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EVTV Advances 500 MW AI Data Center Vision as AZIO AI Adds A16Z Fund Strategy Leader to Advisory Team Amid Growing Interest in AI Infrastructure with Companies like SpaceX and xAI
EVTV Advances 500 MW AI Data Center Vision as AZIO AI Adds A16Z Fund Strategy Leader to Advisory Team Amid Growing Interest in AI Infrastructure with Companies like SpaceX and xAI
About this update from Azion Corporation
Appointment Adds Institutional Capital Markets and AI Infrastructure Expertise as EVTV Pursues Off-grid Power-Backed Hyperscale Data Center Development and AI Compute Expansion Following the Historic SpaceX IPOHOUSTON, TX / ACCESS Newswire / June 16, 2026 / Envirotech Vehicles, Inc. NASDAQ:EVTV ("EVTV" or the "Company") today highlighted the recent appointment of Andrew Omori, Partner and Head of Fund Strategy at Andreessen Horowitz ("a16z"), to the advisory team of AZIO AI Corporation ("AZIO AI"), EVTV's merger partner under the previously announced definitive merger agreement.AZIO AI management believes the appointment further strengthens the leadership, capital markets expertise, and strategic capabilities being assembled for the combined artificial intelligence ("AI") infrastructure platform contemplated by the proposed transaction.The announcement comes amid accelerating investor attention surrounding AI infrastructure, data centers, power generation, and the physical assets required to support the next generation of AI applications. Market participants have increasingly focused on the infrastructure layer supporting leading AI companies, including organizations such as SpaceX and xAI, while broader developments in satellite connectivity, cloud infrastructure, and high-performance computing continue driving demand for compute capacity and data center development.EVTV management believes one of the defining opportunities of the AI era may be ownership and development of the physical infrastructure required to support increasingly compute-intensive workloads. Through its South Texas operations, EVTV has identified approximately 11 MW of currently available power capacity and is evaluating opportunities associated with up to approximately 500 MW of additional power capacity that could support future AI Hyperscale data center, compute hosting, and digital infrastructure initiatives.Mr. Omori brings nearly two decades of experience spanning technology investment banking, capital markets, mergers and acquisitions, institutional finance, strategic planning, and AI-enabled operational systems. At Andreessen Horowitz, he established and leads the firm's Fund Strategy function, supporting capital allocation, financial modeling, operational analytics, and internal AI initiatives across one of Silicon Valley's most influential investment platforms.Andreessen Hor...