tiprankstipranks
The Fly

Hyperscale Data subsidiary adding 40 MW to Michigan data center

Hyperscale Data subsidiary adding 40 MW to Michigan data center

Hyperscale Data’s (GPUS) indirectly wholly owned subsidiary Alliance Cloud Services has reached an agreement in principle with the local natural gas utility to provide the capability to energize ACS’ Michigan data center with an additional 40 MW. This would enable ACS to increase its power capacity from approximately 30 MW to approximately 340 MW. The project is expected to be completed within 18 months of the execution of definitive agreements. The expansion of the Data Center to 300 MW is a crucial long-term goal for ACS, enabling ACS to better serve the rapidly growing demand for high-performance computing services powering AI infrastructure. Additionally, the Company is exploring options that could potentially provide a further incremental capability to energize another approximately 85 MW.

Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>

Questions or Comments about the article? Write to editor@tipranks.com