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Tachyon9 Corporation said it has signed a binding 15-year Memorandum of Understanding with Nidar Infrastructure Limited, the parent and majority shareholder of India's Yotta Data Services, to anchor the first 100-megawatt phase of its planned Nakota AI Data Campus in the United States.
Tachyon9 said the commitment is expected to contribute roughly $2.34 billion in revenue over the term, tied to that initial phase, the first slice of a campus management has designed to scale to as much as 1 gigawatt of capacity.
The deal also underpins Tachyon9's proposed combination with Nixxy, Inc. (NASDAQ: NIXX), the public vehicle through which the partners intend to take the platform to market.
What the agreement actually commits Under the MOU, Tachyon9 said Nidar's U.S. affiliate is expected to become the anchor customer for the first 100 MW at Nakota while also participating as an economic partner.
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