HUMBL enters JV agreement with MultiCortex

HUMBL (HMBL) announced a joint venture agreement with MultiCortex, a U.S. and Brazilian-based company specializing in artificial intelligence and high-performance computing. Under the terms of the agreement, HUMBL will hold a 51% equity stake in the joint venture, while MultiCortex co-founders Bruno Ghizoni and Alessandro Faria will retain 49% and lead daily operations. HUMBL will invest up to $3M from its upcoming Regulation A+ public offering to support go-to-market initiatives and expansion. The partnership will enable MultiCortex to further complete and commercialize its proprietary “Forest of Algorithms” – a federated large language model platform designed to integrate multiple AI systems into a unified, intelligent framework. Developed by MultiCortex CTO Alessandro Faria, the “Forest of Algorithms” enables seamless orchestration of diverse LLMs and has been recognized by NVIDIA for its innovation. The federated AI system will be distributed globally through major cloud marketplaces, including AWS, Google Cloud, Oracle Cloud, and Microsoft Azure. Looking ahead, the joint venture will support MultiCortex in expanding its sales, strategic partnerships, and financing capabilities within the U.S. market. It will also drive the development of tailored AI integrations for enterprise clients across specific use cases and industry verticals.