KULR Innovation Group, Inc. (AMEX: KULR) shares got on Wednesday after the business revealed a brand-new collaboration connected to AI information center power systems. Ultimately, the stock quit its gain.
The offer presses KULR even more into battery backup facilities for high-performance computing.
KULR Innovation Group stated it accepted co-develop a next-generation battery backup line for AI server racks with an international cell maker.
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The program targets ultra-high-power information center environments. KULR stated it will lead the style, advancement, security engineering, and UL accreditation for the battery backup system.
The item targets at AI-scale computing websites and hyperscale implementations.
The task centers on an ultra-high-power 21700 cell architecture constructed to support next-generation AI server work.
KULR stated the platform addresses growing power needs in modern-day calculate setups.
KULR stated the system will consist of thermal management and propagation-resistance functions in its architecture. The business included it will lead UL 9540 and UL 9540A accreditation work.
The partner will provide ultra-high-power cells and technical assistance throughout advancement. KULR stated the plan develops a more foreseeable supply course towards commercialization.
Michael Mo, CEO of KULR Innovation Group, stated the business has actually invested years developing energy systems for requiring conditions. He stated the collaboration extends that structure into AI-focused battery backup options.
Mo stated increasing calculate density and energy strength are driving need for scalable, certifiable battery facilities. He stated KULR sees a chance to satisfy that requirement.
KULR stated the partnership enhances its position in the AI data-center energy market.
The business stated the effort might support a business program valued at as much as $100 million.
KULR Cost Action:
KULR Cost Action: KULR Innovation Group shares were down 3.50% at $3.17 at the time of publication on Wednesday. The stock is trading near its 52-week low of $2.15, according to Benzinga Pro information.
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