Jul. 28 at 1:15 AM
$CHRN $APLD ChronoScale extended a customer contract at higher pricing for its deployed fleet of GPUs. The company also began demonstrating its secure enterprise environment to select partners. The company’s platform allows enterprises to deploy AI in a secure, controlled environment, regardless of whether the data resides on-premise or at one of several large cloud providers.
The platform supports a multitude of AI models, allowing partners to choose which is best for their enterprise. In addition to the enterprise cloud, ChronoScale is also pursuing multiple large reserve contract opportunities that, if secured on favorable terms, will allow the company to deploy hundreds of megawatts of compute on a take-or-pay long-term contract.
