An email has been sent to your address with instructions for changing your password.
There is no user registered with this email.
Sign Up
To create a free account, please fill out the form below.
Thank you for signing up!
A confirmation email has been sent to your email address. Please check your email and follow the instructions in the message to complete the registration process. If you do not receive the email, please check your spam folder or contact us for assistance.
Welcome to our platform!
Oops!
Something went wrong while trying to create your new account. Please try again and if the problem persist, Email Us to receive support.
Ault Alliance's subsidiary, Sentinum, signs the first non-mining colocation/hosting agreement utilizing a Tier 3 portion of its data center with a capacity of 30 MW, expandable to 300 MW. The company aims to reallocate resources for High Performance Computing and Artificial Intelligence use cases, moving some Bitcoin mining operations to Montana sites. Discussions are ongoing with potential customers for additional capacity.
La filiale di Ault Alliance, Sentinum, ha firmato il primo accordo di collocazione/hosting non minerario, utilizzando una parte di livello 3 del proprio data center con una capacità di 30 MW, espandibile fino a 300 MW. L'obiettivo dell'azienda è di riallocare risorse per l'elaborazione ad alte prestazioni e l'uso dell'intelligenza artificiale, spostando alcune operazioni di estrazione di Bitcoin verso siti in Montana. Le discussioni sono in corso con potenziali clienti per capacità aggiuntive.
La subsidiaria de Ault Alliance, Sentinum, firma el primer acuerdo de colocación/alojamiento no minero utilizando una parte de nivel 3 de su centro de datos con una capacidad de 30 MW, ampliable hasta 300 MW. La compañía tiene como objetivo reasignar recursos para el Computo de Alto Rendimiento y casos de uso de Inteligencia Artificial, trasladando algunas operaciones de minería de Bitcoin a sitios en Montana. Se están manteniendo discusiones con clientes potenciales para la capacidad adicional.
Ault Alliance의 자회사인 Sentinum이 자사 데이터 센터의 3단계 부분을 활용하여 30MW의 용량(300MW까지 확장 가능)을 가진 첫 번째 비광산 공동배치/호스팅 계약을 체결했습니다. 이 회사는 고성능 컴퓨팅 및 인공지능 사용 사례에 자원을 재배치하고 몬태나의 사이트로 일부 Bitcoin 채굴 작업을 이전하려는 목표를 가지고 있습니다. 추가 용량을 위한 잠재 고객과의 협의가 진행 중입니다.
La filiale d’Ault Alliance, Sentinum, signe le premier accord de colocalisation/hébergement non minier utilisant une partie de niveau 3 de son centre de données avec une capacité de 30 MW, extensible à 300 MW. La société vise à réaffecter des ressources pour le Calcul de Haute Performance et l'utilisation de l'Intelligence Artificielle, en déplaçant certaines opérations de minage de Bitcoin vers des sites au Montana. Les discussions se poursuivent avec des clients potentiels pour une capacité supplémentaire.
Die Tochtergesellschaft von Ault Alliance, Sentinum, unterzeichnete die erste nicht-miningbezogene Colocation/Hosting-Vereinbarung, die einen Tier-3-Teil ihres Datenzentrums mit einer Kapazität von 30 MW nutzt, erweiterbar auf 300 MW. Das Unternehmen beabsichtigt, Ressourcen für das Hochleistungsrechnen und den Einsatz von Künstlicher Intelligenz neu zu verteilen, indem einige Bitcoin-Mining-Operationen nach Montana verlagert werden. Diskussionen mit potenziellen Kunden für zusätzliche Kapazitäten laufen.
Positive
None.
Negative
None.
LAS VEGAS--(BUSINESS WIRE)--
Ault Alliance, Inc. (NYSE American: AULT), a diversified holding company (“Ault Alliance,” or the “Company”), announced today that its wholly owned subsidiary, Sentinum, Inc. (“Sentinum”) has signed its first non-mining colocation/hosting agreement utilizing the Tier 3 portion of its approximately 100,000 square foot enterprise-class data center. The data center, operated by its subsidiary, Alliance Cloud Services, LLC, is located within a 617,000 square foot building on a 34.5-acre campus in southwestern Michigan. The data center, strategically positioned near power production sites, boasts a current capacity of approximately 30 megawatts (“MWs”) of power. However, the facility has the opportunity to expand to 300 MW, subject to the Company’s receipt of necessary approvals and adequate funding, which it may or may not obtain.
William B. Horne, Chief Executive Officer of Ault Alliance, remarked, “This marks the successful achievement of another milestone in our efforts to continue developing and deploying our resources provided through the Michigan data center. We are in the process of reallocating deployed infrastructure resources to support High Performance Computing and Artificial Intelligence use cases, which will require that we move a portion of our Bitcoin mining operations to our Montana sites. Although our first customer’s power requirements only represent a small amount of the total available capacity, we are in discussions with others which have expressed an interest in acquiring a significant amount of the currently available additional capacity.”
For more information on Ault Alliance and its subsidiaries, Ault Alliance recommends that stockholders, investors, and any other interested parties read Ault Alliance’s public filings and press releases available under the Investor Relations section at www.Ault.com or at www.sec.gov.
About Ault Alliance, Inc.
Ault Alliance, Inc. is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact. Through its wholly and majority-owned subsidiaries and strategic investments, Ault Alliance owns and operates a data center at which it mines Bitcoin and offers colocation and hosting services for the emerging artificial intelligence ecosystems and other industries, and provides mission-critical products that support a diverse range of industries, including metaverse platform, oil exploration, crane services, defense/aerospace, industrial, automotive, medical/biopharma, consumer electronics, hotel operations and textiles. In addition, Ault Alliance extends credit to select entrepreneurial businesses through a licensed lending subsidiary. Ault Alliance’s headquarters are located at 11411 Southern Highlands Parkway, Suite 240, Las Vegas, NV 89141; www.Ault.com.
Forward-Looking Statements
This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements generally include statements that are predictive in nature and depend upon or refer to future events or conditions, and include words such as “believes,” “plans,” “anticipates,” “projects,” “estimates,” “expects,” “intends,” “strategy,” “future,” “opportunity,” “may,” “will,” “should,” “could,” “potential,” or similar expressions. Statements that are not historical facts are forward-looking statements. Forward-looking statements are based on current beliefs and assumptions that are subject to risks and uncertainties.
Forward-looking statements speak only as of the date they are made, and the Company undertakes no obligation to update any of them publicly in light of new information or future events. Actual results could differ materially from those contained in any forward-looking statement as a result of various factors. More information, including potential risk factors, that could affect the Company’s business and financial results are included in the Company’s filings with the U.S. Securities and Exchange Commission, including, but not limited to, the Company’s Forms 10-K, 10-Q and 8- K. All filings are available at www.sec.gov and on the Company’s website at www.Ault.com.
Ault Alliance Investor Contact:
IR@Ault.com or 1-888-753-2235
Source: Ault Alliance, Inc.
FAQ
What agreement did Sentinum, Ault Alliance's subsidiary, sign?
Sentinum signed its first non-mining colocation/hosting agreement.
Where is the data center located?
The data center is located within a 617,000 square foot building on a 34.5-acre campus in southwestern Michigan.
What is the current capacity of the data center?
The data center has a current capacity of approximately 30 megawatts (MWs) of power.
How much power can the data center expand to?
The facility has the opportunity to expand to 300 MW, subject to necessary approvals and funding.
Why is Ault Alliance reallocating resources?
Ault Alliance is reallocating resources for High Performance Computing and Artificial Intelligence use cases.
Where will Ault Alliance move some of its Bitcoin mining operations?
Ault Alliance will move some Bitcoin mining operations to its Montana sites.
Who is the Chief Executive Officer of Ault Alliance?
William B. Horne is the Chief Executive Officer of Ault Alliance.
Where can interested parties find more information about Ault Alliance?
Interested parties can find more information on Ault Alliance's public filings and press releases on the Investor Relations section at www.Ault.com or at www.sec.gov.
dpw holdings, inc is a diverse holding company with a growth strategy of acquiring undervalued assets, disruptive technologies, sustainable solutions and impactful ventures for incubation and development to reach their full potential for long-term growth and returns for investors. we invest in diverse industries within the commercial, defense/aerospace, industrial, telecom, medical, crypto-mining, hospitality, textile, and investment/corporate lending markets. through our subsidiaries, we remain a leader and supplier of innovative technologies and services to cutting-edge power products and solutions.
