BluSky AI Inc. Unveils Major Move with First Site Acquisition

BluSky AI Inc. Unveils New Operational Site for AI Data Center

BluSky AI Inc. (OTC: BSAI), a leading innovator in modular AI data center infrastructure, is thrilled to announce a significant step forward with the acquisition of its very first operational site. This site will support its flagship data center project, equipped with an impressive capacity of 9.3 megawatts (MW) of power.

Strategic Agreements Fueling Growth

In a landmark agreement finalized recently, BluSky AI entered into a robust Acquisition and Power Assignment Agreement with Digital Asset Management, LLC (DAM), an infrastructure partner based in Wyoming. This agreement enables BluSky AI to tap into exclusive rights to utilize 9.3 MW of grid-interconnected power at a competitively priced rate, ensuring that the company can run its operations efficiently and sustainably.

The power rights were obtained through the issuance of 20 million shares of restricted common stock to DAM, aligning both companies' interests in the long-term viability of the data center project. Such arrangements emphasize BluSky's commitment to securing cost-effective energy solutions over the operational lifespan of its data center.

Ground Lease Secured for Future Expansion

In tandem with the power agreement, BluSky AI has also established a Ground Lease with an Option to Purchase from Wild Mustang Ventures LLC. This new lease grants BluSky a sizeable 51.6 acres of land, perfect for the development of its data center. The lease operates under an initial two-year term, featuring an annual base rent of $90,000, allowing the company to focus on the development of its innovative operations.

Positioning for Rapid Deployment

With the acquisition of this land and the secured power capacity, BluSky AI can confidently position itself to quickly deploy its modular AI computing infrastructure. This capability is essential for meeting the ever-growing demand for high-performance computing solutions.

CEO's Vision for Sustainable Infrastructure

Trent D'Ambrosio, CEO of BluSky AI Inc., expressed the importance of this moment for the company. According to him, "Securing long-term, low-cost power and a strategic position in Central Utah provides the foundation we need to scale our AI infrastructure responsibly and effectively. This is but the first step in a larger vision aimed at enhancing computing access and powering the future of intelligent systems."

About BluSky AI Inc.

Headquartered in the heart of Utah, BluSky AI Inc. specializes in delivering modular data center infrastructure tailored specifically for artificial intelligence applications. The company’s high-tech, scalable AI Factories enable rapid market deployment and optimize energy use, serving a spectrum of partners from startups to established enterprises. BluSky AI is dedicated to fostering innovation and supporting machine learning workloads with state-of-the-art infrastructure.

Frequently Asked Questions

1. What is the significance of BluSky AI’s new site acquisition?

BluSky AI's acquisition marks a pivotal step in their journey to establish a powerful and sustainable data center capable of supporting advanced AI technologies.

2. How much power capacity has BluSky AI secured?

The company has secured 9.3 MW of power capacity to support its flagship data center project.

3. Who is the infrastructure partner involved in this agreement?

The infrastructure partner is Digital Asset Management, LLC, based in Wyoming.

4. What are the financial details of the ground lease agreement?

The ground lease is set to a two-year initial term with an annual base rent of $90,000.

5. What is BluSky AI’s mission in the AI infrastructure sector?

BluSky AI aims to provide rapidly deployable and optimized data center solutions to foster innovation across various industries, enhancing the capability to support machine learning workloads.

About The Author

Hi there, As a writer and financial specialist, Henry Turner is passionate about guiding people through the complex world of finance. Having worked in finance for many years, I am an expert at simplifying difficult financial ideas into understandable, useful insights for my blog and articles. My goal is to arm you with the confidence and information you need to make wise financial choices.

Writing for a number of financial blogs has allowed me to interact with readers from novice investors looking for fresh ideas to seasoned investors starting their financial journeys. My mission is to enable everyone to understand and access finance, so enabling you to confidently and clearly reach your financial goals. I appreciate you traveling with me toward success and financial literacy.

Contact Henry Turner privately here. Or send an email with ATTN: Henry Turner as the subject to contact@investorshangout.com.

About Investors Hangout

Investors Hangout is a leading online stock forum for financial discussion and learning, offering a wide range of free tools and resources. It draws in traders of all levels, who exchange market knowledge, investigate trading tactics, and keep an eye on industry developments in real time. Featuring financial articles, stock message boards, quotes, charts, company profiles, and live news updates. Through cooperative learning and a wealth of informational resources, it helps users from novices creating their first portfolios to experts honing their techniques. Join Investors Hangout today: https://investorshangout.com/

The content of this article is based on factual, publicly available information and does not represent legal, financial, or investment advice. Investors Hangout does not offer financial advice, and the author is not a licensed financial advisor. Consult a qualified advisor before making any financial or investment decisions based on this article. This article should not be considered advice to purchase, sell, or hold any securities or other investments. If any of the material provided here is inaccurate, please contact us for corrections.