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The latest update is out from SATO Technologies ( (TSE:SATO) ).
SATO Technologies Corp. has launched a new subsidiary, Qritical AI Inc., to enter the AI infrastructure sector. The subsidiary will develop AI Factory 1, a data center in Joliette, Québec, optimized for large language models and inference workloads, utilizing hydroelectric power. This move aligns with SATO’s strategy to integrate clean energy with advanced computing solutions, positioning the company as a leader in sustainable AI infrastructure.
More about SATO Technologies
SATO Technologies Corp., founded in 2017, is a publicly listed technology infrastructure company focused on providing efficient computing power for Bitcoin mining and high-performance computing (HPC). The company is expanding its focus to include artificial intelligence (AI) infrastructure, leveraging sustainable energy sources.
Average Trading Volume: 19,567
Technical Sentiment Signal: Sell
Current Market Cap: C$8.37M
For detailed information about SATO stock, go to TipRanks’ Stock Analysis page.