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Las Vegas, NV, Dec. 04, 2025 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI") (NASDAQ:JTAI), an emerging provider of high-performance GPU infrastructure and AI cloud services, and Convergence Compute LLC ("Convergence Compute"), Jet.AI's joint venture with Consensus Core Technologies Inc. ("Consensus Core"), today announced the selected location for Convergence Compute's Midwestern Canadian data-center campus, a large-scale development designed to meet rising North American demand for AI and high-density compute. The campus is drawing strategic interest from hyperscale tenants. The campus, located 10 miles south of Winnipeg, MB, spans roughly 350 contiguous acres with immediate access to key
LAS VEGAS, Nov. 24, 2025 (GLOBE NEWSWIRE) -- AI Infrastructure Acquisition Corp. (the "Company") (NYSE:AIIA), a newly organized blank check company incorporated as a Cayman Islands exempted company and led by Jet.AI (NASDAQ:JTAI) Chief Executive Officer Michael Winston, announced today that, commencing November 24, 2025, holders of the units sold in the Company's initial public offering may elect to separately trade the Company's Class A ordinary shares and rights underlying the units. Each unit consists of one Class A ordinary share, par value $0.0001 per share, and one right to receive one-fifth (1/5) of one Class A ordinary share upon consummation of the Company's initial business combi
LAS VEGAS, Nov. 19, 2025 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ:JTAI), an emerging leader in high-performance GPU infrastructure and AI cloud services, announced that AI Infrastructure Acquisition Corp (NYSE:AIIAU) will be ringing the New York Stock Exchange ("NYSE") Opening Bell today. The bell ringing will be broadcasted live on the NYSE website here: https://www.nyse.com/bell. AI Infrastructure Acquisition Corp is a blank check company pursuing a business combination with high-impact private technology companies advancing artificial intelligence and machine learning capabilities, as well as those involved in building, operating, or enabling next-generation
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LAS VEGAS, March 27, 2025 (GLOBE NEWSWIRE) -- Jet.AI Inc. (the "Company") (NASDAQ:JTAI), a pure-play artificial intelligence ("AI") data center company operating aviation-specific AI software, today announced financial results for the full year ended December 31, 2024. As of March 25th, 2025, the Company had a cash balance of $12.5 million and no debt. In addition, it held $4.2 million in aircraft-related deposits. Together, these amounts - totaling $16.7 million - are expected to be sufficient to satisfy the minimum cash condition of the proposed transaction with flyExclusive, Inc. ("flyExclusive"). Recent Operational Highlights Announced strategic shift into AI data center investment a
LAS VEGAS, Nov. 14, 2024 (GLOBE NEWSWIRE) -- Jet.AI (the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, today announced financial results for the third quarter ended September 30, 2024. Third Quarter 2024 and Recent Operational Highlights Authorized $2 million share repurchase program and withdrawal of S-1 registration statementAnnounced reverse stock splitParticipated in Corporate Jet Investor Miami 2024Announced new features and advancements to CharterGPT and Reroute AIParticipated in the 2024 NBAA Business Aviation Convention & ExhibitionOpened new JetLeg.AI app to Beta TestersAnnounced updates around proprietary software s
Increase in total revenues of 105% year-over-year17% point increase in net margin, adjusted for stock option expenseCash and cash equivalents of $2.1 million as of April 1st, unchanged from December 31st, 2023 LAS VEGAS, May 15, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. (the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 and Recent Operational Highlights Released the National Jet Card Program using third party aircraftAnnounced partnership with FL3XX to integrate its DynoFlight carbon removal platform making it an easy option for thousands of
LAS VEGAS, April 30, 2025 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ:JTAI), a company transitioning to a pure-play artificial-intelligence ("AI") data-center enterprise, announced the signing of a Letter of Intent ("LOI") to form a joint venture (the "Joint Venture" or "JV") with Consensus Core Technologies Inc. ("Consensus Core"), a Vancouver-based provider of high-performance GPU infrastructure and AI cloud services. The JV will pursue development of two hyperscale data-center campuses-one in Midwestern Canada (the "Midwestern Project") and another in Maritime Canada (the "Maritime Project")-expected to deliver up approximately 1.5 gigawatts of power capacity as
LAS VEGAS, May 08, 2024 (GLOBE NEWSWIRE) -- Jet.AI Inc. ("Jet.AI" or the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, today announced it has officially launched its national jet card program. The program offers all categories of private jet for service within the continental U.S., guaranteed rates, guaranteed availability, and a 48-hour call out. Program highlights include an optional escrow, and only 44 peak days (below the industry average of 47). "Building on our successful regional jet card program, we're excited to enter the national market with a new and thoughtfully constructed offering," said Executive Chairman and Interim C
LAS VEGAS, Sept. 27, 2023 (GLOBE NEWSWIRE) -- Jet.AI Inc. (the "Company") (NASDAQ:JTAI), an innovative private aviation and artificial intelligence ("AI") company, today announced that it has begun participating on the Webull Corporate Communications Service Platform. The Jet.AI page on the Webull Platform will provide real-time Company updates, important announcements, and other relevant content such as news, earnings reports, investor presentations, and more. "We are eager to join Webull to enhance transparency and foster a stronger connection with our shareholders," said Jet.AI Founder and Executive Chairman Mike Winston. About Jet.AI:Jet.AI operates in two segments, Software and A
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