Hyperscale Data's Alliance Cloud Services Expands Collaboration with Silicon Valley Cloud Provider Following First NVIDIA GPU Deployment at Michigan Facility
Rhea-AI Summary
Hyperscale Data (NYSE American: GPUS) announced that its subsidiary Alliance Cloud Services (ACS) is expanding its collaboration with a major Silicon Valley cloud provider following successful NVIDIA GPU deployment at its Michigan facility. The expansion comes after ACS demonstrated its capability to provide purpose-built AI and high-performance computing infrastructure for enterprise clients.
Under the leadership of CEO William B. Horne, ACS is working to increase capacity to meet growing AI computing demand. The company combines advanced power infrastructure with NVIDIA's GPU technology to serve enterprise and cloud providers globally. The Michigan facility has been established as a trusted destination for GPU-driven workloads.
Positive
- Successful validation of GPU deployment capabilities at Michigan facility
- Expanded partnership with major Silicon Valley cloud provider
- Strategic positioning in growing AI infrastructure market
- Demonstrated ability to deliver enterprise-grade HPC infrastructure
Negative
- None.
News Market Reaction
On the day this news was published, GPUS gained 6.83%, reflecting a notable positive market reaction. Argus tracked a peak move of +4.4% during that session. Argus tracked a trough of -14.4% from its starting point during tracking. Our momentum scanner triggered 10 alerts that day, indicating notable trading interest and price volatility. This price movement added approximately $832K to the company's valuation, bringing the market cap to $13M at that time. Trading volume was very high at 3.6x the daily average, suggesting strong buying interest.
Data tracked by StockTitan Argus on the day of publication.
The initial deployment validated ACS's ability to deliver purpose-built artificial intelligence ("AI") and high-performance computing ("HPC") infrastructure for enterprise clients, establishing the
"This milestone underscores our ability to deliver tailored HPC infrastructure to enterprise clients that require scalable GPU computing capabilities," said William B. Horne, Chief Executive Officer of Hyperscale Data. "We are pleased to expand this relationship and to position ACS as a premier partner for companies deploying advanced AI applications."
By combining state-of-the-art power infrastructure with NVIDIA's GPU technology, ACS is well positioned to serve the growing needs of enterprise and cloud providers worldwide.
As demand for AI computing continues to surge, Hyperscale Data and ACS remain committed to broadening ACS's infrastructure, deepening their strategic partnerships, and supporting the next generation of enterprise AI innovation.
For more information on Hyperscale Data and its subsidiaries, Hyperscale Data recommends that stockholders, investors and any other interested parties read Hyperscale Data's public filings and press releases available under the Investor Relations section at hyperscaledata.com or available at www.sec.gov.
About Hyperscale Data, Inc.
Through its wholly owned subsidiary Sentinum, Inc., Hyperscale Data owns and operates a data center at which it mines digital assets and offers colocation and hosting services for the emerging AI ecosystems and other industries. Hyperscale Data's other wholly owned subsidiary, Ault Capital Group, Inc. ("ACG"), is a diversified holding company pursuing growth by acquiring undervalued businesses and disruptive technologies with a global impact.
Hyperscale Data currently expects the divestiture of ACG (the "Divestiture") to occur in the first quarter of 2026. Upon the occurrence of the Divestiture, the Company will be an owner and operator of data centers to support HPC services, as well as a holder of digital assets. Until the Divestiture occurs, the Company will continue to provide, through ACG and its wholly and majority-owned subsidiaries and strategic investments, mission-critical products that support a diverse range of industries, including an AI software platform, social gaming platform, equipment rental services, defense/aerospace, industrial, automotive and hotel operations. In addition, ACG is actively engaged in providing private credit and structured finance through a licensed lending subsidiary. Hyperscale Data's headquarters are located at 11411 Southern Highlands Parkway, Suite 190,
On December 23, 2024, the Company issued one million (1,000,000) shares of a newly designated Series F Exchangeable Preferred Stock (the "Series F Preferred Stock") to all common stockholders and holders of the Series C Preferred Stock on an as-converted basis. The Divestiture will occur through the voluntary exchange of the Series F Preferred Stock for shares of Class A Common Stock and Class B Common Stock of ACG (collectively, the "ACG Shares"). The Company reminds its stockholders that only those holders of the Series F Preferred Stock who agree to surrender such shares, and do not properly withdraw such surrender, in the exchange offer through which the Divestiture will occur, will be entitled to receive the ACG Shares and consequently be shareholders of ACG upon the occurrence of the Divestiture.
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
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SOURCE Hyperscale Data Inc.
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