Ori Industries Merges with Radiant for AI Infrastructure Platform
Ori Industries has merged with Radiant to create a new AI infrastructure platform, supported by $100 million in financing from Data Sales Co. This merger aims to address the growing demands for large-scale AI workloads, leveraging institutional funding and cost-effective solutions.
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Ori Industries and Radiant have merged to establish an advanced AI infrastructure platform aimed at handling extensive artificial intelligence workloads. Data Sales Co. has financed approximately $100 million in non-dilutive lease funding for Ori's GPU servers and networking over the past two years, underscoring their commitment as a financial partner.
The merger is expected to enhance Radiant's capability to deliver AI compute services with lower capital costs, benefiting from Brookfield's institutional funding and integrated energy development. This move reflects ongoing growth in AI infrastructure investments and positions Data Sales Co. as a key financing ally for technology firms, potentially impacting future funding dynamics in the sector.
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