Company engages
The site plan will provide specific development options covering layout, power and cooling, building footprints, and phasing.
"Power is the hardest thing to secure in AI infrastructure, and our
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Over time, the Company's development plan targets up to approximately 150 MW of AI-ready capacity. Capacity above the existing 8 MW is a development target. It is not currently contracted, energized or delivered. Reaching it depends on additional power arrangements, tenant commitments, financing, permitting and construction.
About
About Z Squared Inc.
Z Squared Inc. (Nasdaq: ZSQR) is a computing infrastructure company that operates advanced computing equipment and is expanding into AI infrastructure. The Company's approach rests on three principles: lead with power, build for AI workloads, and scale with discipline. More information is available at www.zsquaredinc.com.
Investor Relations Contact: ir@zsquaredinc.com
Forward-Looking Statements
This press release contains "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, and the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include all statements other than statements of historical fact and may be identified by words such as "anticipate," "believe," "designed," "expect," "intend," "may," "plan," "target," "will," and similar expressions. Forward-looking statements in this press release include, among others, statements regarding the Company's site planning, engineering, and development plans for the Union County Campus; the Company's development target of up to approximately 150 MW of AI-ready capacity; the anticipated benefits of the Company's engagement of A2 Advisors; prospective tenant requirements, demand, and leasing activity; additional power arrangements for the campus; and the Company's strategic expansion into AI and high-density compute infrastructure.
Forward-looking statements are based on management's current expectations and assumptions and are subject to risks and uncertainties, many of which are outside the Company's control, that could cause actual results to differ materially from those expressed or implied. These risks and uncertainties include, among others: the Company's ability to continue as a going concern and to obtain the financing necessary to fund its operations and growth strategy; the Company's ability to execute its strategy to expand into AI, high-density compute, data center, and power generation infrastructure; the Company's ability to obtain the additional power arrangements, tenant commitments, financing, permits, and construction resources necessary to develop capacity at the Union County Campus beyond the approximately 8 MW currently available; the absence of any definitive lease or tenant commitment for the campus as of the date of this press release; the Company's limited operating history in AI infrastructure and data center development; and the other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, including its Annual Report on Form 10-K, its Quarterly Reports on Form 10-Q, and its Current Reports on Form 8-K.
Forward-looking statements speak only as of the date of this press release. The Company undertakes no obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise, except as may be required by applicable law.
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SOURCE Z Squared Inc.