From Communications Hardware To AI Gaming: How SYTA Stock's Parent Company Is Betting Big On A Booming Market

The finalized merger between Siyata Mobile Inc. and Core Gaming, Inc. marks a strategic pivot that reshapes the investment landscape for what’s now Core AI Holdings Inc. (CHAI). This all-stock transaction valued Core Gaming at $160 million, signaling confidence in the combined entity’s ability to capitalize on two explosive market segments: AI-driven mobile gaming and AI-powered applications.

The Market Thesis: Why Now?

The timing of this consolidation reflects broader market dynamics. The global mobile AI gaming sector is currently valued at $126 billion and is projected to reach $164 billion by 2030, representing compound growth fueled by consumer demand for immersive entertainment experiences and social connectivity. Simultaneously, the enterprise AI applications market is expanding rapidly—currently at $2.6 billion and expected to balloon to $26 billion within the same timeframe. This expansion is being propelled by organizations seeking to optimize operations, streamline workflows, boost productivity metrics, and elevate customer engagement through intelligent automation.

For SYTA stock investors and those watching the transition to CHAI, this merger positions the company at the intersection of two high-velocity growth trajectories.

A Foundation Built On Proven Success

Core Gaming arrives at this merger with a substantial operational track record. The publisher and developer generated $79 million in annual revenue, supported by an extensive portfolio of proprietary games numbering approximately 2,100 titles. The company has accumulated over 78 million downloads globally and maintains an active user base exceeding 40 million across 140 markets.

This existing infrastructure—combined with Core AI Holdings’ strategic focus on leveraging artificial intelligence to enhance player engagement and expand into adjacent applications markets—provides the newly combined entity with tangible assets and demonstrated market traction.

Leadership And Strategic Direction

Aitan Zacharin assumes the role of Chief Executive Officer and Chairman of Core AI Holdings, tasked with executing the company’s forward-looking agenda. The board composition includes Marc Seelenfreund (founder and former CEO of Siyata Mobile), Luisa Ingargiola, Thomas Tarala, and Mordechai Stenge. This structure reflects a measured transition: Siyata Mobile operates as a wholly-owned subsidiary under the Core AI Holdings umbrella, now branded as Siyata PTT Inc., with Seelenfreund leading that division.

Zacharin articulated the strategic vision: deploying artificial intelligence capabilities to develop scalable solutions that transcend traditional gaming, establishing a multi-vertical platform that generates shareholder value. The company aims to replicate the growth trajectories observed among sector leaders by combining robust foundational technology with strategic market positioning.

What’s Next

The rebranding from SYTA to CHAI under ticker symbol trading reflects this fundamental business transformation. Rather than remaining a specialized hardware vendor, Core AI Holdings is now positioned as a technology company operating in high-growth consumer and enterprise segments. The completed merger, installed board, and articulated strategic roadmap provide the infrastructure for execution.

For market participants, this represents a bet that AI-enhanced gaming and enterprise applications will continue their upward momentum over the coming years.