3 E Network (MASK) surged 50.25% in after-hours trading following the announcement of a Master Services Agreement with Orka Technologies to develop a 26MW AI data center in Finland. The partnership, structured over three years with an initial 6MW capacity deployment and subsequent annual expansions, marks 3 E Network’s entry into the high-growth AI infrastructure market. The company will establish a wholly-owned subsidiary in Finland, leveraging the country’s stable power grid, green energy, and low-latency connectivity to Central Europe, as highlighted by CEO Dr. Tingjun Yang. The agreement underscores strategic access to cost-efficient resources and positions 3 E Network to capitalize on Europe’s rising demand for sustainable AI computing infrastructure.
Comments
No comments yet