WhiteFiber Signs $865 Million Colocation Deal with Nscale for AI Infrastructure
- Strategic Partnership: WhiteFiber has announced a 10-year, $865 million colocation deal with Nscale, aimed at expanding its AI infrastructure footprint at the NC-1 data center in North Carolina, marking a significant milestone in the rapidly growing AI market.
- Market Outlook: B. Riley's positive assessment of the agreement indicates a potential 127% upside for WhiteFiber's stock, reflecting confidence in the company's ability to generate steady revenue growth amidst digital asset transformations.
- Client Selection Strategy: CEO Sam Tabar emphasized a cautious approach to client selection, stating that WhiteFiber carefully reviewed multiple offers before choosing Nscale, showcasing its strategic vision in the high-performance computing (HPC) sector.
- Industry Impact: This partnership represents the first spin-off of an HPC data center subsidiary from a digital asset firm, potentially catalyzing industry changes, with WhiteFiber poised to play a significant role in future infrastructure developments.
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Technical Analysis for AI
Technical Sentiment Analysis for Sleepless AI (AI) As of , Sleepless AI (AI) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 3 technical signals, shows that 0 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for AI stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, AI is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Sleepless AI (AI) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.00939 | 0.0149 | 0.0201 | 0.0256 | 0.0308 | 0.0363 | 0.0415 |
| Fibonacci | 0.0149 | 0.019 | 0.0215 | 0.0256 | 0.0297 | 0.0322 | 0.0363 |
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