GRRR ▲ +3.9% - Gorilla Technology Group Inc.
$GRRR Gorilla Technology signed a non-binding letter of intent to acquire its first U.S. data center, with expansion potential to 36 MW, as part of a broader strategy targeting more than 100 MW of AI infrastructure capacity within 12–18 months. * Initial acquisition: The operational facility has 6 MW of existing power capacity and generates revenue from colocation services. Gorilla aims to complete the acquisition by November 2026. * Power expansion: The local utility provided written support for approximately 30 MW of additional capacity, potentially bringing the site to 36 MW. Delivery is estimated at 18 months, subject to infrastructure upgrades. * AI infrastructure: Gorilla plans phased upgrades for high-density GPU computing, including power distribution, networking and liquid cooling, while engaging prospective AI compute customers. * U.S. growth strategy: The company is evaluating additional acquisitions and customer-backed GPU deployments to build a portfolio exceeding 100 MW within 12–18 months.
09-OCT-2026 08:04 AM ET
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