GLAI Global AI Inc (QB)

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C., 20549

 

FORM 8-K

 

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the

Securities Exchange Act of 1934

 

Date of Report (Date of earliest event reported): December 30, 2024

 

Global AI, Inc.

(Exact name of registrant as specified in its charter)

 

Nevada		333-163439		26-4170100
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification No.)

 

110 Front Street, Suite 300, Jupiter, FL 33477

(Address of principal executive offices, including Zip Code)

 

(561) 240-0333

(Registrant’s telephone number, including area code)

 

N/A

(Former name or former address, if changed since last report.)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions

 

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13a-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class		Trading Symbol(s)		Name of each exchange on which registered
N/A		N/A		N/A

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company ☐

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

 

 

Item 7.01 Regulation FD Disclosure.

 

On December 30, 2024, the Company issued a press release  announcing the formation of a dedicated R&D and Innovation Lab and the hiring of fourteen (14) senior AI specialists and senior software engineers. A copy of the press release is filed as Exhibit 99.1 to this Current Report on Form 8-K.

 

The information in this Item 7.01, including Exhibit 99.1 attached hereto, is being furnished and shall not be deemed “filed” for the purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), nor shall it be deemed incorporated by reference in any of the Company’s filings under the Securities Act of 1933, as amended, or the Exchange Act, whether made before or after the date hereof, except as shall be expressly set forth by specific reference to this report in such filing.

 

Forward Looking Statement

 

This Current Report on Form 8-K contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our ability to successfully develop and implement AI solutions, achieve anticipated synergies, and maintain market competitiveness; our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Factors that may cause actual results to differ materially from current expectations include, among other things, those listed under the heading “Risk Factors” and elsewhere in our most annual report on Form 10-K that we have filed with the U.S. Securities and Exchange Commission. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur. Past performance is not indicative of future results.

 

Item 9.01 Financial Statements and Exhibits.

 

(d) Exhibits

 

Exhibit No.		Description
99.1		Press Release of the Registrant, dated as of December 30, 2024.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

Date: December 30, 2024

 

GLOBAL AI, INC.
By:	/s/ Nevenka Cresnar Pergar
Name:	Nevenka Cresnar Pergar
Title:	Acting President and Chief Executive Officer

 

 

Exhibit 99.1

 

Global AI Launches R&D and Innovation Lab and
Adds 14 Senior AI Experts to Drive Next-Gen AI Solutions

 

New York City—12.30.2024—Global AI (OTC: GLAI), a leader in applicative and generative AI, announces hiring 14 senior AI specialists and software engineers to lead our newly formed Innovation Lab. This team will drive the development of groundbreaking AI technologies, positioning Global AI at the forefront of enterprise AI innovation.

 

A New Era of Innovation

 

The Innovation Lab is tasked with solving pressing challenges large institutions and enterprises face. Our focus is on building AI solutions that are secure, scalable, and privacy-centric, addressing the most critical pain points in data security and operational efficiency.

 

Establishing Our Global Footprint

 

Our newly formed, wholly-owned Israeli subsidiary will serve as the core of our group’s innovation and engineering efforts, drawing from the country’s leadership in AI, machine learning, cybersecurity, and fintech. This expansion positions Global AI within one of the world’s most advanced tech ecosystems, enhancing our ability to attract and retain top-tier talent globally.

 

Focused on Secure, Privacy-First Applicative, and Generative AI Innovation

 

The R&D and Innovation Lab will initially prioritize:

 

●	Privacy-first AI products and secure enterprise solutions.
●	Predictive analytics for enhanced risk management.
●	AI/ML recommendation engines to drive enterprise growth.
●	Generative AI tools to boost operational efficiency and customer engagement.
●	Federated learning to foster secure, collaborative intelligence.

 

Our Commitment to Excellence

 

This move underscores Global AI’s dedication to solving complex enterprise challenges and driving AI innovation in highly regulated sectors.

 

Meet Our Expert Team

 

Our new team includes highly experienced engineers, AI/ML experts, and thought leaders specializing in Generative AI, Data Engineering, and Big Data. They bring extensive expertise in building scalable and secure AI technologies, focusing on B2B enterprise solutions.

 

 

Flagship Products: GenM and GeniX

 

The Innovation Lab will initially focus on two flagship products designed to set new industry standards:

 

1.

GenM:

 

●	A secure Generative AI platform tailored for enterprise use, leveraging large language models (LLMs).

 

●	Empowers organizations with secure, prompt engineering and document management tools.

 

2.

GeniX:

 

●	AI-driven chat platform seamlessly integrating with enterprise IT systems and digital products.

 

●	Supports multilingual interfaces, advanced search, and analytics to enhance customer experience and knowledge management.

 

Strategic Vision

 

AI is transforming industries at a pace unlike anything seen before. This shift promises unprecedented growth, innovation, and efficiency for global enterprises. The change is not coming—it’s already here.

 

At Global AI, we are at the forefront of this revolution. Through focused innovation and strategic acquisitions, we are shaping the future of AI. Our clear goal is to unite fast-growing AI companies to build a cutting-edge, visionary AI-driven technology business. This approach fuels innovation, streamlines operations, and expands our product and solutions reach through strong Go-To-Market strategies.

 

Quote from Leadership

 

“Our expansion into Israel and the addition of this elite AI team reflect our relentless pursuit of innovation,” said Darko Horvat, Founder, Global AI. “The Innovation Lab will accelerate the delivery of secure, private AI products, addressing the demand for intelligent solutions in today’s digital-first, highly regulated world.”

 

Forward-Looking Statements

 

This press release contains forward-looking statements. In addition, from time to time, we or our representatives may make forward-looking statements orally or in writing. We base these forward-looking statements on our expectations and projections about future events, which we derive from the information currently available to us. Such forward-looking statements relate to future events or our future performance, including: our ability to successfully develop and implement AI solutions, achieve anticipated synergies, and maintain market competitiveness; our financial performance and projections; our growth in revenue and earnings; and our business prospects and opportunities. You can identify forward-looking statements by those that are not historical in nature, particularly those that use terminology such as “may,” “should,” “expects,” “anticipates,” “contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,” “potential,” or “hopes” or the negative of these or similar terms. Factors that may cause actual results to differ materially from current expectations include, among other things, those listed under the heading “Risk Factors” and elsewhere in our most annual report on Form 10-K that we have filed with the U.S. Securities and Exchange Commission. Forward-looking statements are only predictions. The forward-looking events discussed in this document and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties and assumptions about us. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this document and other statements made from time to time by us or our representatives might not occur. Past performance is not indicative of future results.

 

Contact Information

 

Michael Ingwer, Email: Michael.ingwer@global.ai, Tel: +1 (917) 270-0792

 

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Cover	Dec. 30, 2024
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Document Period End Date	Dec. 30, 2024
Entity File Number	333-163439
Entity Registrant Name	Global AI, Inc.
Entity Central Index Key	0001473490
Entity Tax Identification Number	26-4170100
Entity Incorporation, State or Country Code	NV
Entity Address, Address Line One	110 Front Street
Entity Address, Address Line Two	Suite 300
Entity Address, City or Town	Jupiter
Entity Address, State or Province	FL
Entity Address, Postal Zip Code	33477
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