Hyperscale Data (GPUS) Status update summary
Event summary combining transcript, slides, and related documents.
Status update summary
22 Apr, 2026Strategic vision and business structure
Plans to split into two public companies: Hyperscale Data (AI/data center/robotics) and Ault Capital Group, with the spin-off targeted for Q1 or Q2 2027.
Hyperscale Data will focus on AI compute, robotics, and data creation, leveraging a large Michigan campus.
The company forecasts nearly $200 million in revenue for 2026, not including new robotics or AI initiatives.
The Michigan campus is expected to create over 500 jobs in the next three years.
The company is committed to transparency and ongoing communication with stakeholders.
Michigan campus and operational update
The Michigan campus spans 617,000 sq ft, with 30 MW of power available and expansion potential to 340 MW.
Facility designed as a Tier 3 data center, ensuring high availability, redundancy, and environmental compatibility.
100,000 sq ft dedicated to robotics operations and data workflows, enabling a closed-loop system for data creation and validation.
Major equipment deliveries (chillers, UPS, coolant units) scheduled for Q2 2024 to support 10 MW of new IT load.
Revenue from the Michigan facility was about $25 million last year, primarily from Bitcoin mining, with a transition toward robotics and AI expected.
Robotics and AI initiatives
Partnership with AGIBOT to bring hundreds of robots to the US, with exclusive data retention in the US.
Launching Omnipresent Robotics to sell and demo robots, targeting large AI model developers.
Expecting to generate robotic revenue and begin robot sales within 60 days.
Multiple new revenue streams anticipated: teleoperated data collection, data validation, model training, compute, robotic sales, and support.
Robotics and AI data center initiatives are expected to be less capital intensive than traditional AI data centers.
Latest events from Hyperscale Data
- Offering up to 43M shares from note conversions, with major focus on AI/HPC and dilution risk.GPUS
Registration filing27 Apr 2026 - 2024 saw a strategic pivot to AI/HPC, ongoing losses, and major governance and capital structure changes.GPUS
Proxy filing16 Apr 2026 - Equity line offers up to $37.5M in Series D Preferred Stock, funding a shift to AI and HPC services.GPUS
Registration filing16 Apr 2026 - Annual meeting to vote on directors, compensation, equity plans, and major capital transactions.GPUS
Proxy filing16 Apr 2026 - Transitioning to AI data centers, the company seeks $50M in capital, with high dilution risk.GPUS
Registration filing16 Apr 2026 - Transitioning from Bitcoin mining to AI/HPC, raising up to $50M via convertible preferred stock.GPUS
Registration filing16 Apr 2026 - Approval is sought for major conversions of preferred stock and notes to stabilize finances and maintain NYSE listing.GPUS
Proxy filing16 Apr 2026 - Key votes on stock split, share increase, Series H conversion, and executive equity awards.GPUS
Proxy filing16 Apr 2026 - Large-scale Bitcoin mining operation prioritizing renewable energy, efficiency, and facility expansion.GPUS
Registration filing16 Apr 2026