Jet.AI (NASDAQ:JTAI) reported Q2 2025 financial results, highlighting a period of strategic transition. The company posted revenues of $2.2 million, down from $3.1 million year-over-year, with a reduced operating loss of $2.5 million compared to $3.2 million in Q2 2024.Key developments include a definitive agreement with Consensus Core Technologies for hyperscale data-center development in Canada, and a capital contribution to AIIA Sponsor Ltd. for AI infrastructure opportunities. The company's pending transaction with flyExclusive remains on schedule for completion by October 31, 2025.As of June 30, 2025, Jet.AI maintained cash and cash equivalents of $8.3 million. The company's strategic pivot towards data centers and AI infrastructure marks a significant transformation from its aviation business roots. [ "Reduced operating loss to $2.5M from $3.2M year-over-year", "Strategic expansion into AI data center sector with Consensus Core partnership", "Strong cash position with $8.3M in cash and cash equivalents", "flyExclusive transaction progressing on schedule" ]

Jet.AI Inc. (NASDAQ: JTAI), a provider of GPU infrastructure and AI cloud services, has made a strategic capital contribution to AIIA Sponsor Ltd., the sponsor of AI Infrastructure Acquisition Corp., a newly formed SPAC.The SPAC has filed for an initial public offering with a base size of $100 million, potentially reaching $115 million if the over-allotment option is fully exercised. The SPAC will focus on pursuing opportunities with private technology companies in AI, machine learning, and data center infrastructure sectors.Maxim Group LLC will serve as the sole book-running manager for the IPO. Several of Jet.AI's executive officers and directors are involved in founding and managing both the Sponsor and the SPAC.

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