Ault Alliance Announces Corporate Name Change to Hyperscale Data, Inc., Effective September 10, 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 28 2024
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Source: Businesswire
Corporate Rebranding Announcement: Ault Alliance, Inc. will change its name to Hyperscale Data, Inc. and its stock ticker from "AULT" to "GPUS," effective September 10, 2024, reflecting a strategic focus on expanding data center operations.
Expansion Plans for AI Data Center: Hyperscale aims to increase the capacity of its Michigan data center from approximately 30 MW to 300 MW to meet growing demands in artificial intelligence, contingent upon regulatory approvals and funding.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
