DealsJun 10, 2026, 05:01 PM
Nixxy, Tachyon9 to build $1B AI infrastructure platform
AI Summary
Nixxy, Inc. announced a binding Letter of Intent with Tachyon9 Corporation to create a NASDAQ-listed AI Hyperscale Infrastructure and Energy Platform. This transformative deal includes a planned $1 billion investment into power and energy infrastructure for the 1 GW Nakota Project in North Dakota, with the first 150 MW expected operational by Q2 2027. The transaction also involves a planned $5 billion in GPU financing and a $75 million private placement, positioning Nixxy to focus on AI data centers and energy development.
Key Highlights
- Nixxy, Inc. entered a binding LOI with Tachyon9 to create a NASDAQ-listed AI Hyperscale Infrastructure and Energy Platform.
- Planned investment of approximately $1 billion into power and energy infrastructure for the Nakota Project.
- The Nakota Project aims for 1 GW capacity over 36 months, with first 150 MW operational by Q2 2027.
- Planned investment of $5 billion in GPU financing through a major off-take partner.
- Includes over $64 million in hard infrastructure and equipment assets.
- A planned $75 million private placement financing is part of the transaction.
- The combined company will operate under TACC and retain its NASDAQ listing.
- Nixxy plans to divest its communications business to focus on AI infrastructure.
Price Impact
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