QumulusAI Secures 7-Year Colocation Deal for 3.75 MW in Atlanta
QMLS sits 16% above its 52-week low of $5.4.
Summary
QumulusAI signed a 7-year colocation agreement for up to 3.75 MW of data center capacity in metropolitan Atlanta, expected to support up to 2,048 NVIDIA Blackwell B300 GPUs and ready for service in Q4 2026. The deal includes a right of first offer for up to 7 MW of additional capacity. This expands the company's infrastructure footprint to meet growing GPU-as-a-service demand, following a series of recent customer wins. The agreement provides long-term capacity visibility but financial terms were not disclosed.
At the time of this announcement, QMLS was trading at $6.27 on NASDAQ in the Technology sector, with a market capitalization of approximately $194.2M. The 52-week trading range was $5.40 to $38.00. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: Reuters.