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sur Jericho Energy Ventures Inc. (CVE:JEV)

Jericho Energy Ventures Advances AI Data Center with Strategic U.S. Positioning

Jericho Energy Ventures Inc., based in Tulsa, Oklahoma, is leveraging its location on a primary U.S. fiber route to expedite its AI Modular Data Center project. This strategic placement allows Jericho to harness low-cost natural gas, serving the increasing energy needs of AI and energy sectors.

The International Energy Agency forecasts that AI data centers will represent half of the U.S. electricity demand growth by 2030, overtaking sectors like aluminum and steel. CEO Brian Williamson highlights the advantage of situating their data centers directly on the fiber backbone for improved speed and efficiency, also underscoring the modular design's scalability to meet AI demands.

Partnering with AT&T, Jericho is implementing a minimum 10Gbps fiber optic connectivity at its initial data center site, with potential expansions beyond 100Gbps anticipated.

R. H.

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