Miami-based AI data center developer Hut 8 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 shares rose more than 10 percent in premarket trading following the announcement.
- 🏢 $9.8 billion, 15-year lease agreement for Beacon Point data center campus in Texas
- 🤖 Facility designed to support AI model training and deployment infrastructure
- 📈 Company shares jumped over 10% in premarket trading after announcement
Source: Channel NewsAsia – Read the full article →
