Generative AI Solutions (MAI Cloud) Acquires Pulse AI Compute Solutions Inc.

SAIHEAT Enters Definitive Merger Agreement with Canopy Wave to Build a Global AI Inference Platform

August 10, 2026

AI & Machine Learning

SAIHEAT Limited entered into a definitive merger agreement with Canopy Wave, combining to create a U.S.-based global AI inference platform. Upon closing, Canopy Wave will become a wholly-owned subsidiary and the combined company is expected to be renamed Canopy Wave Holdings Inc. and trade on Nasdaq under the ticker CWAV.

SOLAI Acquires 51% Stake in NEURALAND to Expand Personal AI Infrastructure

June 4, 2026

AI & Machine Learning

SOLAI Limited has completed its previously disclosed acquisition of a 51% equity stake in NEURALAND PTE. LTD., a Singapore company that designs and manufactures personal AI nodes. SOLAI issued about 1.162 billion newly issued Class A ordinary shares to AIPICO Global Limited (the selling shareholder) for total consideration of approximately $9.18 million, in exchange for transferring 51% of NEURALAND’s outstanding shares.

AI/ML Innovations Inc. Acquires Quantum Sciences Ltd

December 10, 2024

AI & Machine Learning

AI/ML Innovations Inc. entered into a binding share purchase agreement to acquire all issued and outstanding shares of Quantum Sciences Ltd for a purchase price of $690,000 to be paid by the issuance of 10,000,000 common shares. The acquisition (SPA dated December 9, 2024) brings digital health AI/ML and quantum‑inspired capability into AI/ML Innovations' portfolio and remains subject to customary closing conditions and CSE approval.

Generative AI Solutions Corp. Acquires Global AI Billing Corp.

May 2, 2023

Healthcare Services

Generative AI Solutions Corp. (GenAI) completed the acquisition of all outstanding securities of Global AI Billing Corp. in exchange for 7.5 million GenAI common shares and assumption of US$1.25 million of liabilities. Global AI Billing’s primary asset is a 10% ownership stake in Remitz, a U.S. medical billing provider that uses proprietary AI to recover receivables; GenAI also entered a separate 24-month marketing agreement with Gold Standard Media LLC.

XMachina AI Group Inc. Completes Business Combination to Acquire XMachina-AI Inc.

June 9, 2022

AI & Machine Learning

XMachina AI Group Inc. (formerly 1210352 B.C. Ltd.) completed a business combination on June 7, 2022, pursuant to which it acquired XMachina-AI Inc. and renamed the resulting issuer XMachina AI Group Inc. The Resulting Issuer will carry on XMAI's business, intends to apply to list its subordinate voting shares on the Canadian Securities Exchange, and plans to accelerate growth by injecting capital and talent into AI and data-analytics businesses.

AE Industrial Partners Acquires NuWave Solutions

June 22, 2020

AI & Machine Learning

AE Industrial Partners acquired a majority interest in NuWave Solutions, a provider of data management, advanced analytics, AI/ML, and cloud solutions serving the U.S. federal government. AEI will position NuWave as a standalone platform to expand its Defense & Government Services capabilities, and named industry veterans Dr. Reggie Brothers as CEO and Michael Buscher as Chief Growth Officer.