BluSky AI Inc. Announces Non-Binding LOI to Lease Strategic Site in Wells, Nevada for AI Expansion
Reuters
Aug 30, 2025
<a href="https://laohu8.com/S/BSAI">BluSky AI</a> Inc. Announces Non-Binding LOI to Lease Strategic Site in Wells, Nevada for AI Expansion
BluSky AI Inc., headquartered in Salt Lake City, Utah, has announced the execution of a non-binding Letter of Intent (LOI) to lease approximately two acres of land at the White Cloud facility in Wells, Nevada. This strategic move is part of BluSky AI's expansion plans to enhance its modular data service units across the Western U.S., focusing on scalable AI infrastructure that emphasizes energy efficiency and community integration. The LOI sets the groundwork for a formal lease agreement with White Cloud Botanicals LLC and Snake River Development LLC. Key terms include an initial 10-year lease with options for two 5-year extensions and access to significant electrical transformer capacity. This development highlights BluSky's commitment to democratizing AI compute access and expanding its footprint in the region.
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