Core AI shares surge 10.24% intraday after launching Core Digital, a wholly-owned AI-driven digital marketing subsidiary to expand revenue streams and global AI footprint.

Core AI Holdings (CHAI) surged 10.24% intraday after announcing the launch of Core Digital, a wholly-owned subsidiary targeting the digital marketing sector. The initiative leverages the company’s AI and machine learning capabilities to create an AI-driven ecosystem for advertising, content optimization, and creator technologies, positioning Core AI to expand into high-growth markets like Asia. CEO Aitan Zacharin emphasized the strategic shift as “transformational,” highlighting long-term revenue potential and operational scalability. The move aligns with the stock’s upward trajectory, driven by investor optimism over diversification into a fast-growing industry and the company’s forward-looking growth strategy. Core Digital is expected to operationalize by Q1 2026, further solidifying market confidence in the expansion.