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QMLS News
QMLS Events
QumulusAI Completes Deployment of 616 NVIDIA GPUs
QumulusAI completed deployment of 616 NVIDIA RTX PRO 6000 Blackwell GPUs for Runpod under two reserved-capacity agreements combining one- and two-year terms. All 77 GPU nodes under the agreements are now active. Full deployment was reached in August, ahead of the agreements' original Sept. 1 target. The GPUs are being served from QumulusAI's existing U.S. data center footprint.
QumulusAI Extends Data Center Lease to 2044
QumulusAI announced an amendment to the surface lease at its Oklahoma data center, extending the company's potential tenure at the site through January 31, 2044. The amendment replaces the single five-year renewal option in the original lease with three consecutive five-year renewal options, each exercisable at the company's election upon written notice 60 days' prior to the expiration of the applicable term, assuming continued compliance with the agreement. QumulusAI is not obligated to exercise any of them.
QumulusAI Reports Q2 Revenue of $6.7M
Reports Q2 revenue $6.7M vs $3.1M last year. "This was the quarter our model started proving itself," said Michael Maniscalco, CEO of QumulusAI. "AI Compute we had already sold came online and started generating revenue. We signed 21 new direct contracts in the quarter, and last week we contracted up to 3.75 MW in metropolitan Atlanta, our home market, with potential to expand at the same site. Demand is not our constraint. Deploying against it faster than competitors is our goal."
QumulusAI Signs 7-Year Data Center Agreement in Atlanta
QumulusAI announced a seven-year colocation agreement for up to 3.75 MW of data center capacity in metropolitan Atlanta, together with a right of first offer on as much as 7 MW of additional contiguous capacity at the same site. The contracted capacity is expected to support up to 2,048 NVIDIA Blackwell B300-class GPUs. Delivery is conditioned on the provider completing the transition of the premises with the existing occupant, and capacity is expected to be ready for service in Q4 2026. "Contracted demand is only as good as the power you have to serve it," said Michael Maniscalco, CEO of QumulusAI. "Acquiring multiyear capacity in our own backyard will give us room to land deployments we are signing now, and a first look at the room to grow next door."
QumulusAI Signs GPU-as-a-Service Agreement with DRW
QumulusAI (QMLS) announced a GPU-as-a-Service agreement with DRW, a diversified global trading firm with expertise in commodities, derivatives and emerging asset classes, to supply a dedicated NVIDIA (NVDA) Blackwell B300 cluster. "Quantitative trading firms are among the most demanding compute customers there are, and they are expanding what they invest in AI infrastructure," said Michael Maniscalco, CEO of QumulusAI. "GPU-as-a-Service will give DRW fast, dedicated access to current-generation Blackwell compute exactly when its teams need it. We are glad to welcome DRW as a customer."
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