Ault Alliance to Rebrand as Hyperscale Data, Inc., Effective September 10, 2024
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Sep 09 2024
0mins
Source: Newsfilter
Company Rebranding: Ault Alliance, Inc. will rebrand as Hyperscale Data, Inc. and change its ticker symbol to "GPUS" on September 10, 2024, focusing on enhancing data center operations and expanding its Michigan AI data center from 30 MWs to 300 MWs, pending regulatory approvals and financing.
Business Focus and Future Plans: The company aims to position itself as a pure-play data center business to meet the growing demand for AI-driven infrastructure, with further announcements expected regarding management's strategic plans.
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.
