By the numbers: a 620-acre North Dakota campus, up to 1 GW of planned power over a 36-month buildout, a first 120 MW of compute targeted for Q2 2027, and a memorandum of understanding behind a planned $5 billion Phase I GPU deployment.
NEW YORK, NY, June 8, 2026. The numbers in Nixxy's latest announcement do the talking. Nixxy, Inc. (NASDAQ: NIXX) said it has signed a Letter of Intent with Tachyon9 Corporation, a privately held energy and infrastructure company, to pursue a strategic transaction that would create a publicly traded platform spanning artificial intelligence infrastructure, power generation, and high-performance computing.
Start with the figure that frames the rest. The companies pointed to a signed memorandum of understanding supporting a planned $5 billion Phase I GPU deployment through a major compute offtake partner. That headline sits atop a stack of other commitments: more than $64 million in contributed infrastructure and equipment assets, a planned $75 million private placement financing, and a build targeting up to 1 gigawatt of planned power generation capacity.
The work would center on the 620-acre Nakota Project in Williston, North Dakota. Per the announcement, the first 120 megawatts of compute capacity is targeted to be operational during the second quarter of 2027, with the full buildout reaching up to 1 GW over an anticipated 36-month period. If completed, the combined company is expected to operate under the TACC brand while keeping its NASDAQ listing.
The thesis is straightforward, and much of the industry is converging on it. AI computing demand is climbing fast, and that demand presses on electrical grids. The company noted that analysts and policymakers have identified access to reliable power as one of the most significant constraints facing next-generation AI data center development. Pair the compute with the power, and the bottleneck eases.
"This transaction is designed to provide public market investors with exposure to one of the most important infrastructure themes of our time, the convergence of artificial intelligence and energy. The future of AI will depend on access to reliable, scalable power. We believe the Nakota Project has the potential to become a foundational asset supporting that transformation," said Shahal Khan, Chairman and CEO of Tachyon9.
Location matters here, and the site selection looks deliberate. The Nakota Project sits in the Bakken energy region of North Dakota, an area defined by abundant natural gas resources and existing pipeline infrastructure across the Northern Midwest. The plan leans on that energy base to support large-scale AI computing, a concrete answer to one of the sector's hardest problems: securing reliable and scalable energy for next-generation data centers.
"The Nakota project is strategically positioned to leverage abundant natural gas resources and existing pipeline infrastructure in the Northern Midwest, addressing one of the most critical constraints facing the AI industry," said John Arundel, Managing Director at Perdicus Global Communications, which represents Tachyon9.
This fits a wider pattern the company called the "Bring Your Own Power" trend, which pairs dedicated energy infrastructure directly with data center campuses for long-term operational reliability. Rather than competing for scarce grid capacity, BYOP developers build the generation alongside the compute. For customers in the enterprise, hyperscale, and sovereign AI markets the platform aims to serve, that integration is the point.
The economics get an early data point too. Tachyon9 projects approximately $275 million in revenue during 2026 and is expected to contribute the majority of the infrastructure assets tied to the proposed transaction.
"Power is becoming AI's most valuable resource. This transaction creates a platform to capitalize on that trend," said Mike Schmidt, CEO of Nixxy.
The company said additional announcements regarding financing, governance, executive leadership, development milestones, and long-term infrastructure plans are expected in the coming months. Management also expects to evaluate strategic alternatives for its communications business so it can focus on AI and energy initiatives.
A standard note on process. The proposed transaction remains subject to due diligence, negotiation and execution of definitive agreements, regulatory approvals, board approvals, shareholder approval, financing arrangements, and other customary closing conditions, and may not be completed as described.
This content is for informational purposes only and is not investment advice or a recommendation to buy or sell any security. It describes a proposed transaction that remains subject to due diligence, definitive agreements, financing, and regulatory, board, and shareholder approvals, and may not be completed. Forward-looking statements involve risks and uncertainties; see the company's filings with the SEC.