Core AI Taps CSPM to Fast-Track Malaysian AI Data Centers

The latest announcement is out from Core AI Holdings ( (CHAI) ).

On February 4, 2026, Core AI Holdings and Malaysian data center specialist CSPM Resources signed a memorandum of understanding to jointly retrofit and expand existing edge facilities into Tier 3 and Tier 4 AI-ready sites, targeting rapid delivery of co-location or hyperscaler-ready assets within roughly 12 months. The collaboration gives Core AI immediate traction in Malaysia’s data center market—projected to triple to $13.6 billion by 2030—and pairs the company’s AI-centric strategy with CSPM’s government relationships, utility access, and track record building hyperscale infrastructure, potentially positioning the partners to capture demand from hyperscalers accelerating AI investments in the country.

The most recent analyst rating on (CHAI) stock is a Hold with a $1.50 price target. To see the full list of analyst forecasts on Core AI Holdings stock, see the CHAI Stock Forecast page.

Spark’s Take on CHAI Stock

According to Spark, TipRanks’ AI Analyst, CHAI is a Underperform.

The score is driven primarily by weak financial performance—declining revenue, very negative margins, and negative operating/free cash flow—despite low leverage. Technicals remain broadly bearish with price below longer-term moving averages and a negative MACD, while valuation is not compelling given losses and no provided dividend yield.

To see Spark’s full report on CHAI stock, click here.

More about Core AI Holdings

Core AI Holdings, Inc. is a global AI-focused technology and investment platform that develops and scales AI-driven businesses, including its Core Gaming subsidiary, which operates an AI-enhanced mobile game development and publishing network covering more than 2,200 titles and 800 million downloads across 140 countries.

Average Trading Volume: 141,575

Technical Sentiment Signal: Sell

Current Market Cap: $32.67M

For an in-depth examination of CHAI stock, go to TipRanks’ Overview page.