EdgeMode and BlackBerry AIF Plan Merger to Launch BLACK AI Platform
EdgeMode and BlackBerry AIF signed an MOU to merge and create BLACK AI, a publicly listed AI infrastructure platform.
Two companies are teaming up to take a big swing at the AI infrastructure space. EdgeMode, Inc. (OTC: EDGM) and BlackBerry Alternative Investment Fund (AIF) announced they've signed a Memorandum of Understanding — basically a formal handshake agreement — outlining their plan to merge and launch a new entity called BLACK AI, a publicly listed AI infrastructure development platform.
If you're not familiar with MOUs, think of them as the "we're seriously talking" stage before a full legal merger agreement. They signal intent without locking both parties into a done deal, so there's still some runway before this becomes official. That said, the public announcement suggests both sides are committed to moving the process forward.
Read more Kimco Realty Raises Dividend 12% and Upgrades 2026 Earnings Outlook →
The combined platform, BLACK AI, would trade publicly, giving everyday investors a potential way to get exposure to AI infrastructure development — a sector that's been drawing serious capital as demand for data centers, compute power, and AI tooling continues to surge. EdgeMode currently trades on the OTC markets under the ticker EDGM, which is worth knowing if you're the type who likes to keep tabs on early-stage moves like this.
What exactly BLACK AI will build or operate hasn't been spelled out in detail beyond the infrastructure development angle, so investors should treat this as an early-stage story with plenty of unknowns still on the table. As always with OTC-listed companies and MOU-stage deals, it pays to watch for follow-up filings and formal merger documentation before drawing any big conclusions.
Continue reading at GlobalNewswire.
