AIFinancial Postabout 3 hours ago
Nasdaq Firm Pivots to Power for AI Boom
1 min read
LIXTE Biotechnology is combining with NOMAD Transportable Power Systems to become NOMAD Power Solutions, a pure-play deployable-power company targeting the AI energy crunch. The company put $6.5 million to work before the deal closes. The pivot addresses a grid too slow to meet AI-driven electricity demand.
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