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

    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 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

    Read More

    Soluna Ventures into AI Hosting with Co-location Agreement

    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.

    Read More

    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
    To see this content properly accept cookies.
    PRISM MarketView Social Media
    To see this content properly accept cookies.
    PRISM MediaWire - Blogs
    To see this content properly accept cookies.
    PRISM MediaWire - Social Media (X)
    To see this content properly accept cookies.
    To see this content properly accept cookies.
    To see this content properly accept cookies.
    Related Stories
    PRISM MarketView
    Biotricity Expecting Record Margins for Q3

    New York, February 14, 2024 - PRISM MarketView - PRISM MediaWire - Technology-as-a-Service company, Biotricity (Nasdaq: BTCY) expects to announce record margins and operational efficiency for the third quarter of fiscal year 2024. The company is expecting record gross ma...

    14 February 2024

    PRISM MarketView
    PRISM EV Index Update: Beam Global Expands Federal Presence

    New York, February 13, 2024 - PRISM MarketView -PRISM MediaWire -Beam Global (Nasdaq: BEEM), a sustainable infrastructure pioneer for transportation electrification and energy security, has made significant strides by securing first-time orders from six federal entities ...

    13 February 2024

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

    New York, February 13, 2024 - PRISM MarketView - PRISM MediaWire - Cannabis stocks are seeing a resurgence as investors await a decision from the DEA on potentially rescheduling marijuana. The AdvisorShares Pure US Cannabis ETF and other related ETFs have shown significa...

    13 February 2024

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

    New York, February 13, 2024 - PRISM MarketView - PRISM MediaWire - Adverum Biotechnologies (Nasdaq: ADVM) has reported positive preliminary safety and efficacy data from a Phase 2 trial in patients with wet age-related macular degeneration (AMD) at the 47th Annual Meetin...

    13 February 2024

    We use cookies to run our website, analyze your use of our services, manage your online preference & personalize ad content. By accepting our cookies, you’ll get relevant content and social media features, personalized ads, and an enhanced browsing experience. To manage your choices, click „Cookie Settings”. Necessary cookies are required for the core website functionality and cannot be rejected. For more information, see our Cookie Policy.
    Cookie settings
    Cookies used on the site are categorized and below you can read about each category and allow or deny some or all of them, except for Necessary Cookies which are required to provide core website functionality. When categories that have been previously allowed are disabled, all cookies assigned to that category will be removed from your browser. You can see a list of cookies assigned to each category and detailed information on those cookies in the “Cookie Policy” tab.
    Necessary cookies
    Some cookies are required to provide core functionality. The website won't function properly without these cookies and they are enabled by default and cannot be disabled.
    Preferences
    Preference cookies enables the website to remember information to customize how the website looks or behaves for each user. This may include storing selected currency region, language or color theme.
    Analytical cookies
    Analytical cookies help us improve our website by collecting and reporting information on its usage.
    Marketing cookies
    Marketing cookies are used to track visitors across websites to allow publishers to display relevant and engaging advertisements. By enabling marketing cookies, you grant permission for personalized advertising across various platforms.