Core AI Taps Capital Markets Veteran to Steer High-Stakes AI Pivot

MIAMI, FL – July 07, 2026 – In a move signaling a sharp focus on financial fortification, Core AI Holdings, Inc. (Nasdaq: CHAI) has appointed capital markets specialist Arie Goor as its new Chief Financial Officer. The appointment comes at a critical juncture for the company, which is navigating a high-stakes pivot to AI infrastructure and platforms while grappling with significant financial pressures, including substantial net losses and a recent “going concern” warning from its auditors.

Goor’s arrival is more than a routine executive shuffle; it’s a strategic maneuver designed to bring seasoned financial stewardship to a company with ambitious technology goals but a precarious balance sheet. For investors and industry watchers, the key question is whether Goor's expertise in capital raises and corporate finance can build the stable financial runway Core AI needs to achieve its AI-driven vision.

A Pivot Under Pressure

Core AI's recent history is a study in contrasts. On one hand, the company reported a 58.6% surge in revenue to $55.2 million for the fiscal year ended December 31, 2025, reflecting early traction in its pivot towards AI-powered digital platforms. This growth follows a decisive corporate restructuring that saw the company divest its legacy Siyata Push-to-Talk (PTT) cellular hardware business to focus exclusively on what it sees as a higher-growth future in artificial intelligence.

On the other hand, this strategic realignment has come at a steep cost. The company's net loss from continuing operations ballooned to over $31.5 million in 2025. Coupled with a $24.4 million loss from the discontinued hardware segment, the financial strain prompted auditors to include a “going concern” qualification in its annual report, signaling substantial doubt about its ability to operate for the next twelve months without securing additional funding. The company's stock has reflected this uncertainty, declining over 95% in the past year, though it holds more cash than debt following a recent $5.4 million capital raise in June.

"We are pleased to welcome Arie to Core AI Holdings," said Aitan Zacharin, Chief Executive Officer, in a statement that underscores the challenges ahead. Zacharin highlighted the need for Goor's "proven track record" as the company aims to "scale our business" and "drive shareholder value."

The Capital Markets Specialist

Arie Goor, 43, appears tailor-made for the task at hand. His 15-year career is not one of a typical corporate controller but of a financial strategist operating at the intersection of capital markets, M&A, and high-growth, often volatile, industries. His background is notably diverse, spanning biotech, medical devices, and technology—sectors where companies often rely on sophisticated financing strategies to fund long-term R&D and scale operations before achieving profitability.

Prior to joining Core AI, Goor served as CFO for public companies like NYSE-listed Regentis Biomaterials and Revium Rx. His tenure at these firms was marked by active capital markets engagement, including IPO registrations and private placements. His extensive experience leading cross-border transactions on major global exchanges—from NASDAQ to the ASX in Australia and the TSXV in Canada—is particularly relevant for Core AI, a Canadian-incorporated company with a U.S. listing and global ambitions.

Further burnishing his credentials, Goor has headed the IPO and M&A department at Shimony Financial Services since 2018, advising companies on the very financial maneuvers Core AI must now execute flawlessly. This role is not in his past; filings indicate Core AI is engaging Shimony for Goor’s services, suggesting he brings the resources and network of his advisory firm with him. This background makes him less of a traditional bookkeeper and more of a financial architect, hired to design and build the capital structure needed for survival and growth.

Navigating the Hyper-Competitive AI Arena

Goor's mission is to secure the financial foundation that will allow Core AI to compete in the fiercely competitive AI landscape. The company's strategy is two-pronged: scaling its existing AI-driven mobile gaming and content business while aggressively pursuing new opportunities in AI infrastructure.

Its subsidiary, Core Gaming, leverages AI to streamline the production of its massive portfolio of over 2,100 mobile games. Proprietary platforms like LikeMusic.ai and VoicePix 2.0 are used internally to generate content, reportedly boosting production efficiency by up to 50%. The company is also finding early success with new consumer-facing applications, such as its HomeGPT AI home design app, which saw its user base explode from 2,000 to over 130,000 in just three months.

Perhaps more ambitiously, Core AI is looking to enter the capital-intensive AI infrastructure space. The company has signaled its intent to develop AI-ready data centers, backed by a joint venture with Allianca Group Inc. This move places it in direct competition with established giants and well-funded startups, making a robust, long-term capital strategy a prerequisite for success.

"I am excited to join Core AI Holdings at such a pivotal stage in its growth," Goor stated. "I look forward to working closely with the leadership team and Board of Directors to strengthen the Company's financial foundation, support strategic growth initiatives, and create long-term value for shareholders."

For Core AI, the path forward is clear but challenging. The appointment of Arie Goor is a decisive move to address its most glaring weakness. His success, or failure, in stabilizing the company's finances and securing the necessary capital will directly determine whether Core AI's ambitious technological vision can become a sustainable business reality.