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

14 February 2024

New York, February 14, 2024 - PRISM MarketView - PRISM MediaWire - 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.

Soluna Holdings, Inc. - Prism MarketView

Soluna (Nasdaq: SLNH) is the leading developer of green data centers for batchable computing, powered by renewable energy. We can help renewable energy asset o

Soluna Ventures into AI Hosting with Co-location Agreement

ALBANY, N.Y., February 14, 2024--Soluna Holdings, Inc. ("SHI" or the "Company"), (NASDAQ: SLNH), a developer of green data centers for Bitcoin mining and other intensive computing applications, announced today a groundbreaking co-location agreement with a GPU startup delivering specialized GPU services for AI computing. This strategic partnership marks a significant step forward in Soluna's mission to diversify its business into the sustainable AI arena.

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.

“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!”

John Belizaire, CEO of Soluna Holdings

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.

PRISM MarketView does not provide investment advice.

Media Contact
Company Name: Prism MarketView
Email: info@prismmarketview.com
Phone: 646-863-6341
Website: https://prismmarketview.com

PRISM MarketView Social Media

PRISM MediaWire - Blogs

PRISM MediaWire - Social Media (X)

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

PRISM MarketView

Biotricity Expecting Record Margins for Q3

PRISM MarketView

PRISM EV Index Update: Beam Global Expands Federal Presence

PRISM MarketView

PRISM Insight: Cannabis Stocks May Be Seeing Green During Marijuana Awareness Month as Investors Wait on DEA’s Rescheduling Decision

PRISM MarketView

Adverum Demonstrates “Sustained Disease Control” in Phase 2 Trial for Macular Degeneration