NIXX News & Events

Nixxy announced that its proposed strategic combination with Tachyon 9 Corporation is advancing what the Company believes is a differentiated model for next-generation AI infrastructure: the $1B Nakota Data Campus, designed to deliver up to one gigawatt of AI computing capacity through a large-scale North Dakota development built around firm on-site power. "As demand for artificial intelligence, high-performance computing and hyperscale data centers accelerates, new projects are increasingly challenged by three critical concerns: pressure on local power grids, carbon intensity and water consumption. Nixxy and Tachyon 9 believe Nakota has been designed from the ground up to address those challenges rather than work around them," the company said.

Tachyon9 Corporation and Nixxy announced the execution of an offtake agreement with Nidar Infrastructure Limited, the parent company and majority shareholder of Yotta Data Services, further advancing the strategic partnership announced earlier this week and reinforcing the commercial foundation of the planned Nakota AI Data Campus in North Dakota. Powered by abundant North Dakota natural gas resources, the Nakota Data Campus is designed to deliver up to 1 GW of independent, behind-the-meter power, addressing the single largest constraint facing AI infrastructure development today. The offtake agreement reflects the commercial terms contemplated under the parties' previously announced Memorandum of Understanding and represents a significant milestone toward the development of what is expected to become one of North America's largest purpose-built AI infrastructure campuses. The agreement provides for approximately $156M in annual recurring revenue from the initial 100 MW phase and grants Nidar/Yotta a right of first offer on the remaining campus capacity, supporting a pathway to nearly 1 GW of development and up to $1.5 B in annual revenue potential at full buildout. The agreement reinforces several key strategic objectives: Long-term contracted revenue visibility; A development pathway toward approximately 1 GW of AI data center capacity; Exposure to the accelerating demand for AI and high-performance computing infrastructure; Multiple future revenue streams including: Colocation services; GPU cloud and AI compute services; Carbon capture and sequestration incentives;Energy infrastructure operations.

Tachyon9 Corporation announced it has entered into a strategic binding Memorandum of Understanding, MOU, with Nidar Infrastructure, the parent company and majority shareholder of Yotta Data Services. The 15-year commitment is expected to contribute approximately $2.34B in revenue associated with the initial 100 MW deployment, representing the first phase of the planned Nakota AI Data Campus, which is designed to support up to 1 GW of total capacity upon full development. The partnership supports the proposed combination with Nixxy