On August 24, Aethir announced the launch of the ACCELERATE strategic project, focusing on securing usage rights for 10 AI data center sites in the US and Europe, with a total capacity of up to 20 megawatts. The company disclosed that the total contract value for these sites, once fully operational, will exceed $2 billion, with an expected contract amount of up to $700 million to be realized by the end of 2026. The sites will support NVIDIA B300 and GB300 clusters, with node scales ranging from 64 to 256, and deployment cycles measured in months rather than the traditional multi-year construction period for data centers. Aethir also announced updates to its IDC token economic policy, introducing a burn mechanism and variable platform fees. The Aethir Foundation holds equity in Axe Compute.
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