Nixxy, Tachyon 9 Plan $1 Billion Hydrogen-Powered AI Campus in North Dakota
Nixxy (NIXX) and Tachyon 9 on Monday unveiled plans to develop a $1 billion AI data center campus in North Dakota designed to run on hydrogen-capable power systems, low-water cooling technology and behind-the-meter energy generation.The companies said the first phase of 120 to 150 megawatts is targeted to come online in the second quarter of 2027, subject to financing, regulatory approvals and completion of their proposed strategic combination announced earlier in June.The proposed Nakota Data Campus is expected to deliver up to one gigawatt of computing capacity once fully operational.The facility is projected to integrate natural gas-based generation with hydrogen-capable turbine technology from Baker Hughes (BKR), together with pre-combustion decarbonization options, and what the companies describe as a pathway toward carbon neutrality over time.Hydrogen-rich fuel blends are expected to be derived from natural gas resources that would otherwise be flared, the companies said, adding that the approach could convert stranded energy into firm power for AI workloads while reducing emissions intensity.Nixxy and Tachyon 9 said the campus is designed to address three constraints on data center expansion: grid capacity, carbon intensity, and water usage.The campus will use closed-loop liquid-cooling systems designed to significantly reduce freshwater consumption compared with conventional evaporative cooling methods by continuously recycling water after an initial fill.The project is also expected to qualify under US hydrogen-related incentives tied to Section 45V clean hydrogen provisions, the companies said, as part of what they described as a broader strategy to align with US energy security and industrial policy goals.Nixxy and Tachyon 9 said the North Dakota location offers advantages, including access to natural gas resources, cooler ambient temperatures, and existing energy infrastructure that supports large-scale AI compute deployment.Price: $1.56, Change: $+0.24, Percent Change: +18.18%