HUMBL, Inc Announces Joint Venture Agreement with MultiCortex to Expand its Artificial Intelligence (AI) Distribution
San Diego, CA, April 08, 2025 (GLOBE NEWSWIRE) — HUMBL, Inc. (OTC: HMBL) is pleased to announce a joint venture agreement with MultiCortex, LLC, a U.S. and Brazilian-based company specializing in artificial intelligence (AI) and high-performance computing.
Under the terms of the agreement, HUMBL, Inc. will hold a 51% equity stake in the joint venture, while MultiCortex co-founders Bruno Ghizoni and Alessandro Faria will retain 49% and lead daily operations. HUMBL, Inc. will invest up to $3 million USD from its upcoming Regulation A+ public offering to support go-to-market initiatives and expansion.
The partnership will enable MultiCortex to further complete and commercialize its proprietary “Forest of Algorithms” — a federated large language model (LLM) platform designed to integrate multiple AI systems into a unified, intelligent framework.
Developed by MultiCortex CTO Alessandro Faria, the “Forest of Algorithms” enables seamless orchestration of diverse LLMs and has been recognized by NVIDIA for its innovation. The federated AI system will be distributed globally through major cloud marketplaces, including AWS, Google Cloud, Oracle Cloud, and Microsoft Azure.
Mr. Faria, a globally recognized leader in biometric AI and a member of the Intel International Council, has led the development of technologies that have processed over 100 million biometric identities. MultiCortex is a recognized partner of AWS and Intel, and is committed to delivering advanced AI solutions through global cloud ecosystems and enterprise channels.
Thiago Moura, CEO of HUMBL, Inc, said:
This venture allows us to take cutting-edge AI and deliver it globally through our commercial reach in the United States and Latin America,
“Together, the companies aim to shape the future of AI through an integrated, collaborative model that prioritizes interoperability over competition.”
Looking ahead, the joint venture will support MultiCortex in expanding its sales, strategic partnerships, and financing capabilities within the U.S. market. It will also drive the development of tailored AI integrations for enterprise clients across specific use cases and industry verticals.
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HUMBL, Inc Announces Joint Venture Agreement with MultiCortex to Expand its Artificial Intelligence (AI) Distribution, source
