MOU sets out plan to merge EdgeMode and BlackBerry AIF
EdgeMode entered an MOU to merge with BlackBerry Alternative Investment Fund, creating BLACK AI as a publicly listed AI infrastructure platform.
Transaction remains subject to final commercial terms, due diligence, definitive agreements, and customary closing conditions.
Platform combines EdgeMode’s public-company structure and AI infrastructure portfolio with BlackBerry AIF’s project development and renewable energy capabilities.
Initial development focus set for Spain and Panama, with plans to expand into additional international markets.
Vision 2035 targets development and monetization of AI infrastructure, with selective ownership to build recurring cash flow over time.