A plain-English look at the proposed Nixxy-Tachyon9 deal: a 620-acre North Dakota campus built up to 1 GW, a first 120 MW of compute targeted for Q2 2027, and a planned $5 billion GPU deployment, all framed around the idea that power, not chips, is now AI's tightest constraint.
NEW YORK, NY, June 8, 2026. The hardest part of building artificial intelligence is no longer just the chips. It is finding enough electricity to run them. Nixxy, Inc. (NASDAQ: NIXX) is stepping directly into that gap. The company said it has signed a Letter of Intent with Tachyon9 Corporation, a privately held energy and infrastructure company, to pursue a strategic transaction that would create a publicly traded platform spanning AI infrastructure, power generation, and high-performance computing.
Here is the simple version of why this matters. AI computing demand is rising fast around the world, and that demand is straining electrical grids. Per the announcement, analysts and policymakers have flagged access to reliable power as one of the most significant constraints facing the next wave of AI data center development. Nixxy and Tachyon9 are trying to solve both halves of the problem at once, building the energy and the compute on the same site.
If the deal is completed, the combined company is expected to operate under the TACC brand while keeping its NASDAQ listing. The focus, the company said, would be energy-backed AI infrastructure, including power generation assets, hyperscale data centers, and high-performance computing capacity for enterprise, hyperscale, and sovereign AI customers.
The proposed transaction comes with concrete pieces. According to the announcement, it includes more than $64 million in contributed infrastructure and equipment assets and a planned $75 million private placement financing. At the center sits the 620-acre Nakota Project in Williston, North Dakota, designed for up to 1 gigawatt of planned power generation capacity over an anticipated 36-month buildout. The first 120 megawatts of compute capacity is targeted to be operational during the second quarter of 2027. The plan also references a signed memorandum of understanding supporting a planned $5 billion Phase I GPU deployment through a major compute offtake partner. (The offtake partner was not named in the announcement.)
Location is part of the thesis. The Nakota Project sits in the Bakken energy region of North Dakota, and per the announcement it is designed to draw on abundant natural gas resources and existing pipeline infrastructure to feed large-scale AI computing operations. In other words, build the data center where the energy already is, rather than waiting years for the grid to catch up.
That approach has a name in the industry: "Bring Your Own Power." The company described it as a broader shift toward integrated power-and-compute development, pairing dedicated energy infrastructure with data center campuses for long-term operational reliability. It is a practical answer to a stubborn bottleneck.
The leaders of both companies framed the opportunity in those terms.
"This transaction is designed to provide public market investors with exposure to one of the most important infrastructure themes of our time, the convergence of artificial intelligence and energy. The future of AI will depend on access to reliable, scalable power. We believe the Nakota Project has the potential to become a foundational asset supporting that transformation," said Shahal Khan, Chairman and CEO of Tachyon9.
Mike Schmidt, CEO of Nixxy, pointed to the company's repositioning over the past year. "Artificial intelligence is driving unprecedented demand for compute power, data centers, and energy infrastructure. Over the past year, we have repositioned Nixxy to participate in this rapidly growing sector, and we believe this proposed transaction creates a platform capable of addressing critical infrastructure needs for the AI economy," he said.
There is a revenue line worth knowing. The company said Tachyon9 projects approximately $275 million in revenue during 2026 and is expected to contribute the majority of the infrastructure assets tied to the proposed transaction. Management also said it expects to evaluate strategic alternatives for its communications business so it can concentrate on AI and energy. More details on financing, governance, executive leadership, and development milestones are expected in the coming months.
A standard note on what comes next. The proposed transaction remains subject to due diligence, the negotiation and execution of definitive agreements, regulatory approvals, board approvals, shareholder approval, financing arrangements, and other customary closing conditions. It may not be completed. For a small company tackling a very large problem, the Nixxy and Tachyon9 plan is a name worth watching in the AI-and-energy theme.
This content is for informational purposes only and is not investment advice or a recommendation to buy or sell any security. It describes a proposed transaction that remains subject to due diligence, definitive agreements, financing, and regulatory, board, and shareholder approvals, and may not be completed. Forward-looking statements involve risks and uncertainties; see the company's filings with the SEC.