Recent Updates — AIB

AIB Data Centers Inc. appointed Jason Burnett as Chief Operations Officer, effective October 26, 2026. Burnett brings over 20 years of experience in data center operations from Hivelocity and DataBank. He will receive an initial annual base salary of $250,000, increasing to $300,000 upon closing financing for the CLT1 site and $350,000 for subsequent sites. Additionally, he is eligible for performance-based bonuses tied to the delivery of data center sites, with payouts linked to contracted megawatt capacity and construction milestones. The appointment aims to strengthen execution capabilities as AIB scales its platform following a binding agreement with Nebius for 50 MW of capacity. AIB Data Centers Inc. develops and operates digital infrastructure focused on AI hosting and high-performance computing workloads.

AIB Data Centers Inc. filed an 8-K to furnish an investor presentation released on October 20, 2026. The presentation details the company's development of right-sized, 40–90 MW data centers for artificial intelligence and high-performance computing customers. Key highlights include approximately 120 MW of contracted utility power across five named sites in four U.S. metro markets and a signed 12-year anchor customer agreement for 50 MW of critical IT capacity at its CLT1 site. The company emphasizes a 'power first' development model, project-level funding through customer prepayments and debt rather than corporate equity, and phased delivery expected to begin in Q4 2027. AIB Data Centers Inc. operates as a developer and operator of data center infrastructure for AI workloads.

AIB Data Centers Inc. announced a 12-year agreement with Nebius to provide 50 MW of critical IT capacity at its CLT1 data center campus, including two potential five-year renewal periods. The company also completed a strategic acquisition in Texas that increased its total contracted utility power capacity from 65 MW to approximately 120 MW. Management stated that CLT1 development will be funded through customer prepayments and project-level financing, without requiring corporate-level common equity. AIB Data Centers Inc. is a developer and operator of digital infrastructure focused on AI hosting and high-performance computing workloads.

AIB Data Centers Inc. entered into a binding Master Colocation Services Agreement with Nebius Inc. for 50 MW of critical IT capacity at a facility in the southeastern United States. The contract includes an initial 12-year term, supported by a previously announced 15-year Electric Service Agreement for 65 MW of utility load that requires no significant additional electrical infrastructure upgrades. Delivery is expected in two data halls. Customer prepayments, combined with project-level debt and preferred equity, are anticipated to fund a substantial portion of the initial development costs, thereby reducing AIB's need for corporate-level common equity and limiting potential shareholder dilution. This agreement follows a recent strategic acquisition in Texas that brought AIB's total contracted power capacity to approximately 120 MW. AIB Data Centers Inc. is a developer and operator of digital infrastructure focused on AI hosting and high-performance computing workloads.

AIB Data Centers Inc. filed an 8-K on September 30, 2026, to furnish an investor presentation detailing its Q3 2026 operational updates and financial position. The company announced a signed Master Colocation Services Agreement with Nebius for 50 MW of critical IT capacity at its CLT1 site, featuring a 12-year initial term with two five-year renewal options and prepayments covering initial development costs. Construction is scheduled to begin following the October 1, 2026 commencement of electric service under a 15-year agreement for 65 MW of utility power. The presentation highlights a pipeline of approximately 280 MW across four additional sites (DFW1, DFW2, MSP1, GSO1) with projected contract values totaling $6.56 billion over initial terms. AIB operates in the data center infrastructure industry, developing and leasing high-performance computing facilities.