Hyperscale Data, Inc.
(NYSE:GPUS) stock rose in Monday's premarket session after the company said it is advancing talks for a potential Michigan AI data center services deal that could generate more than $2.5 billion over 20 years if fully expanded.
Potential AI Data Center Agreement The company said its indirect wholly owned subsidiary, Alliance Cloud Services, is negotiating with a prospective customer to provide colocation and related services for AI compute deployments.
If signed, the agreement would begin with 10 megawatts of critical power capacity within 90 days, followed by another 10 megawatts 90 days later.
The initial 20-megawatt deployment could generate more than $1 billion over 20 years.
