Hut 8, an AI data center developer, has signed a 15-year lease agreement valued at $9.8 billion for its Beacon Point data center campus in Texas. The facility will support AI model training and deployment infrastructure. The company’s share price increased by more than 10 percent following the announcement.
- 🏢 Hut 8 signed a 15-year lease worth $9.8 billion for Beacon Point data center in Texas
- 🤖 Facility designed to support AI model training and serving infrastructure
- 📈 Company shares jumped over 10 percent in premarket trading
Source: Channel NewsAsia – Read the full article →
