MARA Targets AI Market With Exaion Purchase From EDF

A $ 168 million contract Will give Mara 64% of the share of businesswith the possibility that this increases to 75% by 2027 by another $ 127 million if certain goals are filled.

It’s a purchase It is expected to close in the fourth quarterwaiting for regulatory approval.

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EXAION runs high -performance data centers (HPC) and provides infrastructure for artificial intelligence (AI) and cloudy services. Works with companies such as Nvidia and Deloitte.

Mara stated that the partnership will Help EXAIion to expand internationally to serve both corporate and public sectors.

Executive director and President Mara, Fred Thiel, said an acquisition by combining forces in energy efficiency and data protection to ensure safe, scalable cloudy solutions designed for AI needs.

Thiel Explained on x spaces That Mara decided not to rush to the AI and HPC market. Instead of adjusting its mineral objects, the company is a partner with an existing player who already has customers, expertise and records on the field.

He said this approach would allow Mara to move to the market “quickly, intelligent and credible.”

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