Azio AI Holdings Inc (AZIO) News & EventsAZIOAzio AI Holdings Inc

AZIO AI Signs 10 MW Power Purchase Agreement with Power Champion

Azio AI announced that it has entered into a power purchase and hosting agreement with Power Champion covering power delivery, leased facility space and interconnectivity services at Atlas One, the company's South Texas compute infrastructure campus. The agreement establishes an initial contracted capacity of 10 megawatts, with contractual expansion rights of up to a maximum contracted capacity of 50 MW, subject to the completion of required infrastructure improvements and other conditions described below. The approximately $450M figure referenced in the headline of this release represents capacity reservation charges that would be payable only if Power Champion exercises its expansion rights in full to the maximum contracted capacity, all required infrastructure is completed and all such capacity is energized. As of the date of this release, the parties have committed to only the initial contracted capacity under the agreement, no capacity has been energized under the agreement, and no expansion right has been exercised. The agreement is the first hosting agreement executed at Atlas One. In an Aug. 27 announcement, the company disclosed that it was in discussions with Power Champion regarding potential hosting at the campus and that no agreement had been entered into. The Agreement concludes those discussions. The agreement does not amend, replace, or supersede the power purchase and hosting agreement with Power Champion announced on July 9. The initial contracted capacity, maximum contracted capacity, capacity reservation charges, and energy rates described in this release relate solely to the agreement and to Atlas One. Under the Agreement, AZIO AI will serve as Power Champion's exclusive power supplier at the leased premises and will provide hosting, interconnectivity, and related infrastructure services supporting Power Champion's deployment of AI GPU processors and associated advanced computing equipment.

Azio AI Develops Atlas One Project

Azio AI announced it is developing Atlas One, the inaugural stage of Project Atlas. The project combines the company's south Texas property holdings, contracted behind-the-meter natural gas power generation, dedicated fiber connections, and modular computing infrastructure. The company said the work is aimed at AI data center, GPU compute, digital power, and digital asset mining demand.

Azio AI Enters Agreement with Power Champion to Purchase 128 Nvidia GPUs

Azio AI (AZIO) announced that it has entered into an agreement with Power Champion Investment covering the purchase of up to 128 Nvidia (NVDA) HGX B300 GPU systems for deployment at U.S.-based AI infrastructure facilities. Based on current market pricing of $600,000 per Nvidia HGX B300 system, the company estimates the agreement will represent an approximate aggregate hardware value of $77M, assuming all contemplated systems are purchased by Power Champion and subject to the agreement's terms and customary conditions. Actual revenues under this agreement may vary based on market prices, delivered volume and timing. The agreement aligns with the initial phase of the commercial relationship between AzioAI and Power Champion's initial hosting agreement, announced on July 9 and supports the planned deployment of next-generation AI compute infrastructure.