Soluna Holdings Dives into AI Hosting with Strategic Co-location Partnership

Soluna Holdings, Inc. (NASDAQ: SLNH), a pioneer in developing green data centers, has ventured into the AI hosting market through a landmark co-location agreement with a GPU startup specializing in AI computing. This partnership aligns with Soluna’s strategic goal to expand into the sustainable AI sector, leveraging its expertise in environmentally friendly data center operations.

The collaboration involves Soluna providing co-location services at Project Sophie, its modular data center in Kentucky, chosen by the new AI hosting client after a thorough selection process. This move highlights Soluna’s commitment to sustainability and its capability to meet the demanding needs of AI computing operations.

John Belizaire, CEO of Soluna Holdings, expressed enthusiasm about the partnership, stating, “We are thrilled to collaborate with an exciting new GPU startup focused on AI computing with this innovative co-location initiative. This partnership underscores our dedication to fostering sustainable growth and innovation in AI computing. We are excited to embark on this journey with them and look forward to supporting their growth and success!”

Soluna shares were up as much as 14% during the day.

About Soluna Holdings, Inc (SLNH)

Soluna is on a mission to make renewable energy a global superpower using computing as a catalyst. The company designs, develops, and operates digital infrastructure that transforms surplus renewable energy into global computing resources. Soluna’s pioneering data centers are strategically co-located with wind, solar, or hydroelectric power plants to support high-performance computing applications including Bitcoin Mining, Generative AI, and other compute-intensive applications. Soluna’s proprietary software MaestroOS(™) helps energize a greener grid while delivering cost-effective and sustainable computing solutions, and superior returns.

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Soluna Holdings Dives into AI Hosting with Strategic Co-location Partnership

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