Curated News
By: NewsRamp Editorial Staff
October 14, 2025

Core AI Holdings Emerges From Siyata-Core Gaming Merger

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TLDR

  • Core AI Holdings emerges from the Siyata-Core Gaming merger, positioning investors to capitalize on the rapidly growing $126 billion AI mobile gaming market.
  • The all-stock merger valued Core Gaming at $160 million, rebranding the combined entity as Core AI Holdings to focus on AI-driven mobile gaming and applications.
  • This merger advances AI-powered mobile experiences that create deeper engagement and social connections for over 40 million users across 140 countries worldwide.
  • Core AI Holdings combines 2,100 proprietary gaming titles with AI technology, serving 78 million downloads in the fast-growing mobile gaming and applications space.

Impact - Why it Matters

This merger represents a significant strategic shift in the technology landscape, combining hardware expertise with AI-driven software capabilities. For investors, it signals the growing convergence of gaming, artificial intelligence, and mobile technology - three of the fastest-growing sectors in tech. The move demonstrates how traditional communications companies are pivoting to capture value in emerging AI markets. For consumers, this could mean more sophisticated AI-powered gaming experiences and applications that leverage Core AI Holdings' combined technological strengths. The company's established user base of 40 million provides immediate scale for rolling out new AI-driven products, potentially accelerating innovation in both gaming and practical AI applications. This transformation reflects broader industry trends where companies are repositioning themselves to capitalize on the AI revolution that's reshaping multiple sectors.

Summary

Siyata Mobile Inc., a global developer of mission-critical Push-to-Talk over Cellular handsets and accessories, has successfully completed its transformative merger with Core Gaming, Inc., creating a new entity called Core AI Holdings Inc. The all-stock deal valued Core Gaming at $160 million and represents a strategic pivot from hardware-focused communications to the rapidly growing AI-driven mobile gaming and AI applications markets. The combined company now trades under the ticker CHAI on Nasdaq, with CEO Aitan Zacharin emphasizing their positioning in the fast-growing mobile gaming industry and their strategy to harness artificial intelligence to build scalable offerings that expand beyond gaming into other verticals.

The merger positions Core AI Holdings at the intersection of two explosive market opportunities. The global mobile AI gaming market, currently valued at $126 billion according to Statista, is projected to reach $164 billion by 2030, while the global AI app market is forecasted to grow from $2.6 billion to $26 billion by 2030 according to Grandview Research. Core Gaming brings substantial credentials to this new venture, having generated $79 million in revenue last year with a portfolio of approximately 2,100 proprietary titles, over 78 million downloads, and a global user base exceeding 40 million across 140 countries. The company's established presence in immersive mobile and cloud-based gaming solutions provides a strong foundation for capitalizing on these growth trends.

Leadership and governance structure has been established with Aitan Zacharin serving as both CEO and chairman of the new board. The board includes Marc Seelenfreund, founder and former CEO of Siyata Mobile, who will head Siyata PTT Inc. as it becomes a wholly-owned subsidiary of Core AI Holdings. The strategic vision focuses on delivering AI-powered experiences that create deeper engagement and drive broader adoption, positioning the company to capture significant market share in both gaming and broader AI applications. With the merger successfully completed and the new leadership team in place, Core AI Holdings is poised to leverage its combined strengths to pursue growth in these high-potential markets.

Source Statement

This curated news summary relied on content disributed by NewMediaWire. Read the original source here, Core AI Holdings Emerges From Siyata-Core Gaming Merger

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