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EdgeMode Secures Merger with BlackBerry AIF to Propel High-Performance Computing Expansion and Scales AI Data Center Infrastructure
EdgeMode Secures Merger with BlackBerry AIF to Propel High-Performance Computing Expansion and Scales AI Data Center Infrastructure.
About this update from Edgemode Inc.
[{"type":"text","content":"\r\n\r\n \r\n \r\n EdgeMode Secures Merger with BlackBerry AIF to Propel High-Performance Computing Expansion and Scales AI Data Center Infrastructure\r\n \r\n \r\n\r\n\r\nEdgeMode Secures Merger with BlackBerry AIF to Propel High-Performance Computing Expansion and Scales AI Data Center Infrastructure\r\n\r\n\r\n\r\n\r\n\r\n“Combined Entity to Control 4.4GW of Hyperscale-Ready Capacity Across Spain, Targeting Over $1 Billion in Valuation” FT. LAUDERDALE, Fla., June 30, 2025 (GLOBE NEWSWIRE) -- EdgeMode Inc. (OTC: EDGM), a next-generation AI data infrastructure company, today announced the signing of a Memorandum of Understanding (MOU) between EdgeMode Inc. and BlackBerry AIF (BAIF). This merger is structured to facilitate the proposed acquisition of BAIF’s assets by EdgeMode in exchange for equity and investment capital, forming a platform to support EdgeMode’s expansion in the High-Performance Computing (HPC) data center sector across Europe. Under the terms of the MOU, EdgeMode will acquire 100% of BAIF's issued share capital. Upon closing, BAIF stakeholders will hold 50% of the outstanding equity of EdgeMode and is anticipated that the assets of the combined company would increase by over $140M. The combined entity will control a 4.4 gigawatt (GW) pipeline of hyperscale-ready sites across Spain and Europe, with initial 1 GW ready to build (RTB) in Q4 2025. A further 1.2 MW is targeted to be ready to build (RTB) by Q4 2027. Significant growth is expected as EdgeMode attracts investment and scales infrastructure. By leveraging its existing relationships with investment banks and initiating strategic M&A transactions, EdgeMode is poised to attract substantial investor interest, thereby enhancing shareholder value and positioning itself as a leader in the AI data center sector in Europe. BAIF’s assets include 23 data center development sites totaling 4.41 GW of capacity, of which over 2.2 GW have secured land leases, zoning approvals (ICUs), and dark fiber access. EdgeMode expects the merger will accelerate its HPC rollout, initially targeting its Swedish site at Marviken, where it has already secured a 95MW power purchase agreement and commenced construction on its first 20MW facility. The high-performance computing (HPC) and data center markets are experiencing growth, driven largely by t...