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New Era Energy & Digital (NASDAQ: NUAI), formerly New Era Helium, has announced a strategic transformation into an AI infrastructure company, focusing on providing vertically integrated energy solutions for data centers. The company is developing the Texas Critical Data Centers (TCDC) project, a scalable 1 gigawatt AI and high-performance computing campus in Ector County.
The announcement comes amid explosive growth in the AI infrastructure market, which is projected to exceed $200 billion by 2028. Industry spending on AI infrastructure increased 97% year-over-year in H1 2024, reaching $47.4 billion. The company joins established players like Applied Digital, CoreWeave, and Vertiv in capitalizing on the surging demand for AI compute capacity.
New Era Helium (Nasdaq: NEHC) announced its corporate rebranding to New Era Energy & Digital, Inc., with trading to commence under the new ticker symbol NUAI effective August 13, 2025. The rebranding reflects the company's strategic pivot from helium production to becoming a vertically integrated energy supplier focused on AI data center infrastructure.
The company's flagship project, Texas Critical Data Centers (TCDC) in Ector County, Texas, is being developed as a scalable 1 gigawatt (GW) AI and high-performance computing campus. TCDC will provide liquid-cooled, high-efficiency compute infrastructure with behind-the-meter power solutions. The company is exploring options to maximize value from its existing natural gas and helium assets while maintaining its commitment to the AI ecosystem.
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