DMG Blockchain Solutions Inc. Announces MOU to Purchase 10-Megawatt Data Center Infrastructure
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DMG Blockchain Solutions Inc. has signed an MOU to purchase a 10-megawatt data center infrastructure for its Generative AI computation facilities. The data center meets military-grade SCIF specifications. A definitive agreement is expected within 90 days.
February 25, 2025 | 3:15 am
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DMG Blockchain Solutions Inc. has signed an MOU to acquire a 10-megawatt data center infrastructure, enhancing its capabilities in Generative AI. The data center meets SCIF specifications, indicating high security and potential for military applications.
The MOU to acquire a 10MW data center infrastructure is a significant step for DMG Blockchain Solutions, as it enhances their capacity in the growing field of Generative AI. The SCIF specifications suggest high security, potentially opening doors to military or sensitive applications. This development is likely to positively impact DMGGF's stock in the short term as it aligns with strategic growth in AI capabilities.
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