Core Viewpoint - Hyperscale Data, Inc. is expanding its Michigan data center's power capacity from approximately 30 MW to 340 MW, with an agreement to add an additional 40 MW from natural gas, significantly enhancing its ability to meet the growing demand for high-performance computing services, particularly for AI infrastructure [1][2]. Group 1: Expansion Details - The data center expansion to 300 MW is a crucial long-term goal for the company, aimed at serving the increasing demand for high-performance computing services [2]. - The additional 40 MW of power will be delivered sooner than the previously announced upgrade, utilizing natural gas instead of grid utility sources [2]. - The company is also exploring options to potentially add another 85 MW of power capacity [2]. Group 2: Strategic Goals - The CEO of Hyperscale Data emphasized the importance of alternative power sources in achieving the company's long-term goal of becoming a pureplay data center business [3]. - The company is transitioning towards high-performance computing services and will provide updates to stakeholders as developments occur [2][3]. Group 3: Company Overview - Hyperscale Data operates a data center that mines digital assets and offers colocation and hosting services for AI ecosystems and other industries [5]. - The company plans to divest its subsidiary Ault Capital Group, Inc. by December 31, 2025, focusing solely on data center operations [6].
Hyperscale Data Subsidiary Reaches Agreement in Principle to Add Capability for an Incremental 40 Megawatts to its Michigan Data Center, Boosting AI Infrastructure Development