Core Insights - Atlas Cloud AI and NewYork GreenCloud have announced a $6 billion partnership to develop sustainable AI infrastructure, leveraging NVIDIA's Blackwell platform [1] Company Overview - The partnership aims to create a robust AI infrastructure that emphasizes sustainability, indicating a strategic move towards environmentally friendly technology solutions [1] - The collaboration highlights the increasing importance of AI in various sectors and the need for sustainable practices within the tech industry [1] Industry Implications - This initiative reflects a growing trend in the technology sector where companies are prioritizing sustainability alongside innovation [1] - The investment in AI infrastructure is expected to drive advancements in AI capabilities, potentially leading to new applications and efficiencies across multiple industries [1]

Core Insights - EdgeMode has entered into a Memorandum of Understanding (MOU) with Supermicro and Krambu to enhance the deployment of sustainable, high-performance AI data centers [5][6][9] Group 1: Strategic Collaboration - The collaboration aims to establish a framework for deploying EdgeMode's large-scale AI data center portfolio, leveraging Supermicro's server technologies and Krambu's expertise in liquid cooling and sustainable design [5][6] - The MOU focuses on a coordinated supply and deployment model for high-density server and GPU infrastructure, reducing procurement risks and shortening deployment timelines [6][7] Group 2: Infrastructure and Sustainability - The partnership emphasizes energy efficiency, with Krambu's liquid-cooling systems enabling higher rack densities and lower power usage effectiveness (PUE) [7][9] - The integration of renewable energy sources and waste-heat recovery systems is designed to transform sustainability into a cost-saving operational model [7][9] Group 3: Future-Ready Data Center Model - The collaboration combines hardware, infrastructure, and sustainability engineering into a unified delivery framework, supporting faster market entry and scalability [7][10] - EdgeMode is positioned as a next-generation data center operator, focusing on AI and high-density compute rather than traditional colocation services [7][10] Group 4: Next Steps - The parties will work towards a definitive agreement and detailed implementation plans, with the MOU being non-exclusive and primarily focused on confidentiality and procedural provisions [11]

Business Overview - TeraWulf expects to lease 250-500 MW critical IT load of new HPC capacity per year[6] - The company has contracted 594 MW for HPC Colocation and ~130 MW for Bitcoin Mining[6] - TeraWulf achieved an energy cost of $0047/kWh in 3Q25[6] HPC Expansion - 60 MW is contracted to Core42 (online 2025/2026)[8] - 366 MW is contracted to Fluidstack (expected online 2026)[8] - 168 MW Abernathy JV is expected online in 2026[8] Financial Highlights - TeraWulf announced a $32 billion senior secured green notes offering due 2030 with a 7750% coupon[18, 19] - Gross HPC Lease Revenue reached $72 million in Q3 2025[42] - The company ended Q3 2025 with a hash rate of 116 EH/s, a 53% year-over-year increase[42] Capacity and Pipeline - Total capacity is 1390 MW (gross), including 750 MW at Lake Mariner, 400 MW at Cayuga, and 240 MW at Abernathy[41] - Leased critical capacity is 594 MW, with 60 MW to Core42 in 2025, 366 MW to Fluidstack in 2026, and 168 MW to Abernathy in 2026[41] - The future critical IT capacity pipeline is 750 – 1500 MW[41]

Core Viewpoint - EdgeMode Inc. has announced a strategic acquisition of a portfolio of hyperscale data center development assets in Spain, aiming to establish a significant presence in the sustainable AI infrastructure market with a potential capacity of 1.5 GW [2][6]. Transaction Details - EdgeMode will acquire a 75% controlling interest in the data center portfolio, while Blackberry AIF (BAIF) will retain a 25% stake [3]. - The portfolio includes five campuses located in Malpica, Cáceres, Vianos, Córdoba, and Torrecampo, with an estimated asset value of $100 million [3]. Infrastructure and Sustainability - Each data center campus will be designed to be Tier III-compliant and AI-ready, featuring secured land rights and dark fiber connectivity [3]. - The campuses will operate on 100% solar energy, supported by battery energy storage systems (BESS), ensuring stable and sustainable energy supply [4]. Development Timeline - The projects are expected to achieve Ready-to-Build (RTB) status starting Q1 2026, with phased capacity roll-out through 2027 [5]. - Each site will be developed in modular 10 MW IT blocks, paired with approximately 60 MWp of solar and 240 MWh of storage [5]. Strategic Positioning - This acquisition positions EdgeMode as a leading developer of renewable-powered hyperscale data centers in Europe, capitalizing on the growing demand from hyperscale and AI operators in Spain [6]. - The company gains a first-mover advantage in a supply-constrained market by securing one of the largest permitted development portfolios in the country [6]. Leadership Commentary - The CEO of EdgeMode highlighted the acquisition as a transformational milestone, establishing a foundation for long-term growth in a capacity-limited market [7]. - The partnership with BAIF, which has over 20 years of renewable energy development experience in Spain, enhances EdgeMode's capability to execute rapidly [7]. Broader Expansion Plans - The agreement aligns with EdgeMode's broader European expansion strategy, including ongoing projects in Sweden [7]. - The company aims to become a billion-dollar market cap leader in sustainable digital infrastructure, supported by strong capital market traction and plans for a Nasdaq uplisting within the next 12 months [7].