Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
The latest update is out from BluSky AI ( (BSAI) ).
On September 23, 2025, BluSky AI Inc. announced the signing of a non-binding Letter of Intent to lease a strategic site in Nephi, Utah, as part of its expansion of modular AI infrastructure. The lease agreement with TNT Land and Holdings LLC includes a base lease rate escalating with increased capacity, and a 10-year term with optional extensions. This move is a strategic milestone in BluSky’s infrastructure roadmap, aimed at supporting its mission to democratize access to high-performance AI compute, and reflects its commitment to building modular, ESG-aligned infrastructure across the Western U.S.
More about BluSky AI
Headquartered in Salt Lake City, Utah, BluSky AI Inc. is a Neocloud purpose-built for artificial intelligence through rapidly deployable SkyMod data centers. SkyMods are next-generation, scalable AI Factories providing speed-to-market and energy optimization for entities requiring high-performance infrastructure to support machine learning workloads. BluSky AI empowers small, mid-sized, enterprise, and academic partners from start-up to scale-up to drive innovation without compromise.
Average Trading Volume: 3,795
Technical Sentiment Signal: Sell
Current Market Cap: $134.6M
Find detailed analytics on BSAI stock on TipRanks’ Stock Analysis page.