EdgeMode and BlackBerry AIF merge into BLACK AI

EdgeMode, Inc. (OTC: EDGM) and Nippon India Alternative Investments (AIF) announced on July 28, 2026 their intention to merge, and on August 13, 2026 signed a Memorandum of Understanding (MOU) to create BLACK AI, a publicly listed AI infrastructure development platform. The merger is subject to final commercial terms, due diligence, and customary closing conditions. BLACK AI will combine EdgeMode's public-company platform and AI infrastructure portfolio with BlackBerry AIF's expertise in project development, renewable energy, and commercial execution. The combined platform will initially focus on Spain and Panama, with ambitions to expand into other international markets. The long-term strategy, Vision 2035, aims to develop, monetize, build, and selectively own AI infrastructure assets. CEOs Charlie Faulkner of EdgeMode and José Mora of BlackBerry AIF expressed strong confidence in the partnership, emphasizing the scale of the AI infrastructure investment cycle.