- Hyperscale Data, Inc. (GPUS) is in advanced negotiations for a master services agreement to provide 20 megawatts of AI compute capacity at its Michigan data center.
- The deal is expected to generate over $1.0 billion in revenue over a 20-year period.
- The company plans to cease Bitcoin mining at the Michigan campus to focus on higher-margin AI services.
- After-hours trading saw the stock at $0.25.