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BluSky AI Signs Letter of Intent for Expansion

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BluSky AI Signs Letter of Intent for Expansion

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An announcement from BluSky AI ( (BSAI) ) is now available.

On August 28, 2025, BluSky AI Inc. announced the signing of a non-binding Letter of Intent to lease two acres of land at the White Cloud facility in Wells, Nevada. This strategic move is part of BluSky’s expansion plan to enhance its modular data service units across the Western U.S., focusing on scalable compute infrastructure with energy efficiency and community integration. The lease agreement, which includes a 10-year term with options for extension, aims to support BluSky’s mission to democratize AI compute access, leveraging Wells, Nevada’s power density and geographic resilience.

More about BluSky AI

BluSky AI Inc., headquartered in Salt Lake City, Utah, operates in the artificial intelligence industry, providing GPU-as-a-Service through its rapidly deployable SkyMod data centers. These next-generation, scalable AI factories are designed to support machine learning workloads, offering speed-to-market and energy optimization for a range of partners from startups to enterprises.

Average Trading Volume: 4,171

Technical Sentiment Signal: Sell

Current Market Cap: $147.3M

See more data about BSAI stock on TipRanks’ Stock Analysis page.

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