Jericho Energy and Comstock Launch AI Data Center Venture in Oklahoma
Jericho Energy Ventures and Comstock Holding Companies have established a joint venture, Oklahoma AI Ventures LLC, to develop AI data center infrastructure in Oklahoma. The partnership includes a $10 million capital commitment from Comstock, enhancing its investment strategy in technology-driven real estate development.
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Jericho Energy Ventures Inc. and Comstock Holding Companies, Inc. formalized a joint venture, Oklahoma AI Ventures LLC, on June 4, 2026, focused on AI data center infrastructure development in Oklahoma. Comstock committed $2.75 million initially, with an additional $5.75 million contingent on budget approvals, bringing its total investment in Jericho to approximately $10 million.
The joint venture will be evenly split between Comstock and Rising Eagle LLC, associated with Jericho. The collaboration aims to leverage Jericho's energy infrastructure assets and Comstock's real estate expertise. This venture could enhance operational efficiencies in data center operations and reflects a growing trend of integrating AI technologies in real estate.
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