Jericho Energy Ventures ( (TSE:JEV) ) has issued an announcement.
Jericho Energy Ventures has launched a new Modular Data Center initiative, transforming its natural gas assets into AI computing powerhouses. This move aligns with the Trump administration’s pro-energy regulatory environment and leverages Jericho’s strategic partnerships and infrastructure in Oklahoma. The initiative aims to provide secure, modular AI computing infrastructure, enhancing efficiency and energy resilience. This venture is expected to boost revenue and shareholder value by meeting the growing demand for AI-ready data centers, which is projected to increase significantly in the coming years.
More about Jericho Energy Ventures
Jericho Energy Ventures is an energy company that operates in both traditional hydrocarbon and low-carbon energy sectors. It owns and develops oil and gas assets in Oklahoma and is involved in the energy transition with investments in hydrogen technologies. The company also offers zero-emission boiler technology and is developing an alkaline-based electrolyzer system.
Average Trading Volume: 28,597
Technical Sentiment Signal: Buy
Current Market Cap: C$39.43M
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