Intellistake to acquire Dallas-based NanoAi for $17 million in stock

Vancouver-based AI infrastructure company Intellistake has agreed to acquire Dallas-based NanoAi Technologies, which makes air screening devices with a variety of applications. The news: Intellistake will issue $17 million CAD worth of stock to purchase NanoAi , the company announced on Tuesday. The stock will be issued based on performance milestones related to NanoAi’s future revenue and contracts.