Soluna Cloud Expands Funding For AI Business, Brining The Total To To $13.75M
Portfolio Pulse from Benzinga Newsdesk
Soluna Holdings, Inc. (NASDAQ: SLNH) has expanded its funding for its AI business, Soluna Cloud, by $1.25 million, bringing the total to $13.75 million. This funding will support the growth of scalable, sustainable enterprise computing solutions.
July 17, 2024 | 12:02 pm
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Soluna Holdings, Inc. (NASDAQ: SLNH) has raised an additional $1.25 million for its AI business, Soluna Cloud, bringing the total funding to $13.75 million. This will support the growth of scalable, sustainable enterprise computing solutions.
The additional funding will enable Soluna Cloud to advance its growth initiatives and meet the increasing demand for renewable-energy-powered, high-performance computing solutions. This is likely to positively impact SLNH's stock price in the short term.
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