The power-generation company has agreed to buy Cogentrix Energy, in a $4 billion deal consisting of cash, stock, and debt. ...

Core Viewpoint - KULR Technology Group is positioning itself as a leader in the development of next-generation Battery Backup Units (BBUs) for AI data centers, emphasizing safety and performance in its new KULR ONE MAX architecture [1][2][3]. Group 1: Company Overview - KULR Technology Group, Inc. is a Bitcoin+ Treasury company focused on high-performance energy systems for various industries [1][6]. - The company has integrated bitcoin into its treasury program, committing to allocate up to 90% of its excess cash for bitcoin acquisition since late 2024 [7]. Group 2: Product Development - The KULR ONE MAX is designed to transition AI-scale data centers from legacy BBU architectures to high-power lithium-ion systems based on the 21700 cell platform [2][5]. - The architecture incorporates advanced safety features, including thermal-propagation resistance and UL 9540/9540A qualification, ensuring safety is embedded from the design stage [3][4]. Group 3: Industry Positioning - KULR's participation in Reuters Energy Live 2025 highlights its strategic positioning in the electrification of data centers, aiming to address AI power instability and grid reliability [2][5]. - The company aims to create long-term strategic partnerships with AI server manufacturers and cloud service platforms through its innovative BBU solutions [2][5].