{"success":true,"data":{"pressRelease":{"id":"58745","rtpr_id":"nBwqPR3sa","ticker":"NIXX","exchange":"NASDAQ","all_tickers":["NIXX"],"title":"Power, Not Chips, Is Now AI's Biggest Constraint: NASDAQ Firm Backs $1B Infrastructure Buildout as Nixxy, Inc. (NIXX) announces a binding LOI with Tachyon9 to Create a NASDAQ-Listed AI Hyperscale Infrastructure and Energy Platform.","author":"Business Wire","published_at":"2026-06-09T12:30:00.501Z","article_body":"Power, Not Chips, Is Now AI's Biggest Constraint: NASDAQ Firm Backs $1B\nInfrastructure Buildout as Nixxy, Inc. (NIXX) announces a binding LOI with\nTachyon9 to Create a NASDAQ-Listed AI Hyperscale Infrastructure and Energy\nPlatform.\n\nThis First Strategic Transaction is to build a 1GW Gas fired over 36 months of\nHyperscale compute, 120mw of AI Infrastructure Project to be delivered in Q2\nof 2027\n\nNixxy, Inc. (NASDAQ: NIXX) (“Nixxy” or the “Company”) today announced\nthat it has entered into a transformative and binding Letter of Intent\n(“LOI”) with Tachyon9 Corporation, a privately held energy and data\ninfrastructure company, to execute a strategic NASDAQ transaction intended to\ncreate a fully operational, asset-backed public company focused on AI\ninfrastructure, energy generation, next-generation data center development and\nGPU compute. With planned investment into the data center shell and power core\nto be delivered behind the meter, the first 120mw of compute power are planned\nto be operational by 2(nd) quarter of 2027. Total compute power will be built\nin 120mw increments over a period of 24 months.\n\nUpon completion of the proposed transaction, the combined company is expected\nto operate under TACC while retaining its NASDAQ listing, positioning the\nplatform to pursue large-scale AI infrastructure opportunities through\nabundant natural gas supply in North Dakota and other states connected to the\nNorthern Midwest Gas supply pipelines.\n\nThis proposed initial transaction is expected to include:\n\n\n * Planned investment of approximately $1 billion into power and energy\ninfrastructure supporting the 620 Acre Nakota Project, in Williston, North\nDakota, designed to deliver up to 1 gigawatt (“GW”) of capacity over an\nanticipated 36-month buildout period, with the first 150 megawatts (“MW”)\nexpected to be operational by the second quarter of 2027.\n\n * Planned Investment on phase 1 of $5 billion in GPU financing through a major\nofftake partner, with MoU already executed\n\n * More than $64 million in hard infrastructure and equipment assets
\n\n * A planned $75 million private placement financing\n\nThe announcement represents the culmination of Nixxy’s strategic\ntransformation over the past year. During that period, the Company executed a\nbroad restructuring and repositioning initiative, including the separation of\nlegacy operations, expansion of its communications infrastructure platform,\nand transition into an AI-enabled communications and AI data infrastructure\ncompany purpose-built for the emerging AI economy.\n\nFollowing completion of the transaction, under its new branding, the Company\nintends to focus its long-term strategy on AI data centers, power\ninfrastructure, and high-performance compute ecosystems supporting enterprise\nAI, sovereign AI initiatives, hyperscale compute demand, and next-generation\ndigital infrastructure deployment.\n\nAs part of the proposed transaction, the Company has secured what it believes\nare the major foundational components necessary to advance development\ninitiatives, including strategic site control, real estate agreements,\ninfrastructure rights, licensing arrangements, and project-related approvals.\nFollowing the transaction, the initial project is expected to be the\ndevelopment of the Nakota 1GW data center project in North Dakota.\n\nThe combined entity is expected to launch with substantial operational scale\nand infrastructure capacity, positioning the Company to participate directly\nin one of the fastest-growing sectors of the global economy.\n\n\"This transaction is an asset-first restructuring designed to give public\nmarket investors direct exposure to one of the most significant energy\ninfrastructure buildouts currently underway in North America that is crucial\nfor the growth of our economy as well as our national security,\" said Shahal\nKhan, Chairman and CEO of Tachyon9.\n\n“This represents the next major evolution of Nixxy,” said Mike Schmidt,\nChief Executive Officer of NIXX, Inc. “Over the past year, we have worked to\nrestructure and reposition the Company for what we believe is one of the most\nsignificant infrastructure opportunities of our generation. AI is driving\nunprecedented global demand for compute power, energy capacity, and data\ninfrastructure. We believe this transaction positions Nixxy directly at the\ncenter of that trend.”\n\nAs part of the proposed transaction, the Company expects to assemble a\nworld-class board of directors and senior executive leadership team comprised\nof seasoned technology, AI, infrastructure, energy, and capital markets\nexecutives with extensive experience scaling public and private enterprises\nglobally.\n\nFollowing closing of the proposed transaction, the Company is expected to\ndivest its communications business through a strategic industry transaction to\nexecute on this massive opportunity, allowing management and capital resources\nto focus fully on AI infrastructure and energy development initiatives.\n\nThe Company believes the AI infrastructure sector represents one of the\nlargest generational investment opportunities in modern technology history,\nfueled by exponential growth in artificial intelligence adoption, enterprise\nAI deployment, sovereign compute initiatives, and increasing global demand for\nscalable energy-backed data center capacity.\n\nAdditional details regarding the transaction structure, infrastructure assets,\nfinancing initiatives, governance enhancements, leadership appointments, and\nlong-term strategic roadmap are expected to be provided in a forthcoming\nseries of announcements.\n\nThe proposed transaction remains subject to completion of due diligence,\nexecution of definitive agreements, regulatory approvals, board approvals, and\nother customary closing conditions. The proposed transaction will be subject\nto shareholder consent of Nixxy’s shareholders.\n\nAbout NIXX, Inc.\n\nNIXX, Inc. (NASDAQ: NIXX) is an AI communications and data infrastructure\ncompany focused on next-generation digital infrastructure platforms positioned\nat the intersection of artificial intelligence, high-performance compute,\nenergy, and data center infrastructure. Through its evolving strategic\nplatform, the Company is pursuing large-scale opportunities supporting the\nrapidly growing global demand for AI compute capacity, sovereign AI\ninitiatives, and next-generation energy-backed digital infrastructure.\n\nNixxy’s strategy includes the development and acquisition of AI data center\nassets, power infrastructure, communications technologies, and scalable\ndigital infrastructure platforms designed to support the future of enterprise\nand hyperscale artificial intelligence deployment.\n\nFor more information, visit www.nixxy.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.nixxy.com&esheet=54550186&newsitemid=20260609432974&lan=en-US&anchor=www.nixxy.com&index=1&md5=d789a5ec3e0c770dae0e135643cf5859)\n\nABOUT TACHYON9\n\nTachyon9 is a private operating company specializing in energy infrastructure,\ntransmission equipment, and data center assets. The company serves as the\nprimary asset and revenue contributor in the NIXX rollup transaction,\ncontributing approximately $64 million in equipment, land option rights for\nthe Nakota project, and a signed LOI for the entire 1 GW development. Tachyon9\nprojects $275 million in topline revenue for 2026.\n\nForward-Looking Statements\n\nThis press release contains \"forward-looking statements\" within the meaning of\nthe Private Securities Litigation Reform Act of 1995, including statements\nregarding anticipated growth, revenue scale, operating leverage, and the\nCompany's development of communications-enabled financial workflows.\nForward-looking statements are based on management's current expectations and\ninvolve risks and uncertainties that could cause actual results to differ\nmaterially from those expressed or implied. Investors should review the risk\nfactors described in the Company's Annual Report on Form 10-K filed with the\nSecurities and Exchange Commission on April 15, 2026, and other filings with\nthe Securities and Exchange Commission. Nixxy undertakes no obligation to\nupdate forward-looking statements except as required by law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260609432974/en/\n(https://www.businesswire.com/news/home/20260609432974/en/)\n\nInvestor Relations Nixxy, Inc.\n\nir@nixxy.com (mailto:ir@nixxy.com)\n\nTachyon9 contact:\n\nJohn Arundel\n\nManaging Director\n\nPerdicus Global Communications\n\nWashington, DC\n\nJohn@perdicuspr.com \n(mailto:John@perdicuspr.com) \n(703) 963-4191\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBwqPR3sa","title":"Power, Not Chips, Is Now AI's Biggest Constraint: NASDAQ Firm Backs $1B Infrastructure Buildout as Nixxy, Inc. (NIXX) announces a binding LOI with Tachyon9 to Create a NASDAQ-Listed AI Hyperscale Infrastructure and Energy Platform.","author":"Business Wire","ticker":"NIXX","created":"2026-06-09T12:30:00.501Z","tickers":["NIXX"],"exchange":"NASDAQ","article_body":"Power, Not Chips, Is Now AI's Biggest Constraint: NASDAQ Firm Backs $1B\nInfrastructure Buildout as Nixxy, Inc. (NIXX) announces a binding LOI with\nTachyon9 to Create a NASDAQ-Listed AI Hyperscale Infrastructure and Energy\nPlatform.\n\nThis First Strategic Transaction is to build a 1GW Gas fired over 36 months of\nHyperscale compute, 120mw of AI Infrastructure Project to be delivered in Q2\nof 2027\n\nNixxy, Inc. (NASDAQ: NIXX) (“Nixxy” or the “Company”) today announced\nthat it has entered into a transformative and binding Letter of Intent\n(“LOI”) with Tachyon9 Corporation, a privately held energy and data\ninfrastructure company, to execute a strategic NASDAQ transaction intended to\ncreate a fully operational, asset-backed public company focused on AI\ninfrastructure, energy generation, next-generation data center development and\nGPU compute. With planned investment into the data center shell and power core\nto be delivered behind the meter, the first 120mw of compute power are planned\nto be operational by 2(nd) quarter of 2027. Total compute power will be built\nin 120mw increments over a period of 24 months.\n\nUpon completion of the proposed transaction, the combined company is expected\nto operate under TACC while retaining its NASDAQ listing, positioning the\nplatform to pursue large-scale AI infrastructure opportunities through\nabundant natural gas supply in North Dakota and other states connected to the\nNorthern Midwest Gas supply pipelines.\n\nThis proposed initial transaction is expected to include:\n\n\n * Planned investment of approximately $1 billion into power and energy\ninfrastructure supporting the 620 Acre Nakota Project, in Williston, North\nDakota, designed to deliver up to 1 gigawatt (“GW”) of capacity over an\nanticipated 36-month buildout period, with the first 150 megawatts (“MW”)\nexpected to be operational by the second quarter of 2027.\n\n * Planned Investment on phase 1 of $5 billion in GPU financing through a major\nofftake partner, with MoU already executed\n\n * More than $64 million in hard infrastructure and equipment assets
\n\n * A planned $75 million private placement financing\n\nThe announcement represents the culmination of Nixxy’s strategic\ntransformation over the past year. During that period, the Company executed a\nbroad restructuring and repositioning initiative, including the separation of\nlegacy operations, expansion of its communications infrastructure platform,\nand transition into an AI-enabled communications and AI data infrastructure\ncompany purpose-built for the emerging AI economy.\n\nFollowing completion of the transaction, under its new branding, the Company\nintends to focus its long-term strategy on AI data centers, power\ninfrastructure, and high-performance compute ecosystems supporting enterprise\nAI, sovereign AI initiatives, hyperscale compute demand, and next-generation\ndigital infrastructure deployment.\n\nAs part of the proposed transaction, the Company has secured what it believes\nare the major foundational components necessary to advance development\ninitiatives, including strategic site control, real estate agreements,\ninfrastructure rights, licensing arrangements, and project-related approvals.\nFollowing the transaction, the initial project is expected to be the\ndevelopment of the Nakota 1GW data center project in North Dakota.\n\nThe combined entity is expected to launch with substantial operational scale\nand infrastructure capacity, positioning the Company to participate directly\nin one of the fastest-growing sectors of the global economy.\n\n\"This transaction is an asset-first restructuring designed to give public\nmarket investors direct exposure to one of the most significant energy\ninfrastructure buildouts currently underway in North America that is crucial\nfor the growth of our economy as well as our national security,\" said Shahal\nKhan, Chairman and CEO of Tachyon9.\n\n“This represents the next major evolution of Nixxy,” said Mike Schmidt,\nChief Executive Officer of NIXX, Inc. “Over the past year, we have worked to\nrestructure and reposition the Company for what we believe is one of the most\nsignificant infrastructure opportunities of our generation. AI is driving\nunprecedented global demand for compute power, energy capacity, and data\ninfrastructure. We believe this transaction positions Nixxy directly at the\ncenter of that trend.”\n\nAs part of the proposed transaction, the Company expects to assemble a\nworld-class board of directors and senior executive leadership team comprised\nof seasoned technology, AI, infrastructure, energy, and capital markets\nexecutives with extensive experience scaling public and private enterprises\nglobally.\n\nFollowing closing of the proposed transaction, the Company is expected to\ndivest its communications business through a strategic industry transaction to\nexecute on this massive opportunity, allowing management and capital resources\nto focus fully on AI infrastructure and energy development initiatives.\n\nThe Company believes the AI infrastructure sector represents one of the\nlargest generational investment opportunities in modern technology history,\nfueled by exponential growth in artificial intelligence adoption, enterprise\nAI deployment, sovereign compute initiatives, and increasing global demand for\nscalable energy-backed data center capacity.\n\nAdditional details regarding the transaction structure, infrastructure assets,\nfinancing initiatives, governance enhancements, leadership appointments, and\nlong-term strategic roadmap are expected to be provided in a forthcoming\nseries of announcements.\n\nThe proposed transaction remains subject to completion of due diligence,\nexecution of definitive agreements, regulatory approvals, board approvals, and\nother customary closing conditions. The proposed transaction will be subject\nto shareholder consent of Nixxy’s shareholders.\n\nAbout NIXX, Inc.\n\nNIXX, Inc. (NASDAQ: NIXX) is an AI communications and data infrastructure\ncompany focused on next-generation digital infrastructure platforms positioned\nat the intersection of artificial intelligence, high-performance compute,\nenergy, and data center infrastructure. Through its evolving strategic\nplatform, the Company is pursuing large-scale opportunities supporting the\nrapidly growing global demand for AI compute capacity, sovereign AI\ninitiatives, and next-generation energy-backed digital infrastructure.\n\nNixxy’s strategy includes the development and acquisition of AI data center\nassets, power infrastructure, communications technologies, and scalable\ndigital infrastructure platforms designed to support the future of enterprise\nand hyperscale artificial intelligence deployment.\n\nFor more information, visit www.nixxy.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=http%3A%2F%2Fwww.nixxy.com&esheet=54550186&newsitemid=20260609432974&lan=en-US&anchor=www.nixxy.com&index=1&md5=d789a5ec3e0c770dae0e135643cf5859)\n\nABOUT TACHYON9\n\nTachyon9 is a private operating company specializing in energy infrastructure,\ntransmission equipment, and data center assets. The company serves as the\nprimary asset and revenue contributor in the NIXX rollup transaction,\ncontributing approximately $64 million in equipment, land option rights for\nthe Nakota project, and a signed LOI for the entire 1 GW development. Tachyon9\nprojects $275 million in topline revenue for 2026.\n\nForward-Looking Statements\n\nThis press release contains \"forward-looking statements\" within the meaning of\nthe Private Securities Litigation Reform Act of 1995, including statements\nregarding anticipated growth, revenue scale, operating leverage, and the\nCompany's development of communications-enabled financial workflows.\nForward-looking statements are based on management's current expectations and\ninvolve risks and uncertainties that could cause actual results to differ\nmaterially from those expressed or implied. Investors should review the risk\nfactors described in the Company's Annual Report on Form 10-K filed with the\nSecurities and Exchange Commission on April 15, 2026, and other filings with\nthe Securities and Exchange Commission. Nixxy undertakes no obligation to\nupdate forward-looking statements except as required by law.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260609432974/en/\n(https://www.businesswire.com/news/home/20260609432974/en/)\n\nInvestor Relations Nixxy, Inc.\n\nir@nixxy.com (mailto:ir@nixxy.com)\n\nTachyon9 contact:\n\nJohn Arundel\n\nManaging Director\n\nPerdicus Global Communications\n\nWashington, DC\n\nJohn@perdicuspr.com \n(mailto:John@perdicuspr.com) \n(703) 963-4191\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-06-09T12:30:00.581978674Z","server_sent_at_ms":1781008200581},"received_at":"2026-06-09T12:30:00.669Z","source_url":"https://www.businesswire.com/news/home/20260609432974/en/"},"analysis":{"id":"48174","press_release_id":"58745","analysis_json":{"industry":{"label":"Specialized REITs","sector":"Real Estate"},"redFlags":["Transaction is a binding LOI, not definitive agreements; subject to shareholder approval and due diligence.","Planned $75 million private placement will be dilutive to existing shareholders.","Company intends to divest legacy communications business post-transaction, indicating a complete strategic pivot.","Large forward-looking claims ($5B GPU financing, $1B buildout) rely on future financing and offtake agreements."],"eventType":"m_and_a","narrative":"Nixxy, Inc. (NIXX) announced a binding Letter of Intent with Tachyon9 Corporation to execute a strategic transaction creating a NASDAQ-listed AI hyperscale infrastructure and energy platform.\n\nThe deal involves a planned $1 billion investment in the 620-acre Nakota Project in North Dakota, targeting 1 GW of capacity over 36 months, with the first 120 MW of compute power expected by Q2 2027.\n\nTachyon9 will contribute approximately $64 million in hard assets and land rights. The transaction includes a planned $75 million private placement financing and a separate MoU for $5 billion in GPU financing.\n\nThe combined entity will operate under the TACC brand, divest Nixxy’s legacy communications business, and focus on AI data centers and power infrastructure. The deal requires shareholder approval and definitive agreements.","sentiment":"bullish","agentHooks":{"shouldPost":true,"suggestedAngle":"NIXX pivots to AI infrastructure via binding LOI with Tachyon9; $1B buildout and $75M raise planned."},"keyFigures":{"dealValueUsd":1000000000,"offeringPrice":0,"sharesOffered":0,"customDimensions":{"capacity_target":"1 GW","gpu_financing_mou":"$5 billion","asset_injection_value":"$64 million","private_placement_size":"$75 million","initial_compute_delivery":"120 MW","infrastructure_investment":"$1 billion","tacc_projected_revenue_2026":"$275 million"}},"quotedText":"This transaction is an asset-first restructuring designed to give public market investors direct exposure to one of the most significant energy infrastructure buildouts currently underway in North America","namedEntities":{"people":[{"name":"Shahal Khan","role":"Chairman and CEO of Tachyon9"},{"name":"Mike Schmidt","role":"Chief Executive Officer of NIXX, Inc."},{"name":"John Arundel","role":"Managing Director, Perdicus Global Communications"}],"products":["Nakota Project","AI Hyperscale Infrastructure"],"companies":[{"name":"Nixxy, Inc.","ticker":"NIXX","relationship":"filer"},{"name":"Tachyon9 Corporation","relationship":"partner/acquirer"},{"name":"Perdicus Global Communications","relationship":"PR agency"}],"dollarAmounts":[{"amount":"$1 billion","context":"planned investment into power and energy infrastructure"},{"amount":"$5 billion","context":"GPU financing through major offtake partner (MoU)"},{"amount":"$64 million","context":"hard infrastructure and equipment assets contributed by Tachyon9"},{"amount":"$75 million","context":"planned private placement financing"},{"amount":"$275 million","context":"Tachyon9 projected topline revenue for 2026"}]},"materialImpact":{"score":4,"reasoning":"Binding LOI for a transformative strategic transaction (rollup/M&A) with Tachyon9 to create an AI infrastructure platform. Includes a planned $75M private placement (dilutive) and significant asset injection ($64M). While the deal is subject to shareholder approval and definitive agreements, the scale ($1B+ infrastructure, $5B GPU financing MoU) and strategic pivot are highly material."},"tickerRelevance":{"others":[],"primary":"NIXX"},"globalImportance":35,"audienceRelevance":45,"eventTypeSecondary":["partnership","offering"],"importanceComponents":{"tickerTier":"small-cap","eventGravity":"strategic pivot/M&A","sectorWeight":"high (AI infrastructure)","marketCapAdjustment":"neutral","retailFavoriteBoost":"low"}},"event_type":"m_and_a","event_type_secondary":["partnership","offering"],"sentiment":"bullish","material_impact_score":4,"narrative":"Nixxy, Inc. (NIXX) announced a binding Letter of Intent with Tachyon9 Corporation to execute a strategic transaction creating a NASDAQ-listed AI hyperscale infrastructure and energy platform.\n\nThe deal involves a planned $1 billion investment in the 620-acre Nakota Project in North Dakota, targeting 1 GW of capacity over 36 months, with the first 120 MW of compute power expected by Q2 2027.\n\nTachyon9 will contribute approximately $64 million in hard assets and land rights. The transaction includes a planned $75 million private placement financing and a separate MoU for $5 billion in GPU financing.\n\nThe combined entity will operate under the TACC brand, divest Nixxy’s legacy communications business, and focus on AI data centers and power infrastructure. The deal requires shareholder approval and definitive agreements.","key_figures":{"dealValueUsd":1000000000,"offeringPrice":0,"sharesOffered":0,"customDimensions":{"capacity_target":"1 GW","gpu_financing_mou":"$5 billion","asset_injection_value":"$64 million","private_placement_size":"$75 million","initial_compute_delivery":"120 MW","infrastructure_investment":"$1 billion","tacc_projected_revenue_2026":"$275 million"}},"named_entities":{"people":[{"name":"Shahal Khan","role":"Chairman and CEO of Tachyon9"},{"name":"Mike Schmidt","role":"Chief Executive Officer of NIXX, Inc."},{"name":"John Arundel","role":"Managing Director, Perdicus Global Communications"}],"products":["Nakota Project","AI Hyperscale Infrastructure"],"companies":[{"name":"Nixxy, Inc.","ticker":"NIXX","relationship":"filer"},{"name":"Tachyon9 Corporation","relationship":"partner/acquirer"},{"name":"Perdicus Global Communications","relationship":"PR agency"}],"dollarAmounts":[{"amount":"$1 billion","context":"planned investment into power and energy infrastructure"},{"amount":"$5 billion","context":"GPU financing through major offtake partner (MoU)"},{"amount":"$64 million","context":"hard infrastructure and equipment assets contributed by Tachyon9"},{"amount":"$75 million","context":"planned private placement financing"},{"amount":"$275 million","context":"Tachyon9 projected topline revenue for 2026"}]},"model_name":"qwen3_6_27b_awq","prompt_hash":"sha256:727b4b9429a443af","schema_hash":"sha256:05005c02d9cffac9","created_at":"2026-06-09T12:34:49.112Z","global_importance":35,"audience_relevance":45,"importance_components":{"tickerTier":"small-cap","eventGravity":"strategic pivot/M&A","sectorWeight":"high (AI infrastructure)","marketCapAdjustment":"neutral","retailFavoriteBoost":"low"}},"durationMs":67012,"modelName":"george-droid-qwen-72b"}}