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JetAI Enters Joint Venture for Canadian Data Centers

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JetAI Enters Joint Venture for Canadian Data Centers

Elevate Your Investing Strategy:

JetAI ( (JTAI) ) has provided an update.

On June 26, 2025, Jet.AI Inc. entered into a Joint Venture Agreement with Consensus Core Technologies Inc. to develop data centers, with a focus on a phased hyperscale data center campus in Midwestern Canada. This initiative aims to address critical infrastructure shortages in the AI market by leveraging Canada’s low-cost energy advantages. Jet.AI plans to contribute up to $20 million in five tranches tied to specific project milestones, acquiring equity interests in the projects. The partnership with Consensus Core, a provider of high-performance GPU infrastructure and AI cloud services, strengthens the project’s foundation with technical expertise and operational capabilities, positioning Jet.AI as a significant player in the AI data center industry.

The most recent analyst rating on (JTAI) stock is a Buy with a $225.00 price target. To see the full list of analyst forecasts on JetAI stock, see the JTAI Stock Forecast page.

Spark’s Take on JTAI Stock

According to Spark, TipRanks’ AI Analyst, JTAI is a Neutral.

JetAI’s overall stock score reflects significant financial challenges, with persistent losses and cash flow issues being the primary concerns. The technical analysis indicates a bearish trend, while valuation metrics highlight the lack of profitability and absence of a dividend. These factors combine to present a high-risk investment profile.

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

More about JetAI

Founded in 2018 and based in Las Vegas, NV, Jet.AI operates in the Software and Aviation segments and is transitioning to a pure-play AI data center company. The company aims to build scalable, high-performance infrastructure to support the increasing computational demands of artificial intelligence.

Average Trading Volume: 344,347

Technical Sentiment Signal: Sell

Current Market Cap: $9.13M

For a thorough assessment of JTAI stock, go to TipRanks’ Stock Analysis page.

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