Hyperscale Data signs a long-term deal expected to generate over $1.2 billion in revenue from AI infrastructure deployment.
$GPUS has entered a master services agreement to provide 20 megawatts of AI compute capacity at its Michigan data center, with potential expansion to 52 megawatts. The deal, signed with a California-based neocloud provider, is projected to generate over $1.2 billion in revenue if fully extended through its 10-year term and two five-year options.
The initial deployment is set to become operational in Q4 2026, with infrastructure retrofitting costs estimated between $100 million and $120 million. The agreement reflects a broader trend among bitcoin mining firms repurposing power and land assets for AI workloads amid stronger demand for compute capacity.
Hyperscale Data’s shift follows a pattern in the sector, where companies leverage existing infrastructure to capitalize on AI-driven revenue opportunities.