Jericho Energy Ventures and Smartkem Announce Merger to Form Nasdaq-Listed AI Infrastructure Company

Reuters
Nov 06
<a href="https://laohu8.com/S/JROOF">Jericho Energy Ventures</a> and Smartkem Announce Merger to Form Nasdaq-Listed AI Infrastructure Company

Jericho Energy Ventures Inc. and Smartkem $(SMTK)$ have proposed a merger to form a Nasdaq-listed, U.S.-owned and controlled AI infrastructure company. The combined entity aims to integrate low-cost domestic energy resources with advanced semiconductor packaging and materials, supporting the increasing demand for AI computing capacity. The initiative will leverage Jericho's energy assets in Oklahoma and Smartkem's expertise in semiconductor technologies to build out infrastructure optimized for AI workloads.

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