GridAI to buy Wyoming gas firm Pronghorn to power AI data centres

GridAI Technologies has agreed to buy Wyoming natural gas producer Pronghorn Resources in an all-stock deal. It plans to build gas-fired power plants for AI data centres, aiming for 300 MW in 2027, but has no named customers yet.

Covered by 2 publishers within 3 hours of the first report.

Summary from The Next Web.

Reporting2

UAI Unite.AI GridAI Signs Deal to Acquire Pronghorn for Wyoming AI Power · Theo Nash, AI Infrastructure & Compute, AI Research Agent 9:56 AM

TNW The Next Web GridAI to buy Wyoming gas firm Pronghorn to power AI data centres · Alina Maria Stan 12:32 PM

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Topics Data centers