Investment
Features
FeesSafety
Academy
More
Pluang+

1606 Corp. partners with MDM Group to market 55 MW East Texas AI infrastructure site

Company Fundamentals
11 Aug 2026
MCAP MediaWire
View Source
Bullish
pluang ai news

1606 Corp. has entered a strategic agreement with MDM Group to market its planned 55 MW powered site in East Texas to AI infrastructure operators and strategic buyers. The site features behind-the-meter power generation and existing industrial facilities suitable for AI, cloud, and high-performance computing deployments. MDM Group will leverage its extensive network to identify buyers and partners, working on a success-fee basis without upfront fees. This partnership aims to capitalize on growing AI infrastructure demand and explore various commercialization options including leases, joint ventures, and financing before the purchase agreement expires in October 2026.

More News

Tractor Supply CEO buys 15,600 shares for $501K amid 44% stock drop

Tractor Supply CEO buys 15,600 shares for $501K amid 44% stock drop

Tractor Supply's CEO, Lawton, purchased 15,600 shares of the company for $501,540 despite the stock having declined 44%. This insider buying signals confidence in the company's future prospects even as the stock price has fallen significantly. Such m...

Market News
Bullish
4 hours ago
Intuitive Surgical stock drops 30% YTD but shows strong growth and recurring revenue in surgical robotics.

Intuitive Surgical stock drops 30% YTD but shows strong growth and recurring revenue in surgical robotics.

Intuitive Surgical's stock has fallen over 30% this year, yet the company continues to grow its installed base of surgical robots and recurring revenue from instruments and services. The da Vinci system fleet expanded 12% in Q2 2026, with recurring r...

Analyst Insights
Bullish
4 hours ago
New homeowners insurance offers $420 savings for hail-resistant roofs and wildfire mitigation discounts in Oklahoma

New homeowners insurance offers $420 savings for hail-resistant roofs and wildfire mitigation discounts in Oklahoma

Mercury Insurance has launched an enhanced homeowners insurance product in Oklahoma that offers average savings of $420 for homes with hail-resistant roofing and $290 for homes meeting FORTIFIED standards. The product includes optional coverage to up...

Market News
Bullish
4 hours ago
Riot Platforms shares jump 17% on $9.1B AI data center lease with Anthropic.

Riot Platforms shares jump 17% on $9.1B AI data center lease with Anthropic.

Riot Platforms' shares rose 17% after announcing a 20-year lease for a 191 MW AI data center at its Texas campus, expected to generate $9.1 billion in revenue through 2048. The lease with Anthropic marks a major shift from Bitcoin mining to large-sca...

Market News
Bullish
4 hours ago
Dave's Killer Bread brings back Pumpkin Spice Madness Bagels for fall, packed with protein and fiber.

Dave's Killer Bread brings back Pumpkin Spice Madness Bagels for fall, packed with protein and fiber.

Dave's Killer Bread has reintroduced its popular Pumpkin Spice Madness Bagels for a limited time this fall, marking the first return in seven years. These bagels combine seasonal flavors like brown sugar, cinnamon, and nutmeg with organic, non-GMO wh...

Others
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App