Hyperscale Data to separate from Ault by year-end, Chairman Ault III to depart

In a letter to shareholders, Founder and Executive Chairman, Milton “Todd” Ault III said, “We intend to complete our previously announced separation from Ault Capital Group by year-end 2025. After the separation, Hyperscale Data (GPUS) will operate as a standalone, publicly traded infrastructure company focused on delivering AI and digital asset compute solutions. Following the separation of ACG, I will step away from Hyperscale Data to focus almost exclusively on leading ACG and its growing portfolio of businesses, which include private credit, AI software, social gaming, equipment rental, aerospace and defense, industrial, automotive, medical/biopharma, and hospitality operations. Upon my departure, William Horne, our Chief Executive Officer, is expected to continue in his current role and assume the position of Chairman of the Board”