Jericho Energy Ventures Appoints New Director to Lead AI Data Center Initiative

Jericho Energy Ventures ( (TSE:JEV) ) has provided an announcement.

Jericho Energy Ventures has appointed Jake Royster as Director of Operations to oversee its AI-focused Modular Data Centers and enhance its traditional oil and gas assets. With Royster’s extensive experience in the energy sector, the company aims to leverage his expertise to drive its new initiative and strengthen its market position. The launch of Jericho’s Modular Data Center venture, which utilizes natural gas infrastructure for AI computing solutions, positions the company to meet the growing demand for secure and cost-efficient data centers in the U.S., particularly as tech giants seek suitable locations for AI operations.

More about Jericho Energy Ventures

Jericho Energy Ventures is an energy company focused on meeting current energy demands and facilitating the energy transition. It owns and operates traditional hydrocarbon joint venture assets in Oklahoma and is involved in advancing low-carbon energy solutions, including investments in hydrogen technology. The company also offers zero-emission boiler technology through its subsidiary, Hydrogen Technologies, and is developing a high-temperature, low-cost electrolyzer system through Etna Solutions, Inc.

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Technical Sentiment Signal: Buy

Current Market Cap: C$45.5M

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