
Industry experience 40+ years Combined industry experience of Allianca team
strategic joint venture financial
"Core AI Holdings, Inc. today announced the formation of a strategic joint venture with Allianca Group Inc."
AI-ready digital infrastructure technical
"the global race to deploy AI-ready digital infrastructure capable of supporting high-performance computing"
hyperscale data center capacity technical
"a demonstrated track record delivering hyperscale data center capacity at speed and scale"
modular deployment methodologies technical
"preconstruction planning and program controls, modular deployment methodologies, construction execution"
Modular deployment methodologies are ways of rolling out new systems, products or updates by breaking them into separate, interchangeable components that can be developed, tested and released independently—think of updating one brick in a Lego wall instead of rebuilding the whole structure. For investors, this matters because it lowers rollout risk, speeds time-to-market, reduces ongoing costs and makes scaling or fixing problems less disruptive, which can improve operational efficiency and protect value.
turnkey delivery model financial
"a fully integrated, turnkey delivery model refined across more than 40 years of combined industry experience"
A turnkey delivery model is when a provider handles an entire project or product from design and construction through testing and setup, handing it over ready to use—like buying a fully furnished, move-in-ready house instead of managing the renovations yourself. For investors it signals potentially faster revenue recognition and simpler budgeting because one supplier assumes execution risk, but it also concentrates operational and contract risk with that single provider, which can affect margins and long-term flexibility.

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 6-K

 

REPORT OF FOREIGN PRIVATE ISSUER

 

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

 

For the Month of: April 2026

 

Commission File Number: 001-39557

 

Core AI Holdings, Inc.

(Translation of registrant’s name into English)

 

25 SE 2nd Ave. Ste 550 Miami, FL 33131

(Address of principal executive office)

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F:

 

☒ Form 20-F ☐ Form 40-F

 

 

 

 

 

 

On April 14, 2026, Core AI Holdings, Inc., a British Columbia, Canada corporation (the “Company”), issued a press release announcing the formation of a strategic joint venture with Allianca Group Inc., an infrastructure advisory and execution firm, with the objective of accelerating AI-ready data center development on a global scale.

 

A copy of the press release is included with this Report of Foreign Private Issuer on Form 8-K (the “Report”) as Exhibit 99.1.

 

The information contained in and the document furnished with this Report shall not be deemed to be “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section.

 

Forward Looking Statements

 

This Report and the exhibit furnished herewith contains forward-looking statements within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995 and other Federal securities laws. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates” and similar expressions or variations of such words are intended to identify forward-looking statements. Because these forward-looking statements and their implications are neither historical facts nor assurances of future performance and are based on the Company’s current expectations, they are subject to various risks and uncertainties and changes in circumstances that are difficult to predict and may be outside of the Company’s control, and actual results, performance or achievements of the Company could differ materially from those described in or implied by the statements in this Report. The forward-looking statements contained or implied in this Report are subject to other risks and uncertainties, including those discussed under the heading “Risk Factors” in the Company’s Annual Report on Form 20-F filed with the Securities and Exchange Commission (the “SEC”) on April 21, 2025, and in any subsequent filings with the SEC. Except as otherwise required by law, the Company undertakes no obligation to publicly release any revisions to these forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Any references and links to websites and social media have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this Report. The Company is not responsible for the contents of third-party websites.

 

2

 

 

EXHIBIT INDEX

 

Exhibit No.   Description
99.1*   Press release dated April 14, 2026.

 

* Furnished not filed.

 

3

 

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the Company has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: April 14, 2026 CORE AI HOLDINGS, INC.
     
  By: /s/ Aitan Zacharin
    Aitan Zacharin, Chief Executive Officer

 

4

 

Exhibit 99.1

 

Core AI and Allianca Group Form Strategic Joint Venture

Partnership combines Core AI’s AI-native expertise with Allianca’s proven turnkey delivery model to capture next-generation AI infrastructure demand

 

 

 

Miami, FL — April 14, 2026 — Core AI Holdings, Inc. (Nasdaq: CHAI) (“Core AI” or the “Company”), a global AI technology and infrastructure company, today announced the formation of a strategic joint venture with Allianca Group Inc. (“Allianca”), an infrastructure advisory and execution firm with a demonstrated track record delivering hyperscale data center capacity at speed and scale.

 

The joint venture’s objective is to position both organizations at the forefront of one of the most capital-intensive infrastructure build cycles in modern technology history — the global race to deploy AI-ready digital infrastructure capable of supporting high-performance computing and artificial intelligence workloads at enterprise and hyperscale levels.

 

The partnership seeks to unite two complementary strengths into a single, integrated infrastructure delivery platform. Core AI will contribute its AI-native infrastructure strategy and capital markets expertise. Allianca will contribute what few firms in the market can match: a fully integrated, turnkey delivery model refined across more than 40 years of combined industry experience, a project portfolio history exceeding $6 billion annually, and direct contributions to the delivery of more than 720 MW of mission-critical data center capacity globally.

 

Together, the joint venture, through the combination of each company’s strengths, is designed to compress development timelines, reduce execution risk, and deliver AI-ready capacity faster than traditional build cycles allow — precisely when the market demands it most.

 

The joint venture intends to operationalize a fully integrated infrastructure platform spanning the complete development lifecycle: power-aware site selection and strategy, preconstruction planning and program controls, modular deployment methodologies, construction execution, utility coordination, and commissioning. This end-to-end ownership model eliminates the fragmentation that often slows conventional infrastructure development and gives owners and capital partners a single accountable delivery partner from site identification through power-on.

 

The differentiated approach is designed to directly address the realities of today’s AI infrastructure environment — where energy procurement complexity, supply chain constraints, utility coordination timelines, and construction sequencing are as decisive as capital availability in determining which projects get built and which stall.

 

“AI is driving one of the largest infrastructure build cycles in modern technology history, and execution capability is now the scarce resource,” said Aitan Zacharin, Chief Executive Officer of Core AI Holdings. “Through this joint venture with Allianca, we are not simply expanding our capabilities — we are creating a differentiated delivery engine. We believe that Allianca’s track record of executing at scale will provide Core AI the opportunity to achieve a meaningful competitive advantage it seeks to capture the infrastructure opportunities this market is creating.”

 

“Speed and certainty of delivery are the new competitive moats in AI infrastructure,” said John C. Haley, Chief Executive Officer of Allianca Group. “At Allianca, we have spent years building a delivery model that integrates strategy, program controls, modular deployment, and construction execution into a single turnkey solution — because we believe that fragmented delivery is the primary reason AI infrastructure projects fail to meet timelines. This joint venture with Core AI brings together the right partnership at exactly the right moment. We intend to move quickly, execute with discipline, and deliver capacity in markets where demand is materially outpacing supply.”

 

The joint venture plans to identify and target high-priority AI infrastructure markets where the convergence of power availability, permitting environments, fiber connectivity, and construction readiness creates near-term deployment opportunities. The platform’s modular deployment methodology will be well suited and specifically designed to accelerate time-to-capacity in these markets while maintaining the execution certainty that institutional capital and hyperscale tenants require.

 

 

 

 

About Allianca Group Inc.

 

Allianca Group Inc. is an infrastructure advisory and execution firm singularly focused on delivering next-generation data center infrastructure at speed and scale. The firm provides fully integrated, turnkey owner’s representative services across the complete development lifecycle — from site selection and preconstruction planning through program management, construction execution, and commissioning.

 

Allianca’s differentiated delivery model combines power-aware site strategy, modular deployment methodologies, and disciplined program controls into a single accountable platform — enabling faster, more predictable capacity delivery in an increasingly time-compressed AI-driven market. The Allianca team brings over 40 years of combined industry experience, with a track record supporting hyperscale environments, managing annual project portfolios exceeding $6 billion, and contributing to the delivery of more than 720 MW of mission-critical data center capacity globally.

 

About Core AI Holdings, Inc.

 

Core AI Holdings, Inc. (NASDAQ: CHAI) is a global AI technology and infrastructure company focused on identifying, developing, and scaling AI-driven businesses that leverage next-generation technologies to address large, high-growth market opportunities. Core AI’s mission is to harness artificial intelligence to create transformative, scalable solutions across multiple verticals and drive long-term shareholder value. Through its subsidiary, Core Gaming, the Company also operates an AI-driven mobile game development and publishing business.

 

Core AI Investor Relations

 

ir@coregaming.co

 

Forward-Looking Statements

 

This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including statements regarding the anticipated benefits of the joint venture, expected market opportunities, infrastructure demand, project pipeline, development strategy, execution capabilities, and future updates concerning the joint venture’s activities. These forward-looking statements are based on Core AI’s current expectations and assumptions and are subject to risks, uncertainties, and changes in circumstances that may cause actual results to differ materially, including the parties’ ability to implement the contemplated joint venture strategy, market conditions, customer demand, power availability, supply chain conditions, labor availability, project timing, financing conditions, and regulatory matters, as well as other risks described under “Risk Factors” in Core AI’s Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission on April 21, 2025, and in subsequent SEC filings. Except as required by law, Core AI undertakes no obligation to update these forward-looking statements.

 

 

 

FAQ

What did Core AI Holdings (CHAI) announce in its latest 6-K filing?

Core AI Holdings announced a strategic joint venture with Allianca Group to develop AI-ready data centers globally. The partnership combines Core AI’s AI-native infrastructure and capital markets expertise with Allianca’s turnkey delivery capabilities across the full development lifecycle.

Who is Allianca Group in Core AI Holdings’ (CHAI) new joint venture?

Allianca Group is an infrastructure advisory and execution firm focused on next-generation data center projects. It brings over 40 years of combined industry experience, manages project portfolios exceeding $6 billion annually, and has contributed to more than 720 MW of mission-critical data center capacity.

What is the main goal of the Core AI (CHAI) and Allianca Group joint venture?

The joint venture aims to accelerate delivery of AI-ready digital infrastructure for high-performance computing and AI workloads. It intends to compress development timelines, reduce execution risk, and offer a single accountable partner from power-aware site selection through commissioning across priority AI infrastructure markets.

How will the Core AI (CHAI) and Allianca joint venture operate its infrastructure platform?

The joint venture plans to run a fully integrated platform across the entire development lifecycle. This includes site selection, preconstruction planning, program controls, modular deployment methodologies, construction execution, utility coordination, and commissioning to deliver capacity faster than traditional build cycles.

Which markets will the Core AI (CHAI) and Allianca joint venture target first?

The joint venture intends to focus on high-priority AI infrastructure markets with favorable deployment conditions. These markets will feature a convergence of power availability, permitting environment, fiber connectivity, and construction readiness, supporting near-term deployment of AI-ready data center capacity.

Does the Core AI (CHAI) joint venture announcement include financial terms or project pipeline details?

The announcement emphasizes strategic objectives and capabilities but does not specify project-level financial terms. It highlights Allianca’s $6 billion annual project portfolio history and 720 MW delivered, while future company filings may provide more detail on specific projects and financial impact.

Filing Exhibits & Attachments

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