$CHAI (Core AI Holdings) has had a busy few weeks:
The good news: TikTok distribution partnership expanded, "Z Studio" launched to test AI products faster, HomeGPT app live.
Worth mentioning: Alyeska Investment Group just disclosed a 9.99% stake. Market cap \~$6.5M, trading near 52-week lows. Next earnings expected late Aug.
The bad news: Q1 2026 revenue fell \~74% YoY, the company has negative stockholders' equity, its auditor flagged "substantial doubt" about its ability to continue as a going concern, and Nasdaq issued a minimum bid price deficiency notice in July.
Not financial advice, not a recommendation, just sharing what's public. DYOR before making any decision. I am currently holding shares.
