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- NetBox Labs Bekerjasama dengan NVIDIA dan Grafana Labs, Mengumumkan Penambahan Baharu pada Platform NetBox Infrastructure Intelligence untuk Membentuk Lapisan Kecerdasan bagi Pembinaan Infrastruktur Pusat Data AI dan PerusahaanCompanies: NvidiaNetBox, yang sudah digunakan oleh lebih 90% neocloud terkemuka serta syarikat seperti Arm, J.P. Morgan Chase dan CoreWeave, kini menjadi native kepada NVIDIA DSX OS dan katalog Grafana, sekali gus memperkenalkan kaedah baharu untuk manusia dan ejen AI mereka bentuk serta mengendalikan persekitaran infrastruktur paling kompleks di dunia
- NetBox Labs bermitra dengan NVIDIA dan Grafana Labs, mengumumkan penambahan fitur baru pada NetBox Infrastructure Intelligence Platform untuk Membangun Lapisan Kecerdasan yang Mendukung Pengembangan Pusat Data AI dan Infrastruktur PerusahaanCompanies: NvidiaNetBox, yang telah digunakan oleh lebih dari 90% penyedia neocloud terkemuka serta perusahaan-perusahaan seperti Arm, J.P. Morgan Chase, dan CoreWeave, kini terintegrasi langsung dengan NVIDIA DSX OS dan katalog Grafana. NetBox juga menghadirkan berbagai kemampuan baru yang memungkinkan pengguna dan agen AI untuk merancang dan mengoperasikan lingkungan infrastruktur paling kompleks di dunia
- Netbox Labs geht eine Partnerschaft mit NVIDIA und Grafana Labs ein und kündigt neue Ergänzungen zur NetBox Infrastructure Intelligence Platform an, um die Intelligenzebene für den Aufbau von KI-Rechenzentren und Unternehmensinfrastrukturen zu schaffenCompanies: NvidiaNetBox, das bereits von mehr als 90 % der führenden Neoclouds sowie von Unternehmen wie Arm, J.P. Morgan Chase und CoreWeave genutzt wird, wird nun nativ in das NVIDIA DSX-Betriebssystem und den Grafana-Katalog integriert und bietet Menschen und KI-Agenten neue Möglichkeiten, die weltweit komplexesten Infrastrukturumgebungen zu entwerfen und zu betreiben.
- NetBox Labs s’associe à NVIDIA et Grafana Labs et annonce de nouvelles fonctionnalités pour son Infrastructure Intelligence Platform afin de constituer la couche d’intelligence nécessaire au déploiement de centres de données d’IA et d’infrastructures d’entrepriseCompanies: NvidiaDéjà utilisé par plus de 90 % des principaux néoclouds et par des entreprises telles qu’Arm, J.P. Morgan Chase et CoreWeave, NetBox devient natif de NVIDIA DSX OS et du catalogue Grafana. Il offre en outre de nouvelles possibilités aux utilisateurs et aux agents d’IA de concevoir et d’exploiter les environnements d’infrastructure les plus complexes au monde.
- WeInfuseWeInfuse and Clarion Partner to Bring AI Agents to the Infusion and Pharmacy Front OfficeClarion's AI agents connect directly to WeInfuse to resolve routine patient calls using live order, authorization, and appointment data. — WeInfuse, the premier software platform for infusion providers and pharmacies, announced a strategic partnership...
- Toll Brothers Announces New Luxury Home Community Coming Soon to Saint Cloud, FloridaToll Brothers at Bella Tara offers resort-style amenities and spacious home designs in a picturesque setting
- OpenWorld (NASDAQ: OPNW) Signs Term Sheet to Finance and Operate a Solar-Powered AI Computing Network Built on Tesla Powerwall BatteriesCompanies: TeslaOpenWorld, Inc. ("OpenWorld" or the "Company") (NASDAQ: OPNW), an innovation company advancing global real-world asset ("RWA") tokenization, today announced that it has entered into a non-binding term sheet with Meridian to establish a tokenized financing program of up to $[1] billion to fund the purchase and deployment of a distributed AI computing network powered by solar energy and Tesla Powerwall battery storage. Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the program, and its OpenWorld Enterprise platform will finance, coordinate and monitor the network. Key Highlights Up to $1 billion in tokenized financing: OpenWorld structures and administers the tokenized financing program on OpenWorld Enterprise. Tesla Powerwall batteries, solar panels and AI computing equipment serve as collateral within the structure. Exclusive Tesla Powerwall inventory: Meridian holds exclusive rights to a reserved inventory of Tesla Powerwall systems that qualified for federal clean-energy tax credits before those credits were discontinued. [The inventory covers more than 160,000 Powerwalls, enough to support approximately 80,000 homes.] Initial deployment of 10,000 homes: [GPU-equipped computers at participating homes, with larger installations at local schools, hospitals and commercial campuses.] AI inference without new data centers: AI providers pay to run trained models on the network with no new centralized data-center sites, no additional grid interconnections and no water-based cooling. The program is intended to supply capacity to one or more leading AI inference providers. Hosts get paid: Homeowners receive monthly hosting payments and lower-cost electricity, with household energy needs taking priority over computing workloads. Commercial hosts receive a share of site revenue and backup power. Timeline: Test installations scheduled to begin in the fourth quarter of 2026; first commercial site targeted for the first quarter of 2027. Builds on the BeyondAI transaction: Follows last week's proposed transaction with BeyondAI, which would transform BeyondAI’s industrial AI intellectual property rights into financeable collateral on OpenWorld’s tokenization platform. Solving the Power Problem in AI Infrastructure Access to power is a growing constraint on AI infrastructure. New data centers face lengthy grid interconnection timelines, local opposition and significant water demands. The planned network of home-hosted, distributed AI inference computing would place GPU-equipped computers at participating homes and larger installations at local schools, hospitals and commercial campuses, each powered by on-site solar generation and Tesla Powerwall storage. AI providers would pay to use this computing capacity for inference, the process of running trained AI models, without requiring new centralized data-center sites, additional grid connections or water-based cooling. Participating homeowners would receive monthly hosting payments and lower-cost electricity, with household energy needs taking priority over computing workloads. Commercial hosts would receive a share of site revenue and backup power. How the Program Works Meridian, a privately held Delaware limited liability company, specializes in optimizing tax credits for Tesla Powerwall systems and holds exclusive rights to a reserved inventory of Powerwall systems that qualified for federal clean-energy tax credits before those credits were discontinued. [The inventory covers more than 160,000 Powerwalls, enough to support installations at approximately 80,000 homes. The program’s initial deployment is planned for 10,000 homes.] Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the financing program. OpenWorld will establish and administer the tokenized financing structure on its OpenWorld Enterprise platform. The financing would support Meridian’s purchase and deployment of Tesla Powerwall batteries and associated AI computing equipment, as well as the purchase by OpenWorld or a subsidiary of solar panels, all of which would serve as collateral within the structure. OpenWorld is also developing an integrated system to power and operate each installation. The OpenWorld Enterprise platform will coordinate computing workloads across the network, monitor equipment performance and provide investors with reporting on the underlying assets. The program is intended to supply computing capacity to one or more leading AI inference providers. Test installations are scheduled to begin in the fourth quarter of 2026, with the first commercial site targeted for the first quarter of 2027. Management Commentary “Access to power is becoming the major constraint on the growth of AI infrastructure,” said Matt Shaw, CEO and Chairman of OpenWorld. “By bringing computing equipment to homes and commercial properties through solar generation and Tesla Powerwall storage, we can build AI capacity closer to the power source instead of waiting years for a grid connection. Our term sheet with Meridian brings together the tokenization, financing and operating capabilities needed to develop this network at scale, and it shows what OpenWorld Enterprise is built to do: turn real-world assets into financeable, on-chain infrastructure.” “Meridian’s rights to a large inventory of tax-qualified Tesla Powerwall systems provide the critical foundation for this program,” said Josh Raffaelli, founder of Meridian and clean energy investor. “OpenWorld will help us finance the equipment and manage the network, turning solar generation and battery storage at participating properties into infrastructure that can serve growing demand for AI computing.” If a transaction is consummated, Mr. Raffaelli is expected to join OpenWorld’s board of directors. Certain officers and directors of OpenWorld hold interests in Meridian; additional information regarding these relationships is included in the Company’s Current Report on Form 8-K. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “expected,” “would,” “will,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify forward-looking statements. These include statements about the proposed engagement, the size, timing and structure of the financing program, the Distributed Inference Program, anticipated offtake arrangements and tax credit treatment. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Those risks include failure to execute definitive agreements, market conditions, regulatory developments affecting tokenized securities, tax law changes and the risks described in OpenWorld’s Annual Report and Quarterly Reports filed with the SEC, including under the heading titled “Risk Factors.” OpenWorld undertakes no obligation to update these statements except as required by law. Tesla and Powerwall are trademarks of Tesla, Inc. Tesla, Inc. is not a party to the term sheet described in this release. No Offer or Solicitation This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. About OpenWorld OpenWorld, Inc. (NASDAQ: OPNW) is a technology-powered digital assets and blockchain innovation company that co-architects and takes principal positions in enterprise blockchain initiatives alongside sovereign governments, institutional partners and major enterprises. Since its founding in 2023, OpenWorld has advised on projects representing over $66 billion in aggregate network value and supported more than 20 companies backed by leading global venture firms, including a16z, Multicoin Capital, Dragonfly and Founders Fund. OpenWorld’s capabilities span real-world asset tokenization, stablecoin infrastructure, capital markets advisory, governance structuring and public markets strategy, with active engagements across the United States, Gulf, Europe, Southeast Asia and Africa. To learn more, visit openworld.dev and follow OpenWorld on X at [@_openworld]. About Meridian Meridian is a privately held Delaware limited liability company that specializes in optimizing federal clean-energy tax credits for Tesla Powerwall systems and holds exclusive rights to a reserved inventory of tax-credit-qualified Powerwall systems. Contacts [email protected] MediaGasthalter & Co.Phone: (212) 257-4170Email: [email protected]
- Doubleview Reports First 2026 Drill Assays from Hat Project; H109 Returns 541.2 Metres of 0.27% CuEq and H113-H114 Add South-West Extension DataVancouver, BC, Oct 14, 2026 - Doubleview Gold Corp. (TSXV: DBG) (OTCQX: DBLVF) (FSE: 1D4) ("Doubleview" or the "Company") is pleased to announce assay results for drill holes H109, H110, H113 and H114, the first reported assay results from the Company's 2026 drilling campaign at its 100%-owned Hat Polymetallic Deposit in northwestern British Columbia. The Company has completed approximately 7,400 metres of drilling at the Hat Project during 2026 to date, and drilling is ongoing. Drill holes H109 and H110 were drilled from the Hat East area, while drill holes H113 and H114 were drilled from the South-West Extension area. The holes were designed to provide additional geological and assay information in areas where the Company's current block model and mineralization model indicated a need for additional definition. The results reported in this release add data from two separate locations on the Hat Deposit: the east side of the deposit and the south-west extension area. Additional assay results from both areas remain pending and will be announced following receipt, validation and review by the Company's Qualified Person. The Company's geological interpretation remains subject to change as additional drilling and assay data are received and integrated. Drill holes H109, H110, H113 and H114 were not included in the Mineral Resource Estimate with an effective date of February 4, 2026, or in the Preliminary Economic Assessment disclosed by the Company in March 2026. These results will be considered for future geological modelling, resource estimation and engineering studies. No updated mineral resource estimate, pit design, economic analysis or resource classification change has been completed using the results reported in this news release. Highlights First 2026 assay release: H109, H110, H113 and H114 are the first drill holes from the 2026 Hat drilling campaign to be reported by assay. Two target areas reported: H109 and H110 provide additional data from Hat East, while H113 and H114 add data from the South-West Extension area. H109 returned 541.2 metres grading 0.27% CuEq from 60.0 metres, including 128.0 metres grading 0.48% CuEq, 19.0 metres grading 1.36% CuEq and 13.0 metres grading 1.80% CuEq. H110 returned 408.4 metres grading 0.20% CuEq from 38.7 metres, including 111.7 metres grading 0.30% CuEq, 30.0 metres grading 0.78% CuEq, 19.0 metres grading 1.01% CuEq and 6.0 metres grading 1.89% CuEq. H113 returned 417.6 metres grading 0.23% CuEq from 24.8 metres, including 174.4 metres grading 0.31% CuEq, 82.4 metres grading 0.37% CuEq and 7.4 metres grading 1.37% CuEq. H114 returned 567.7 metres grading 0.16% CuEq from 36.3 metres, including 89.3 metres grading 0.41% CuEq and 55.0 metres grading 0.49% CuEq. The holes were designed to fill important data gaps and provide additional drill density for future modelling. No change to current resource categories is implied until an updated MRE is completed and approved by a Qualified Person. Copper equivalent values in this release exclude scandium oxide (Sc2O3), which is reported separately in the assay table. Selected Assay Results Hat East - H109 and H110: H109 returned 541.2 metres grading 0.27% CuEq from 60.0 metres, including 432.0 metres grading 0.30% CuEq, 217.2 metres grading 0.37% CuEq, 128.0 metres grading 0.48% CuEq, 19.0 metres grading 1.36% CuEq and 13.0 metres grading 1.80% CuEq. H110 returned 408.4 metres grading 0.20% CuEq from 38.7 metres, including 111.7 metres grading 0.30% CuEq, 30.0 metres grading 0.78% CuEq, 19.0 metres grading 1.01% CuEq and 6.0 metres grading 1.89% CuEq. All reported intervals are drill core lengths. True widths have not been determined. Complete assay intervals are presented in Table 1. Current MRE and PEA Context References in this news release to the 2026 PEA pit shell or proposed pit outline are provided only for geological context. They do not imply that the new drill holes are included in a mine plan, that mineral reserves have been estimated, or that an updated economic analysis has been completed. Mineral resources are not mineral reserves and do not have demonstrated economic viability. The PEA is preliminary in nature and includes inferred mineral resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as mineral reserves. CEO Comment Farshad Shirvani, President and CEO of Doubleview Gold Corp., commented: "These first 2026 assays are important because they add disciplined follow-up data from two separate parts of the Hat Deposit. H109 and H110 provide additional close-spaced information from Hat East, including a strong interval in H109 beneath the 2026 PEA pit shell, while H113 and H114 add meaningful data from the South-West Extension area. These holes were drilled with a clear purpose: to fill gaps, test continuity and improve the data available for future modelling. While these results do not change the current MRE or PEA on their own, they are important building blocks for future updates. We look forward to reporting additional assays from both areas after they are received, validated and reviewed." Table 1: Summary of H109, H110, H113 and H114 Drill Core Assay Intercepts DDHNoteFrom (m)To (m)Length (m)CuEq (%) excl. Sc2O3Au (g/t)Cu (%)Ag (g/t)Co (g/t)Sc2O3 (g/t) H109 60.0601.2541.20.270.140.130.256225.6 Incl.153.0585.0432.00.300.150.140.226626.1 Incl.153.0187.934.90.800.770.110.294324.1 Incl.384.0601.2217.20.370.130.230.316527.1 Incl.413.0587.0174.00.410.150.250.356725.6 Incl.459.0587.0128.00.480.170.300.436524.1 Incl.467.0585.0118.00.500.180.310.456522.9 Incl.467.0486.019.01.360.460.901.0713620.0 Incl.470.0483.013.01.800.621.201.3815920.7 Incl.560.0585.025.00.580.250.340.606225.4 H110 38.7447.0408.40.200.100.090.125626.9 Incl.38.760.021.40.480.330.150.6311515.6 Incl.335.4447.0111.70.300.110.190.175228.8 Incl.417.0447.030.00.780.300.490.406130.2 Incl.428.0447.019.01.010.390.640.536625.7 Incl.428.0434.06.01.890.751.200.9710025.6 H113 24.8442.4417.60.230.110.120.256036.1 Incl.24.8133.0108.20.220.160.060.155638.1 Incl.268.0442.4174.40.310.100.200.416631.5 Incl.360.0442.482.40.370.140.220.416328.5 Incl.435.0442.47.41.370.490.902.3710021.4 H114 36.3604.0567.70.160.060.080.165726.3 Incl.514.8604.089.30.410.140.260.407322.8 Incl.549.0604.055.00.490.160.320.475822.3 Notes to Table 1 1. Copper Equivalent (CuEq) values exclude scandium oxide (Sc2O3). 2. Reported intervals are drill core lengths. True widths have not been determined. 3. CuEq values are provided for comparative presentation of drill intercepts and do not imply economic viability. Grades for each metal used in the CuEq calculation are shown separately in Table 1. 4. Parameters used to calculate CuEq: gold price US$2,365.09/oz, silver price US$27.43/oz, copper price US$4.17/lb and cobalt price US$14.76/lb. Recoveries used: gold 89.0%, silver 68.0%, copper 84.0% and cobalt 78.0%. 5. CuEq (%) = ([Ag grade in ppm] x 27.43 x 0.68 / 31.1035 + [Au grade in ppm] x 2365.09 x 0.89 / 31.1035 + 0.0001 x [Co grade in ppm] x 14.76 x 0.78 x 22.0462 + 0.0001 x [Cu grade in ppm] x 4.17 x 0.84 x 22.0462) / (4.17 x 22.0462 x 0.84). 6. Reported Sc2O3 grades are shown for information only and no value for scandium oxide is included in CuEq values reported in this release. Figure 1: Plan view showing drill holes H109, H110, H113 and H114 relative to the 2026 proposed pit outline and two reported 2026 assay areas: Hat East and the South-West Extension. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8003/318915_1ca93714f4667a49_001full.jpg Figure 2: North-south section view showing drill holes H109 and H110, nearby close drill holes, and mineralized intervals relative to the 2026 PEA pit shell. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8003/318915_1ca93714f4667a49_002full.jpg Figure 3: East-west section view showing drill holes H109 and H110 and mineralized intervals relative to the 2026 PEA pit shell. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8003/318915_1ca93714f4667a49_003full.jpg Figure 4: South-west section view showing drill holes H113 and H114 and mineralized intervals in the South-West Extension area of the Hat Deposit. To view an enhanced version of this graphic, please visit: https://images.newsfilecorp.com/files/8003/318915_1ca93714f4667a49_004full.jpg Geological Interpretation Hat East - H109 and H110 H109 and H110 were drilled from the same Hat East platform and were planned to test close-spaced mineralization on the east side of the Hat Deposit. The drill holes provide additional assay and geological information in an area where the Company is seeking to improve the continuity, geometry and grade distribution inputs for future block model work. H109 intersected a broad mineralized interval beginning at 60.0 metres and continuing for 541.2 metres. Within this interval, stronger mineralization occurs between 467.0 and 486.0 metres, including 13.0 metres grading 1.80% CuEq. The Company interprets this as further support for mineralization below the 2026 PEA pit shell in the Hat East area. H110 also returned broad mineralization, including 408.4 metres grading 0.20% CuEq from 38.7 metres and higher-grade intervals near the lower portion of the reported intercept, including 19.0 metres grading 1.01% CuEq and 6.0 metres grading 1.89% CuEq. Together, H109 and H110 achieved their intended purpose by adding close-spaced assay information to an important eastern part of the mineralized system. South-West Extension - H113 and H114 H113 and H114 were drilled from the South-West Extension area to add assay information in a part of the Hat Deposit where additional drilling is required to better define mineralization continuity and geometry. The Company interprets these holes as adding mineralization confirmation to the south-west area, while also providing data that may assist future modelling of the overall mineralization envelope. H113 returned 417.6 metres grading 0.23% CuEq from 24.8 metres, including 174.4 metres grading 0.31% CuEq, 82.4 metres grading 0.37% CuEq and 7.4 metres grading 1.37% CuEq. H114 returned 567.7 metres grading 0.16% CuEq from 36.3 metres, including 89.3 metres grading 0.41% CuEq and 55.0 metres grading 0.49% CuEq. These intervals are interpreted by the Company to further support mineralization in the south-west part of the Hat system; however, the final interpretation is subject to change as additional drill holes from this and other locations are received, validated and modelled. The results reported in this release are expected to be incorporated into future geological modelling after completion of standard QA/QC review and Qualified Person verification. Until an updated mineral resource estimate is completed, these results should not be interpreted as changing current mineral resource quantities, mineral resource classifications, pit geometry or project economics. Table 2: Drill Hole Locations and Orientations DDH IDUTM-East (m)UTM-North (m)Elevation (m)Dip (deg)Azimuth (deg)Max Depth (m) H1093484186453987982-69.6227687 H1103484186453987982-69.21273576 H1133473376453725950-67.0230502 H1143473376453725650-87.910605.7 Coordinates are reported in NAD83 / UTM Zone 9N. Quality Assurance and Quality Control Hat Project drill cores are processed at Doubleview's field camp where they are photographed, measured and logged by technical staff and then divided using a diamond-bladed saw. One half is placed in a secure sample bag and forwarded to the independent analytical laboratory. The remaining half core is stored on site where it is available for further examination and sampling. Samples are subject to a chain-of-custody routine as they are shipped from camp to a bonded carrier for delivery to the laboratory. All core samples are prepared and analyzed at AGAT Laboratories in Calgary, an independent ISO 17025 and ISO 9001 certified facility. Samples are dried, crushed to 70% passing 2 mm, split to obtain a 250 g representative portion, and pulverized to 85% passing 75 micrometres. Gold, platinum and palladium are assayed by 30-50 g fire assay with ICP-OES finish. Multi-element analyses are performed by four-acid digestion with ICP-OES/MS, with ore-grade assays applied where required. Selected samples are further analyzed for whole-rock oxides using lithium borate fusion with ICP-OES, and loss on ignition is determined separately. Routine quality assurance protocols include insertion of blanks, duplicates and certified reference materials. Qualified Person Erik Ostensoe, P.Geo., a consulting geologist and Doubleview's Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed and approved the technical contents of this news release. Mr. Ostensoe is not independent of Doubleview as he is a shareholder of the Company. About Doubleview Gold Corp. Doubleview Gold Corp. is a mineral resource exploration and development company headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX Venture Exchange (TSXV: DBG), OTCQX (DBLVF) and Frankfurt Stock Exchange (FSE: 1D4). Doubleview focuses on identifying, acquiring and advancing precious and base metal exploration projects, with a strong emphasis on British Columbia and on critical minerals including copper, cobalt and scandium. About the Hat Polymetallic Deposit The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with copper, gold, cobalt, silver and scandium mineralization. The Company continues to advance the Hat Project through exploration drilling, metallurgical studies, environmental and engineering work, and technical studies required for responsible project advancement. On behalf of the Board of Directors, Farshad Shirvani President & Chief Executive Officer For further information, please contact: Doubleview Gold Corp. Vancouver, BC Farshad Shirvani, President & CEO T: 604.678.9587 E: [email protected] Cautionary Note Regarding Forward-Looking Information Certain statements in this news release constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking information includes, but is not limited to, statements regarding future drilling, future assay results, geological modelling, potential future mineral resource estimate updates, future engineering studies, potential changes to resource confidence, and the potential significance of the drill results reported in this release. Forward-looking information is based on the Company's current expectations, estimates, forecasts and assumptions, which are subject to risks and uncertainties that may cause actual results or events to differ materially from those expressed or implied by such forward-looking information. These risks include exploration risks, assay and interpretation risks, geological modelling uncertainty, permitting and environmental risks, operational risks, market conditions, commodity prices, financing availability, and other risks associated with mineral exploration and development. Readers are cautioned not to place undue reliance on forward-looking information. Except as required by applicable securities laws, the Company undertakes no obligation to update or revise forward-looking information. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.
- OpenWorld (NASDAQ: OPNW) Signs Term Sheet to Finance and Operate a Solar-Powered AI Computing Network Built on Tesla Powerwall BatteriesCompanies: TeslaOpenWorld, Inc. ("OpenWorld" or the "Company") (NASDAQ: OPNW), an innovation company advancing global real-world asset ("RWA") tokenization, today announced that it has entered into a non-binding term sheet with Meridian to establish a tokenized financing program of up to $[1] billion to fund the purchase and deployment of a distributed AI computing network powered by solar energy and Tesla Powerwall battery storage. Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the program, and its OpenWorld Enterprise platform will finance, coordinate and monitor the network. Key Highlights Up to $1 billion in tokenized financing: OpenWorld structures and administers the tokenized financing program on OpenWorld Enterprise. Tesla Powerwall batteries, solar panels and AI computing equipment serve as collateral within the structure. Exclusive Tesla Powerwall inventory: Meridian holds exclusive rights to a reserved inventory of Tesla Powerwall systems that qualified for federal clean-energy tax credits before those credits were discontinued. [The inventory covers more than 160,000 Powerwalls, enough to support approximately 80,000 homes.] Initial deployment of 10,000 homes: [GPU-equipped computers at participating homes, with larger installations at local schools, hospitals and commercial campuses.] AI inference without new data centers: AI providers pay to run trained models on the network with no new centralized data-center sites, no additional grid interconnections and no water-based cooling. The program is intended to supply capacity to one or more leading AI inference providers. Hosts get paid: Homeowners receive monthly hosting payments and lower-cost electricity, with household energy needs taking priority over computing workloads. Commercial hosts receive a share of site revenue and backup power. Timeline: Test installations scheduled to begin in the fourth quarter of 2026; first commercial site targeted for the first quarter of 2027. Builds on the BeyondAI transaction: Follows last week's proposed transaction with BeyondAI, which would transform BeyondAI’s industrial AI intellectual property rights into financeable collateral on OpenWorld’s tokenization platform. Solving the Power Problem in AI Infrastructure Access to power is a growing constraint on AI infrastructure. New data centers face lengthy grid interconnection timelines, local opposition and significant water demands. The planned network of home-hosted, distributed AI inference computing would place GPU-equipped computers at participating homes and larger installations at local schools, hospitals and commercial campuses, each powered by on-site solar generation and Tesla Powerwall storage. AI providers would pay to use this computing capacity for inference, the process of running trained AI models, without requiring new centralized data-center sites, additional grid connections or water-based cooling. Participating homeowners would receive monthly hosting payments and lower-cost electricity, with household energy needs taking priority over computing workloads. Commercial hosts would receive a share of site revenue and backup power. How the Program Works Meridian, a privately held Delaware limited liability company, specializes in optimizing tax credits for Tesla Powerwall systems and holds exclusive rights to a reserved inventory of Powerwall systems that qualified for federal clean-energy tax credits before those credits were discontinued. [The inventory covers more than 160,000 Powerwalls, enough to support installations at approximately 80,000 homes. The program’s initial deployment is planned for 10,000 homes.] Under the term sheet, OpenWorld will serve as advisor, structuring agent and services provider for the financing program. OpenWorld will establish and administer the tokenized financing structure on its OpenWorld Enterprise platform. The financing would support Meridian’s purchase and deployment of Tesla Powerwall batteries and associated AI computing equipment, as well as the purchase by OpenWorld or a subsidiary of solar panels, all of which would serve as collateral within the structure. OpenWorld is also developing an integrated system to power and operate each installation. The OpenWorld Enterprise platform will coordinate computing workloads across the network, monitor equipment performance and provide investors with reporting on the underlying assets. The program is intended to supply computing capacity to one or more leading AI inference providers. Test installations are scheduled to begin in the fourth quarter of 2026, with the first commercial site targeted for the first quarter of 2027. Management Commentary “Access to power is becoming the major constraint on the growth of AI infrastructure,” said Matt Shaw, CEO and Chairman of OpenWorld. “By bringing computing equipment to homes and commercial properties through solar generation and Tesla Powerwall storage, we can build AI capacity closer to the power source instead of waiting years for a grid connection. Our term sheet with Meridian brings together the tokenization, financing and operating capabilities needed to develop this network at scale, and it shows what OpenWorld Enterprise is built to do: turn real-world assets into financeable, on-chain infrastructure.” “Meridian’s rights to a large inventory of tax-qualified Tesla Powerwall systems provide the critical foundation for this program,” said Josh Raffaelli, founder of Meridian and clean energy investor. “OpenWorld will help us finance the equipment and manage the network, turning solar generation and battery storage at participating properties into infrastructure that can serve growing demand for AI computing.” If a transaction is consummated, Mr. Raffaelli is expected to join OpenWorld’s board of directors. Certain officers and directors of OpenWorld hold interests in Meridian; additional information regarding these relationships is included in the Company’s Current Report on Form 8-K. Forward-Looking Statements This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “expected,” “would,” “will,” “anticipate,” “intend,” “plan” and similar expressions are intended to identify forward-looking statements. These include statements about the proposed engagement, the size, timing and structure of the financing program, the Distributed Inference Program, anticipated offtake arrangements and tax credit treatment. These statements are subject to risks and uncertainties that could cause actual results to differ materially. Those risks include failure to execute definitive agreements, market conditions, regulatory developments affecting tokenized securities, tax law changes and the risks described in OpenWorld’s Annual Report and Quarterly Reports filed with the SEC, including under the heading titled “Risk Factors.” OpenWorld undertakes no obligation to update these statements except as required by law. Tesla and Powerwall are trademarks of Tesla, Inc. Tesla, Inc. is not a party to the term sheet described in this release. No Offer or Solicitation This press release is for informational purposes only and does not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. About OpenWorld OpenWorld, Inc. (NASDAQ: OPNW) is a technology-powered digital assets and blockchain innovation company that co-architects and takes principal positions in enterprise blockchain initiatives alongside sovereign governments, institutional partners and major enterprises. Since its founding in 2023, OpenWorld has advised on projects representing over $66 billion in aggregate network value and supported more than 20 companies backed by leading global venture firms, including a16z, Multicoin Capital, Dragonfly and Founders Fund. OpenWorld’s capabilities span real-world asset tokenization, stablecoin infrastructure, capital markets advisory, governance structuring and public markets strategy, with active engagements across the United States, Gulf, Europe, Southeast Asia and Africa. To learn more, visit openworld.dev and follow OpenWorld on X at [@_openworld]. About Meridian Meridian is a privately held Delaware limited liability company that specializes in optimizing federal clean-energy tax credits for Tesla Powerwall systems and holds exclusive rights to a reserved inventory of tax-credit-qualified Powerwall systems. Contacts Investors [email protected] Media Gasthalter & Co. Phone: (212) 257-4170 Email: [email protected]
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