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Shipping Firm OceanPal Adds AI Arm With $120M PIPE Deal, Eyes 10% of NEAR Supply

By Yahoo! Finance   |   1 month ago
Shipping Firm OceanPal Adds AI Arm With $120M PIPE Deal, Eyes 10% of NEAR Supply

OceanPal Inc. plans to shift focus to artificial intelligence infrastructure by launching SovereignAI, a subsidiary on Near Protocol blockchain. The company aims to build user-owned AI cloud services and acquire 10% of NEAR tokens. Shares fell 20% but aim to enable autonomous agent commerce.

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