BlockchAIn Digital Infrastructure Bets Big on AI

BlockchAIn Digital Infrastructure (AIB) is executing a growth strategy centered on developing AI-focused data center capacity. CEO Jerry Tang highlighted the company's 'power-first' approach, emphasizing that securing sufficient electricity is the primary constraint for AI computing expansion. AIB develops electrical and cooling infrastructure for AI workloads and leases capacity to AI companies under long-term agreements, typically exceeding 10 years.

The company is concentrating on projects ranging from 40 to 90 megawatts, which allows for faster deployment, approximately 12 to 14 months after contract signing. AIB has secured 120 megawatts under contract and is pursuing additional capacity. Key to its strategy is project-level financing, with the CLT1 project aiming to secure 70% to 80% of its estimated $800 million cost through debt.

Progress is being made on the CLT1 project with Nebius, including decommissioning work and local permitting. Tang indicated the first data hall is expected around August 2027, with the second following in December 2027. Beyond CLT1, AIB is also advancing projects in Texas (DFW1, DFW2) and targeting delivery by the end of 2027, with another project (MSP1) slated for the first half of 2028.