AI Small Caps
All AI Small Caps coverage
AEye Signs a New $50 Million At-the-Market Facility Priced Off $1.23 a Share, Below Its Own $1.46 Net Tangible Book Value, on $202,000 of Quarterly Revenue. Selling the Whole Amount Would Add About 87% to the Share Count
The Sept. 15 agreement with A.G.P. replaces a 2024 facility and carries up to 3.0% commission plus up to 1.0% to Craig-Hallum. The prospectus discloses a $3.4 million arbitration award against the company. The June 10-Q shows the old facility had raised $70.4 million gross by June 30; sales after that date are not disclosed.
Axe Compute Finishes Its Turn From Cancer Diagnostics to GPU Rental by Selling Helomics for 636,328 DataMeds Shares and a $1.36 Million Note. No Cash Comes Back to the Seller, Which Also Pays the Buyer the Remaining Base Rent on Two Leases, and the Buyer Is a Micro-Cap That Renamed Itself in July
The Sept. 15 release calls the disposal the 'final chapter' of a transformation. The 10-Q behind it shows $3.2 million of second-quarter revenue against a $17.2 million net loss, most of it a $13.1 million loss on digital assets.
Knightscope Puts $27 Million of 'Estimated' Bookings in a Headline. About $17 Million of It Is the Company's Own Estimate of Orders Under a Contract With No Minimum Purchase, and the Release Landed a Day After a $35 Million ATM Top-Up Filed With the Last Sale at $1.14
The Sept. 22 release counts 109 contracts and awards across four months, but the two largest items are an estimate of future ordering under a master services agreement and a written award for which no definitive agreement or ordering document had yet been issued. The company says the figure is not revenue, backlog or remaining performance obligations, and it is not giving guidance.
PDF Solutions unveils Exensio Aurora on a 25x speed target of its own, with no named customers and no outside benchmark
The Nasdaq-listed semiconductor analytics firm announced a re-architected Exensio platform on Sept. 9, built for petabyte-scale fab data and agentic AI. Its release says the new engine is "designed to deliver" roughly 25 times faster performance at comparable hardware cost - a design target rather than a reported measurement. No third-party validation is cited, and the product is a beta for a small number of early adopters rather than generally available.
Check-Cap Completes Its MBody AI Merger and Closes a $10m Share Sale, Trading on Nasdaq as MBAI
The company said the business combination closed on August 26 and that it sold 1,538,462 ordinary shares at $6.50 apiece. Former MBody AI holders hold about 81% of the shares outstanding, as restricted securities.
WhiteFiber Is Marketing Up to $287.5 Million of Converts, Partly to Retire Some of the $230 Million It Sold Seven Months Ago
The AI data center company proposed a new convertible on August 18 alongside a private exchange of its 4.500% notes due 2031. More than half the net proceeds of the January deal never reached the business.
Duos Technologies and Axe Compute Sign Five-Year Agreements Reserving 55 MW of AI Data Center Capacity
The two Nasdaq-listed companies value the orders at over $500 million of aggregate contractual base payments across the initial five-year terms, with billing contingent on construction, testing and Axe Compute's written acceptance. Hours later, Duos reported a quarter that had closed seven weeks before the agreements were signed.
Datavault AI's $94.5 Million All-Cash Offer for CyberCatch Does Not Say Where the Cash Is Coming From
Datavault AI said Friday it will pay USD $94,500,000, or $3.53 a share, in cash for TSX Venture-listed CyberCatch, a company that reported CAD $121,668 of revenue in its most recent six-month period and carries a going-concern warning. The release names no financing source. Datavault AI's last reported balance sheet, at March 31, showed $2.2 million of cash and equivalents, though it predates a roughly $60 million equity raise in May, and the company faces a Nasdaq minimum-bid-price deadline on August 24.
AIB Data Centers Puts 570 MW in Its Headline. Sixty-Five of Them Are Under Contract, and None Are Under Contract to a Customer
AIB Data Centers' second-quarter release leads with "approximately 570 MW of identified capacity potential." By the company's own wording, 505 MW of that sits across five sites where no definitive lease, purchase or development agreement has been executed — about 89% of the headline. Underneath it, quarterly revenue fell 39% to $2.9 million and gross profit flipped to a $(0.5) million loss.
Blaize Grew Revenue 500% and Cut Its Year in Two Thirds. Memory Prices Did Both
The edge-AI chip company reported $12 million of quarterly revenue at an 8% gross margin, took full-year guidance from about $130 million to $40-43 million, and lost nearly half its market value.
The Neocloud Repricing: CoreWeave and Nebius Beat, and Every Smaller GPU Host Gets Dragged Along
CoreWeave closed Wednesday up 19.28 percent and Nebius up 34.14 percent after both reported quarters that outran expectations on revenue and contracted capacity. The smaller converted-miner hosts rallied in sympathy, but they finance the same build-out on materially worse terms.
Ouster's lidar quietly becomes public infrastructure as Utah expands to nearly 300 intersections
A multimillion-dollar expansion won by partner Econolite pushes Ouster's BlueCity footprint across Utah roads, five days after a quarter that beat on revenue and missed badly on profit.
SoundHound AI Notches Record $61.9 Million Quarter and Lifts Full-Year Outlook as Voice AI Lands Bigger Deals
The voice-AI company's 45% revenue growth, improving margins and a raft of seven-figure enterprise wins sent shares sharply higher in one of the strongest small-cap AI prints of the season.
BigBear.ai Beats on Revenue as Defense AI Contracts Stack Up, With a $410 Million Cash Pile Pointed at M&A
The defense-focused AI company posted 13% growth, a nearly eight-point margin expansion and more than 20 new contract wins — and told investors it is now hunting for acquisitions.