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Software and aviation company Jet.AI Inc JTAI is trading higher on Wednesday.
The company is focusing on the rising need for AI infrastructure with a strategic initiative in Nevada.
Headquartered in Las Vegas, it has locked in a 50-megawatt project on a 120-acre site, with plans to increase its capacity to a full gigawatt in the future.
In addition, for the first project, the company has retained a company founded by professional data center builders to assist with planning and execution.
This move follows the expansion of traditional data centers in the area, which are investing in solar and nuclear power to support AI growth.
With a focus on providing secure, proprietary AI computing environments, Jet.AI is positioned to cater to hyperscalers and specialized clients requiring dedicated facilities.
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Source www.benzinga.com
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