IPower Plans New AI Unit to Lease Computing Hardware

MT Newswires Live

07/21

IPower (IPW) said Tuesday it plans to establish an artificial intelligence unit that will prioritize AI hardware leasing and explore compute resource distribution opportunities.

The company will acquire AI hardware, make it available to clients who need computing capacity, and generate revenue from leasing agreements, according to a statement.

Price: 1.00, Change: +0.10, Percent Change: +10.68

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