AIThe Next Webabout 1 hour ago
GridAI Buys Wyoming Gas Firm for AI Power
2 min read
GridAI Technologies agreed to buy Pronghorn Resources in an all-stock deal to build gas-fired power plants for AI data centres. The transaction closes by 22 November, valued at about 1.25 million shares. GridAI aims to deliver 300 MW by 2027, while Pronghorn produces nearly 100 million cubic feet of gas daily from 3,200 wells.
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