Algorhythm Holdings Inc (Algorhythm) is an AI technology company primarily focused on the development and growth of its SemiCab business, which is an AI-enabled software logistics and distribution platform. The company operates in the logistics and distribution industry, serving retailers, brands, and transportation providers to address common supply chain challenges globally. Algorhythm business portfolio includes the SemiCab platform, which is a cloud-based collaborative transportation platform designed to optimize loads and truck usage. The platform uses real-time data from API-based load tendering and integrates with TMS and ELD partners to facilitate collaboration among manufacturers, retailers, distributors, and carriers. SemiCab employs AI/ML techniques and advanced predictive optimization models to build fully loaded round trips, increasing transportation capacity, improving asset utilization, reducing empty miles, lowering logistics costs, and providing visibility into the transportation network. The company previously operated the Singing Machine business, which focused on consumer karaoke audio equipment and musical recordings, but sold this business on August 1, 2025. Algorhythm's strategy involves investing in the continued research and development of its SemiCab technology, hiring additional employees, and expanding its customer base, which includes major retailers and fast-moving consumer products companies. The company acquired the U.S. component of its SemiCab business on July 3, 2024, and the India component on May 2, 2025. Algorhythm is actively evaluating opportunities to expand its SemiCab business through investments in complementary AI logistics and distribution businesses. SemiCab is an AI-enabled, cloud-based collaborative transportation platform serving the logistics and distribution industry. It uses AI/ML techniques to optimize truck loads and utilization, addressing supply chain issues for retailers, brands, and transportation providers globally. SemiCab has enabled major retailers and transportation providers to address transportation needs, increasing capacity and reducing costs. The AI model improved asset utilization and reduced empty miles, contributing to sustainability by lowering the carbon footprint. The India segment of the business focuses on AI-enabled logistics and distribution through the SemiCab platform, serving industries like retail and transportation. It primarily operates in India, providing services to major retailers and transportation providers. SemiCab's AI logistics to enhance truck utilization, reduce costs, and expand globally through acquisitions and partnerships.