BlockchAIn Secures 20 MW AI Data Center, Shares Take Off

BlockchAIn Secures 20 MW AI Data Center, Shares Take Off Shares of AI infrastructure firm BlockchAIn (NYSE: AIB)wereup over16percentinpremarkettradingafterthecompanysaid it enteredintoanonbindingletterofintent fora20megawatt buildtosuitdatacenterleaseinNorthCarolina.ThecompanysaystheprojectisexpectedtorepresentoverAIB) were up over 16 percent in pre market trading after the company said it entered into a non-binding letter of intent for a 20 megawatt build-to-suit data center lease in North Carolina. The company says the project is expected to represent over 400 million in total contract value over an initial 10-year lease term. Including two seven-year renewal options, the potential aggregate TCV could reac ...

BlockchAIn Secures 20 MW AI Data Center, Shares Take Off - Reportify