Hyperscale Data (GPUS) has engaged Northland Capital Markets to assist in evaluating strategic alternatives for its Michigan Data Center. The Michigan facility sits on 34.5 acres and currently has approximately 30 MW of available power and has reached an agreement in principle with the local utility enabling Alliance Cloud Services, an indirectly wholly owned subsidiary of the company, to increase its power capacity to approximately 300 MW. The completion of the power upgrade is subject to a number of risks and uncertainties
Claim 30% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on GPUS:
- Hyperscale Data subsidiary announces agreement with local utility in Michigan
- Hyperscale Data Announces Preferred Stock Dividends
- Hyperscale Data Announces Dividends and Deferral
- Ault & Company increases stake in Hyperscale Data
- Hyperscale Data unit signs pact in support of AI implementation in data center